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    NUBURU Executes First Tranche of Tekne Financial Program, Bolstering Strategic Partnership and Defense Expansion

    11/19/25 7:30:00 AM ET
    $BURU
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    Initial capital execution marks the first phase of NUBURU's €15 million support package, accelerating the path toward a strategic-interest goal, industrial cooperation, and expanded global defense operations.

    NUBURU, Inc. (NYSE:BURU) ("NUBURU" or the "Company"), a global pioneer in high-performance blue laser technology, today announced the successful execution of the first €2 million in financial support to Tekne S.p.A., following the "Updated Tekne Agreement" announced November 12, 2025.

    This executed funding—facilitated through the Inventory Monetization platform powered by Supply@ME Capital Plc—marks the first phase of NUBURU's broader €15 million structured commitment to strengthen Tekne's working capital, financial position, and long-term industrial capabilities.

    Both companies confirm that progress across all elements of the renewed strategic partnership remains fully on track, including industrial cooperation, financial support, joint go-to-market initiatives.

    Leadership Commentary

    "We are extremely pleased with the rapid execution of the initial €2 million commitment to Tekne," said Alessandro Zamboni, Executive Chairman and Co-CEO of NUBURU Inc. "This milestone reinforces our long-term strategic vision and the deep industrial alignment between our companies. The cooperation on joint innovation, market expansion, and defense-sector initiatives is advancing seamlessly. We look forward to accelerating this momentum as we continue building a unified defense and security platform across Italy, Europe, and the Americas."

    Key Strategic Workstreams & Partnership Progress

    Joint Global Go-to-Market Execution

    Progressing exclusive distribution plans for Tekne's products & solutions in the Americas while coordinating on NATO, MENA, and APAC project opportunities.

    Operational Integration & Shared Capabilities

    Combining Tekne's engineering, production facilities, and specialized personnel with NUBURU's project guarantees, technology stack, and international market access.

    Innovation and Co-Investment

    Joint development programs in mobility, defense, laser-based systems, battlefield resilience, and critical-infrastructure security.

    Strategic-Interest Shareholding & Remaining Financial Support

    Advancing toward the €13 million convertible shareholder loan and NUBURU's first-step acquisition of a 2.9% equity stake in Tekne. The conversion and path to a wider strategic-interest stake remain subject to the Italian Government review under the Golden Power regulation.

    Golden Power Notification & Drone JV

    Preparation is underway for a new Golden Power notification by year-end, aligned with the planned joint venture with Maddox Defense Incorporated to develop and deploy unmanned aerial systems (UAS) for military and commercial use.

    Next Milestone: Network Contract (Contratto di Rete)

    The companies expect to finalize the Italian "Network Contract" by November 30, 2025. This legal framework will formalize shared operational resources, coordinated R&D, and integrated commercial execution.

    Together, these milestones underscore NUBURU's expanding role as a transatlantic defense and security provider, combining advanced laser technology, mobility platforms, drone systems, and resilience software into a unified ecosystem.

    About NUBURU

    Founded 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 & Security Hub, targeting long-term, sustainable growth across high-value government and enterprise markets.

    For more information, visit www.nuburu.net.

    About Nuburu Defense LLC

    Nuburu Defense LLC, a subsidiary of Nuburu Inc., is focused on delivering advanced laser-based solutions for defense, security, and critical infrastructure applications.

    For more information, visit also www.orbitopenplatform.com.

    Forward-Looking Statements

    This press release contains certain "forward-looking statements" 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 "may," "should," "expect," "intend," "will," "estimate," "anticipate," "believe," "predict," "plan," "seek," "targets," "projects," "could," "would," "continue," "forecast," 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) anticipated net proceeds and use of proceeds; (2) the ability to meet security exchange listing standards; (3) the impact of the loss of the Company's patent portfolio through foreclosure; (4) failure to achieve expectations regarding business development and acquisition strategy; (5) inability to access sufficient capital; (6) inability to realize anticipated benefits of acquisitions; (7) changes in applicable laws or regulations; (8) adverse economic, business, or competitive factors; (9) financial market volatility due to geopolitical and economic factors; and (10) other risks detailed in the Company's 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.

    View source version on businesswire.com: https://www.businesswire.com/news/home/20251119446435/en/

    NUBURU Investor Relations: [email protected]

    Media Contact: [email protected]

    Website: www.nuburu.net

    Get the next $BURU alert in real time by email

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