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NUBURU Advances Tekne Acquisition as Adjusted Active Order Value Reaches $135.4 Million
InvestorsHub23d agoneutral
NUBURU Advances Tekne Acquisition as Adjusted Active Order Value Reaches $135.4 Million

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.

Nuburu announces initial stake in Tekne, U.S. joint venture launch
TipRanks398d agoneutral
Nuburu announces initial stake in Tekne, U.S. joint venture launch

Nuburu (BURU) announced the successful execution of the first milestone under the phased acquisition plan for Tekne established following formal notice received from the Italian government under the “Golden Power” framework. Through its new subsidiary, Nuburu Defense, the company secured an initial equity stake equal to the maximum interest permitted under current Golden Power regulatory thresholds and agreed to an action plan that, by utilizing the Luxembourg investment vehicle TCEI, will pave