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NUBURU Secures Initial Stake in Tekne Acquisition, Launches US JV for Defense Contracts
ByAinvest
Thursday, Aug 21, 2025 8:55 am ET1min read
NUBURU announces the execution of the first milestone under the phased acquisition plan for Tekne S.p.A., securing an initial equity stake and launching a U.S.-based defense joint venture. The joint venture will deliver a $7.5 million backlog of Tekne special vehicle contracts and integrate Tekne's licenses with NUBURU's blue-laser platform to create proprietary IP for allied markets. NUBURU has also engaged a strategic consultant with extensive experience in defense and security to bolster execution.
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