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The proposed 70% Tekne acquisition is now expected to close in the first half of October as NUBURU moves from assembling its Defense & Security platform toward integrating its operating capabilities. Key Investor TakeawaysNUBURU (USOTC:BURU) expects its proposed acquisition of a 70% controlling interest in Tekne to close during the first half of October 2026.
On May 22, Nuburu, Inc. (NYSEAMERICAN:BURU) announced its plan to acquire Tekne S.p.A. to advance its defense-related technologies. The company noted the acquisition is anticipated to immediately enhance Nuburu, Inc.’s (NYSEAMERICAN:BURU) revenue streams to $50 million. The company plans to integrate its proprietary blue laser technology with TEKNE’s advanced defense solutions, to deliver tailored products […]
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