{"id":877941,"date":"2025-08-21T11:14:29","date_gmt":"2025-08-21T15:14:29","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/nuburu-hits-first-milestone-in-tekne-acquisition-with-initial-stake-and-tekne-us-jv-launch\/"},"modified":"2025-08-21T11:14:29","modified_gmt":"2025-08-21T15:14:29","slug":"nuburu-hits-first-milestone-in-tekne-acquisition-with-initial-stake-and-tekne-us-jv-launch","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/nuburu-hits-first-milestone-in-tekne-acquisition-with-initial-stake-and-tekne-us-jv-launch\/","title":{"rendered":"NUBURU Hits First Milestone in Tekne Acquisition with Initial Stake and Tekne US JV Launch"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>NUBURU Hits First Milestone in Tekne Acquisition with Initial Stake and Tekne US JV Launch<\/b><\/p>\n<p class=\"bwalignc\"><i>Joint venture immediately tasked with $7.5M in contracts, Americas market expansion, and co-development of new defense technologies.<\/i><\/p>\n<p class=\"bwalignc\"><i>Initial minority stake serves as foundation for path to controlling interest in Tekne within the framework of the Golden Power regulations.<\/i><\/p>\n<p>CENTENNIAL, Colo.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nNUBURU, Inc. (NYSE American: BURU) (\u201cNUBURU\u201d or the \u201cCompany\u201d), a global leader in high-performance blue laser technology, is pleased to announce the successful execution of the first milestone under the phased acquisition plan for Tekne S.p.A. (\u201cTekne\u201d) established following formal notice received from the Italian government under the \u201cGolden Power\u201d framework.<\/p>\n<p>\nThrough its new subsidiary, Nuburu Defense, the Company secured an initial equity stake equal to the maximum interest permitted under current Golden Power regulatory thresholds (3%) and agreed to an action plan that, by utilizing the Luxembourg investment vehicle TCEI, will pave the way to a controlling interest in Tekne.<\/p>\n<p>\nThis step serves as the foundation for the launch of a U.S.-Based Defense 80\/20 Joint Venture between Nuburu Defense and Tekne, aimed at being immediately operational with three primary mandates:<\/p>\n<ul class=\"bwlistdisc\">\n<li>\nDeliver an initial USD $7.5 million backlog of Tekne special vehicle contracts outside Italy, while managing sales to non-Italian clients across Tekne\u2019s pipeline.<\/p>\n<\/li>\n<li>\nManufacture, assemble, and market Tekne\u2019s proven product lines for the Americas.<\/p>\n<\/li>\n<li>\nDevelop new defense-tech solutions, integrating Tekne\u2019s licenses with NUBURU\u2019s blue-laser platform to create proprietary IP for allied markets.<\/p>\n<\/li>\n<\/ul>\n<p><i>\u201cThis joint venture transforms the phased acquisition plan into a revenue-generating reality,<\/i>\u201d said Alessandro Zamboni, Executive Chairman of NUBURU. <i>\u201cWe can now execute contracts, expanding Tekne\u2019s reach into the Americas, and laying the groundwork for co-developed technologies that can shape the future of allied defense.\u201d<\/i><\/p>\n<p>\nAs part of the broader phased plan, the binding agreement signed between the Company and Tekne\u2019s shareholders \u2014 which provides for Nuburu Defense\u2019s path from minority stake to an eventual 70% controlling interest in Tekne \u2014 includes commitments to finance up to \u20ac40 million in Tekne\u2019s working capital needs over the next 12 months, also supported by Supply@ME Capital Plc\u2019s inventory monetization platform and potential further additional investors through the platform.<\/p>\n<p>\nA renewed Golden Power notification will be filed to progress to majority ownership in compliance with Italian requirements.<\/p>\n<p>\nTo bolster execution, NUBURU has engaged Anthony Sinnott, a retired U.S. Marine Corps officer and former DoD senior advisor, as a strategic consultant. Mr. Sinnott brings extensive operational, NATO, and Fortune 500 leadership experience, including service on Tekne\u2019s board.<\/p>\n<p>\nTogether, these steps advance NUBURU\u2019s Defense &amp; Security Hub strategy \u2014 uniting Tekne\u2019s deployed Tactical Bubble systems and defense vehicle expertise with NUBURU\u2019s blue-laser technology and its confirmed upcoming acquisition of the Software as a Service startup focused on operational resilience, which allows for an expanded offering from Nuburu Defense.<\/p>\n<p>\nFurther updates will follow as NUBURU continues to execute the phased plan and expand its defense and security footprint.<\/p>\n<p><b>About NUBURU<\/b><\/p>\n<p>\nFounded in 2015, NUBURU, Inc. has developed and previously manufactured industrial blue laser technology. Under a renewed strategic vision led by Executive Chairman Alessandro Zamboni, the Company is expanding into complementary sectors including defense-tech, security, and critical infrastructure resilience. NUBURU is leveraging a combination of internal innovation and strategic acquisitions to build out its Defense &amp; Security Hub, targeting long-term, sustainable growth across high-value government and enterprise markets.<\/p>\n<p>\nFor more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.nuburu.net%2F&amp;esheet=54311217&amp;newsitemid=20250821269269&amp;lan=en-US&amp;anchor=www.nuburu.net&amp;index=1&amp;md5=6e0431fdb4fd5e90f22d0155119d8718\">www.nuburu.net<\/a>.<\/p>\n<p><b>Forward-Looking Statements<\/b><\/p>\n<p>\nThis press release contains certain \u201cforward-looking statements\u201d within the meaning of the United States Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact contained in this press release may be forward-looking statements, identified by words such as \u201cmay,\u201d \u201cshould,\u201d \u201cexpect,\u201d \u201cintend,\u201d \u201cwill,\u201d \u201cestimate,\u201d \u201canticipate,\u201d \u201cbelieve,\u201d \u201cpredict,\u201d \u201cplan,\u201d \u201cseek,\u201d \u201ctargets,\u201d \u201cprojects,\u201d \u201ccould,\u201d \u201cwould,\u201d \u201ccontinue,\u201d \u201cforecast,\u201d or their negatives or variations. These statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially, including but not limited to: (1) the ability to meet security exchange listing standards; (2) the impact of the loss of the Company\u2019s patent portfolio through foreclosure; (3) failure to achieve expectations regarding business development and acquisition strategy; (4) inability to access sufficient capital; (5) inability to realize anticipated benefits of acquisitions; (6) changes in applicable laws or regulations; (7) adverse economic, business, or competitive factors; (8) financial market volatility due to geopolitical and economic factors; and (9) other risks detailed in the Company\u2019s SEC filings, including its most recent Form 10-K or Form 10-Q. These filings address additional risks that could cause actual results to differ from those in the forward-looking statements. Readers should not place undue reliance on these statements, which speak only as of the date they are made. NUBURU undertakes no obligation to update or revise these statements, except as required by law.<\/p>\n<p><b>Source<\/b>: NUBURU, Inc.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250821269269r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250821269269\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250821269269\/en\/<\/a><\/span><\/p>\n<p>\nNUBURU Investor Relations: <a rel=\"nofollow\" href=\"mailto:ir@nuburu.net\">ir@nuburu.net<br \/>\n<\/a><br \/>Media Contact: <a rel=\"nofollow\" href=\"mailto:press@nuburu.net\">press@nuburu.net<br \/>\n<\/a><br \/>Website: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.nuburu.net&amp;esheet=54311217&amp;newsitemid=20250821269269&amp;lan=en-US&amp;anchor=www.nuburu.net&amp;index=2&amp;md5=10bea4c7a2eef9f1076c012ddcc09764\">www.nuburu.net<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Colorado Europe United States Italy North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Software Other Defense Hardware Technology Defense Other Manufacturing Security Government Technology Engineering Other Technology Manufacturing Military<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250821269269\/en\/2559025\/3\/BURU_LOGO.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>NUBURU Hits First Milestone in Tekne Acquisition with Initial Stake and Tekne US JV Launch Joint venture immediately tasked with $7.5M in contracts, Americas market expansion, and co-development of new defense technologies. Initial minority stake serves as foundation for path to controlling interest in Tekne within the framework of the Golden Power regulations. CENTENNIAL, Colo.&#8211;(BUSINESS WIRE)&#8211; NUBURU, Inc. (NYSE American: BURU) (\u201cNUBURU\u201d or the \u201cCompany\u201d), a global leader in high-performance blue laser technology, is pleased to announce the successful execution of the first milestone under the phased acquisition plan for Tekne S.p.A. (\u201cTekne\u201d) established following formal notice received from the Italian government under the \u201cGolden Power\u201d framework. Through its new subsidiary, Nuburu Defense, the Company secured an initial equity stake &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/nuburu-hits-first-milestone-in-tekne-acquisition-with-initial-stake-and-tekne-us-jv-launch\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;NUBURU Hits First Milestone in Tekne Acquisition with Initial Stake and Tekne US JV Launch&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-877941","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>NUBURU Hits First Milestone in Tekne Acquisition with Initial Stake and Tekne US JV Launch - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/nuburu-hits-first-milestone-in-tekne-acquisition-with-initial-stake-and-tekne-us-jv-launch\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NUBURU Hits First Milestone in Tekne Acquisition with Initial Stake and Tekne US JV Launch - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NUBURU Hits First Milestone in Tekne Acquisition with Initial Stake and Tekne US JV Launch Joint venture immediately tasked with $7.5M in contracts, Americas market expansion, and co-development of new defense technologies. Initial minority stake serves as foundation for path to controlling interest in Tekne within the framework of the Golden Power regulations. CENTENNIAL, Colo.&#8211;(BUSINESS WIRE)&#8211; NUBURU, Inc. (NYSE American: BURU) (\u201cNUBURU\u201d or the \u201cCompany\u201d), a global leader in high-performance blue laser technology, is pleased to announce the successful execution of the first milestone under the phased acquisition plan for Tekne S.p.A. (\u201cTekne\u201d) established following formal notice received from the Italian government under the \u201cGolden Power\u201d framework. 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Initial minority stake serves as foundation for path to controlling interest in Tekne within the framework of the Golden Power regulations. CENTENNIAL, Colo.&#8211;(BUSINESS WIRE)&#8211; NUBURU, Inc. (NYSE American: BURU) (\u201cNUBURU\u201d or the \u201cCompany\u201d), a global leader in high-performance blue laser technology, is pleased to announce the successful execution of the first milestone under the phased acquisition plan for Tekne S.p.A. (\u201cTekne\u201d) established following formal notice received from the Italian government under the \u201cGolden Power\u201d framework. Through its new subsidiary, Nuburu Defense, the Company secured an initial equity stake &hellip; Continue reading \"NUBURU Hits First Milestone in Tekne Acquisition with Initial Stake and Tekne US JV Launch\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/nuburu-hits-first-milestone-in-tekne-acquisition-with-initial-stake-and-tekne-us-jv-launch\/","og_site_name":"Market Newsdesk","article_published_time":"2025-08-21T15:14:29+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250821269269r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/nuburu-hits-first-milestone-in-tekne-acquisition-with-initial-stake-and-tekne-us-jv-launch\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/nuburu-hits-first-milestone-in-tekne-acquisition-with-initial-stake-and-tekne-us-jv-launch\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"NUBURU Hits First Milestone in Tekne Acquisition with Initial Stake and Tekne US JV Launch","datePublished":"2025-08-21T15:14:29+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/nuburu-hits-first-milestone-in-tekne-acquisition-with-initial-stake-and-tekne-us-jv-launch\/"},"wordCount":887,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/nuburu-hits-first-milestone-in-tekne-acquisition-with-initial-stake-and-tekne-us-jv-launch\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250821269269r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/nuburu-hits-first-milestone-in-tekne-acquisition-with-initial-stake-and-tekne-us-jv-launch\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/nuburu-hits-first-milestone-in-tekne-acquisition-with-initial-stake-and-tekne-us-jv-launch\/","name":"NUBURU Hits First Milestone in Tekne Acquisition with Initial Stake and Tekne US JV Launch - 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