Nuburu shares surge 16.39% intraday as Ukraine defense project enters production phase with €80–120M revenue targets.

Nuburu surged 16.39% intraday following the announcement that its Ukraine defense project has entered the production phase, with the GRAELION tactical prototype transitioning from strategic agreements to industrial execution. The move, part of a strategic pivot to the defense sector, includes phased revenue targets of €5–10 million initially and up to €80–120 million long-term, validating Nuburu’s transformation into a dual-use defense platform. Shareholder approval for flexible financing further supported the shift, enabling capital deployment for growth while aligning with long-term value creation goals. The production validation, coupled with successful prototype trials and joint ventures like the Maddox Defense partnership, reinforced investor confidence in the company’s ability to monetize its technology and expand in high-margin defense markets.