CENTENNIAL, Colo., April 22, 2025--(BUSINESS WIRE)--NUBURU, Inc. (NYSE American: BURU), a pioneering leader in high-power blue laser technology, announces a transformative strategic update underscoring its commitment to advancing into high-growth markets and is pleased to announce the company has secured funding partners to address up to approx. $3.4 million in accounts payables left from previous management, enabling NUBURU to eliminate past debts and enhance its financial flexibility.
This pivotal announcement comes on the heels of NUBURU's previous strategic investment in Supply@ME Capital Plc, a $5.15 million on-demand convertible funding commitment, which further positions the company to pivot towards a capital-light, sustainable growth approach through innovative fintech solutions. The integration of SYME’s financial platform will provide liquidity and empower NUBURU to maintain competitive inventory levels as it braces for exciting growth in the defense and security sectors.
"We are excited to share these strategic updates with our shareholders and underscore our focus on creating significant value through our dual business lines," said Alessandro Zamboni, Executive Chairman of NUBURU. "This material progress on settling our past liabilities, combined with our strategic investments and acquisitions in cutting-edge defense and security technologies, cements NUBURU’s position as a leader in high-demand markets.
"The next final step will comprise the settlement of the last residual Company liabilities. In this regard, we are working on a solution, in the interests of our shareholders, in order to manage the redemption obligations of the Company with respect to the outstanding Series A Preferred Stock."
As part of the company’s aggressive growth strategy, NUBURU is on track to finalize the acquisition of a Defense & Security Hub. This hub will focus on delivering cutting-edge products tailored for defense applications, also by leveraging the Company’s blue laser know-how, while extending robust security solutions through a software-as-a-service (SaaS) model, addressing critical regulatory requirements in sectors demanding operational resilience.
These anticipated acquisitions are projected to contribute over $50 million in revenue during 2025, contingent upon regulatory and shareholder approvals. NUBURU's pioneering efforts in blue laser technology and its expansion into sophisticated applications demonstrate the company’s adaptive strategies and commitment to diversification within the manufacturing and high-tech sectors.
About NUBURU
NUBURU, Inc. was founded in 2015 as a developer and manufacturer of industrial blue laser technology that is transforming the speed and quality of laser-based manufacturing. Under its new management team led by Executive Chairman Alessandro Zamboni, NUBURU is executing a comprehensive growth and diversification strategy, expanding into complementary domains such as defense-tech, security, and operational resilience solutions. NUBURU is leveraging strategic partnerships and acquisitions to accelerate growth in high-value sectors. For more information, visit www.nuburu.net.
Forward-Looking Statements
This press release contains certain "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact contained in this press release may be forward-looking statements. Some of these forward-looking statements can be identified by the use of forward-looking words, including "may," "should," "expect," "intend," "will," "estimate," "anticipate," "believe," "predict," "plan," "seek," "targets," "projects," "could," "would," "continue," "forecast" or the negatives of these terms or variations of them or similar expressions. All forward-looking statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. All forward-looking statements are based upon estimates, forecasts, and assumptions that, while considered reasonable by the Company and its management, are inherently uncertain. Many factors may cause the Company's actual results to differ materially from current expectations, including but are not limited to: (1) the ability to meet security exchange listing standards; (2) the impact of the loss of the Company’s patent portfolio through the previously announced foreclosure; (3) failure to achieve expectations regarding business development and the Company’s acquisition strategy; (4) the inability to access sufficient capital to operate; (5) the inability to recognize the anticipated benefits of the initial business combination and the current transaction, which may be affected by, among other things, competition, the ability of the Company to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (6) changes in applicable laws or regulations; (7) adverse impacts of general economic, business, and competitive factors; (8) volatility in the financial system and markets caused by geopolitical and economic factors; and (9) other risks and uncertainties set forth in the sections entitled "Risk Factors" and "Cautionary Note Regarding Forward-Looking Statements" in the Company’s most recent periodic report on Form 10-K or Form 10-Q and other documents filed with the SEC from time to time. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. The Company does not give any assurance that it will achieve its expected results. The Company assumes no obligation to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise, except as otherwise required by applicable law.
