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0.0295681063122924 0.0325581395348838 0.0468438538205982 0.0269102990033224 0.0299003322259136 0.0245847176079735 0.0146179401993356 -0.00232558139534877
Stock impact report

NUBURU Strengthens Balance Sheet, Advances Defense-Tech Acquisition Program and Revamps Blue-Laser Business

Nuburu, Inc. (BURU) 
Company Research Source: Business Wire
Executing Transformation Plan spanning Maddox Defense drones, Tekne special-mission vehicles, and Orbit critical-infrastructure software to build a unified defense-tech platform with expanding NATO traction. Blue-laser technology’ business acquisition on track. CENTENNIAL, Colo.--(BUSINESS WIRE)--NUBURU, Inc. (NYSE American: BURU) (“NUBURU” or the “Company”) continued strengthening its balance sheet during the quarter through disciplined capital deployment, selective drawdowns under its Standby Equity Purchase Agreement when beneficial, and further reduction of legacy payables. Cash on hand remains robust as NUBURU strategically allocates capital to high-value defense and security growth initiatives under its Transformation Plan.“We are executing precisely where we committed to investors — expanding a vertically integrated defense-tech platform while maintaining capital discipline and reinforcing our operational foundation,” Alessandro Zamboni, Executive Chairman and Co-Chief Execu Show less Read more
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