Nuburu shares jump 21.88% intraday as production starts for Ukraine GRAELION program with €5–10M revenue.

Nuburu surged 21.88% intraday following the announcement that its Ukraine initiative with Tekne and Beryl has entered production, marking a transition to revenue-generating activities. The GRAELION tactical prototype’s production launch, validated by Tekne on March 17, 2026, confirms €5–10M in Phase 1 revenue and provides visibility toward a scaled €80–120M program. This execution milestone, coupled with established supply chain validation and Ukrainian military deployment alignment, signals scalable defense demand. Nuburu’s equity stake in Tekne and integration of non-kinetic subsystems further underscore strategic value. The news directly aligns with the stock’s sharp intraday rise, reflecting investor confidence in transitioning from planning to operational execution in high-margin defense markets.