Nuburu shares rise 10.24% premarket after activating global defense platform via Tekne alliance, securing 2026 revenue visibility.

Nuburu Inc. surged 10.24% in premarket trading following the announcement of a strategic partnership with Italian defense firm Tekne S.p.A., including a €13 million convertible loan, a 2.9% equity stake, and a multi-region Network Contract to execute defense and dual-use projects. The agreement, effective from January 14, 2026, provides revenue visibility starting in 2026 through programs in the Americas, NATO, MENA, APAC, and Italy, with initial projects exceeding €10 million in value. The equity stake, structured via a subordinated convertible instrument, values Tekne at $60 million, while the loan could increase Nuburu’s ownership to 27.9% upon conversion. These developments align with Nuburu’s long-term goal of acquiring a controlling interest in Tekne and signal a transition from strategic positioning to revenue-generating execution, bolstering investor confidence in its defense and security expansion.