NUBURU, Inc. announced on August 7, 2025, a pivotal update on its planned acquisition of TEKNE S.p.A., following formal notice from the Italian government under the 'Golden Power' framework. NUBURU will work with TEKNE on a phased acquisition plan in compliance with the guidance.
The strategic roadmap includes three phases: Phase 1 involves an immediate minority, non-controlling stake in TEKNE to support working capital and near-term defense contracts. Phase 2, in Q4 2025, will establish a U.S.-based joint venture (80% NUBURU / 20% TEKNE) to deploy blue-laser-based defense solutions.
Phase 3 aims for the full controlling acquisition of TEKNE in Q4 2025, pending further regulatory clearance and stockholder approval. TEKNE has approximately €67.4 million of orders already committed by the Minister of Defense, underscoring its strategic importance.
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