BURU News & Events

Nuburu announced that, on May 26, 2026, Nuburu, Nuburu Defense, Tekne and Tekne's historical shareholders signed a binding definitive Share Purchase and Investment Agreement, SPA, formalizing Nuburu's planned acquisition of a controlling 70% ownership stake in Tekne, subject to authorization under Italy's Golden Power framework. Nuburuhas already provided approximately EUR 16.692M of shareholder financing to Tekne, including EUR 13M funded in January 2026 and an incremental EUR 3.692M funded in March 2026. Under the SPA, Nuburu Defense has also agreed to provide an additional EUR 1.0M within two business days after signing and may provide further interim shareholder financing, subject to agreed financial planning, to support Tekne's operational continuity, industrial execution and turnaround path while the Golden Power process advances.

Reports Q1 revenue $407,644 vs $0 last quarter. "Revenue generation has begun and NUBURU has returned to positive stockholders' equity," said Alessandro Zamboni, Executive Chairman and Co-Chief Executive Officer of NUBURU. "The first quarter shows that our Transformation Plan is producing measurable positive results: revenue from the expanded platform, a materially improved net loss profile and a strengthened balance sheet after a multi-year deficit position. As a significant shareholder, I remain fully aligned with our investors, as do the management team and the Board. Execution and financing risks remain, but the Company's Form 10-Q reflects NUBURU's move from restructuring toward execution, commercial rollout and scalable revenue growth."

Nuburu provided an update regarding its NYSE American listing compliance and expected Q1 stockholders' equity. On April 29, 2025, Nuburu received a Notice of Noncompliance from NYSE Regulation indicating that the company was not in compliance with the NYSE American LLC Company Guide, which requires a company to maintain stockholders' equity of $2.0M or more if it has reported losses from continuing operations or net losses in two of its three most recent fiscal years, and NYSE American granted a plan period through October 29, 2026. Nuburu expects to report positive stockholders' equity in excess of such $2.0M threshold for the quarter ended March 31, 2026. On May 12, in light of the reported stockholders' deficit of approximately $15.2M as of December 31, 2025 and historical net losses, Nuburu received a subsequent notice from NYSE American indicating that the company was not in compliance with the Company Guide, which requires a company to maintain stockholders' equity of $4.0M or more if it has reported losses from continuing operations or net losses in three of its four most recent fiscal years. NYSE American is not requiring that a new compliance plan be provided with respect to such increased compliance threshold and the company will continue to operate against the Compliance Plan previously accepted by NYSE American. The company expects to report stockholders' equity of approximately $3.2M as of March 31, 2026, up approximately $18.4M from year-end 2025. The company expects to demonstrate compliance with the increased $4M NYSE American stockholders' equity requirement for the quarter ended June 30, 2026.

NUBURU provided a strategic update on the continued expansion of its integrated Defense & Security platform through the advancement of its Lyocon laser roadmap and the ongoing progression of the proposed Tekne transaction and related Golden Power process in Italy. Following the strategic acquisition of Lyocon, NUBURU has reactivated and expanded its blue-laser business line while simultaneously positioning the technology for dual-use industrial and defense applications. The Company believes Lyocon's laser-source expertise and Tekne's military mobility and electronic-warfare integration capabilities represent highly complementary components within a scalable Defense & Security architecture. NUBURU's evolving platform strategy is designed to support future opportunities across: Counter-UAV and directed-energy defense systems; Tactical and vehicle-integrated laser applications; Mobile defense and special-purpose military platforms; Electronic-warfare integration systems; Multi-wavelength laser technologies; Mission-critical defense and operational-resilience applications. Earlier this year, Lyocon secured an initial deployment order for a portable directed-energy laser dazzler system for counter-drone applications from a tier-one government-owned defense electronics organization operating within a centralized procurement framework in a major Asia-Pacific defense market. NUBURU believes the deployment represented an important operational milestone validating the strategic relevance of directed-energy technologies within the Company's broader Defense & Security roadmap. NUBURU is actively advancing multiple laser-development and commercial initiatives intended to support both industrial and defense-oriented applications. Lyocon's Zephyrus product family remains central to its active blue-laser platform strategy, supporting applications requiring precision energy delivery, advanced processing performance and operational reliability across demanding environments. In parallel, the team is developing a next-generation blue-laser architecture designed to exceed 500W, intended to significantly expand the performance envelope and commercial applicability of its laser systems. Lyocon is also advancing development of a new BLUE + IR dual-wavelength laser family designed for applications where multi-wavelength flexibility may provide operational or mission advantages across advanced industrial processing, medical technologies, counter-UAV systems, directed-energy applications, and defense and security environments. In addition, NUBURU is pursuing a broader pathway toward tactical and vehicle-integrated directed-energy systems, including potential laser-arm and mobile-platform configurations designed for defense, tactical-response and special-mission applications. NUBURU, through Lyocon, has also been selected by a leading global industrial player in the semiconductor and hard-drive sector to supply a medium-power blue-laser system for surface-treatment applications. The Company believes this engagement reflects the advanced performance, process stability and operational reliability of the Lyocon blue-laser platform and further validates the quality of its technology in demanding dual-use industrial environments. NUBURU believes this achievement strengthens the Company's positioning as a credible technology provider for major industrial organizations where advanced manufacturing requirements and blue-laser technologies converge to meet demanding industry standards. As previously announced, NUBURU continues advancing the long-form documentation and regulatory pathway associated with its proposed strategic transaction involving Tekne. Following execution of the long-form agreements, NUBURU intends to submit the related Golden Power notification/application to the Italian Government in connection with the proposed increase of its ownership position in Tekne, consistent with applicable regulations governing strategic national-security and defense assets.