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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.
Orion (OEC) shares sank 16% amid heavy trading a day after the company lowered its fiscal 2025 guida
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
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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