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0.00546875000000005 0.00429687499999996 0.209375 0.16015625 0.501171875 0.0742187499999998 0.42421875 0.445703125
Stock impact report

NUBURU Announces Strategic Alliance with Maddox Defense for Controlling-Interest JV to Advance Next-Gen Drone Technologies

Nuburu, Inc. (BURU) 
Company Research Source: Business Wire
Targeting a multi-billion-dollar market opportunity in defense and commercial drone systems, with projected annual revenue approaching $100 million by 2028, leveraging battlefield-proven expertise and export-compliant innovation. CENTENNIAL, Colo.--(BUSINESS WIRE)--NUBURU, Inc. (NYSE American: BURU) (“NUBURU” or the “Company”), a global pioneer in high-performance blue-laser technology, today announced that it has entered into a Strategic Framework Agreement with Nuburu Defense LLC and Maddox Defense Incorporated to establish a joint-venture company (the “JV Company”).Controlled by Nuburu Defense, the JV Company will focus on the compliant development, manufacturing, and deployment of advanced drone systems for both military and commercial applications.Strategic ObjectivesThe JV Company will design, manufacture, and deploy adaptable military drones for NATO and allied customers, leveraging the combined technical and operational expertise of Nuburu Defense and Maddox Defense Incorpo Show less Read more
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