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NUBURU Expands Defense & Security Platform with Laser Arm Initiative Targeting the Fast-Growing Directed-Energy and Counter-UAS Markets
NUBURU Expands Defense & Security Platform with Laser Arm Initiative Targeting the Fast-Growing Directed-Energy and Counter-UAS
About this update from Nuburu, Inc.
NUBURU, Inc. (NYSE American: BURU – the “Company”), the next-generation dual-use Defense & Security integrated platform company focused on non-kinetic effects and directed-energy technologies, electronic warfare and defense mobility programs, software-orchestrated defense systems and advanced manufacturing, today announced the signing of a binding head of terms (the “Agreement”) with SunCubes S.r.l. (“SunCubes”), an Italian developer of laser-based wireless power transmission, beam-control, pointing, tracking and safety technologies. The Agreement has been signed by NUBURU, Inc., with NUBURU intending to implement the definitive investment and industrial cooperation through Lyocon S.r.l. (“Lyocon”), its Italian laser-engineering and manufacturing subsidiary, as the designated NUBURU group entity. The structure reflects the core business logic of the transaction: the alliance is laser-focused, and Lyocon is intended to act as the laser factory and photonics center of excellence of the NUBURU group. Under the Agreement, NUBURU intends to make, directly or through Lyocon as the designated NUBURU group entity, a staged strategic investment of up to €1.0 million in SunCubes. The contemplated investment is structured as advance payments toward a future SunCubes capital increase, consisting of an initial €250,000 advance payment upon execution of definitive agreements and an additional €750,000 advance payment following receipt of applicable Golden Power and export-control clearances. The advance payments are expected to convert into SunCubes corporate capital through a reserved capital increase, subject to the conditions set out in the definitive agreements. The planned Lyocon-led alliance is designed to create a new Laser Arm capability within the NUBURU Defense & Security Platform. The business objective is to combine Lyocon’s laser-source technologies, laser manufacturing and photonics integration capabilities with SunCubes’ beam-control, tracking, and optical power-beaming technologies Through this strategic partnership with SunCubes, Nuburu is set to introduce a multi-layered suite of laser-based innovations tailored for the drone and counter-UAV sectors. The collaboration will expand the company's non-lethal defense ecosystem by developing a lightweight, portable laser interdiction system deployable on both rifles and drone platforms, alongside a ...