NUBURU Stock Surges 78% on Orbit Acquisition, Defense Sector Pivot
The blue laser company's shares soared after announcing a deal to buy an Italian resilience software firm, expanding its new defense and security hub.
Shares of NUBURU, Inc. (BURU), a pioneer in blue laser technology, skyrocketed this week, jumping nearly 78% after the company announced a strategic move into the defense and security sector. The surge was driven by the announcement of a , an Italian software company specializing in operational resilience and crisis management.
The acquisition, valued at $12.5 million, is a cornerstone of NUBURU's strategy to build a comprehensive defense technology hub. The plan involves integrating Orbit’s Software-as-a-Service (SaaS) platform with NUBURU's high-power laser systems and the electronic warfare capabilities of its partner, Tekne S.p.A., to serve mission-critical organizations.
Investor enthusiasm for the deal sent NUBURU's stock from $0.12 to $0.34 per share. The rally was further and a new $6.6 million government contract in Bangladesh, secured through its partnership with Tekne. These developments underscore the company's aggressive pivot and its focus on revenue growth, which it expects to materialize in the fourth quarter.
With this acquisition, NUBURU is positioning itself to capture a significant share of the rapidly growing market for resilience and crisis management technology. The company is targeting defense organizations within the U.S., EU, and NATO, a market and growing over 10% annually. Orbit's own revenue forecasts are a key driver of the deal's value, with projections accelerating to $10.75 million by 2027 and over $19 million by 2028.
The move follows the establishment of Nuburu Defense LLC, a subsidiary that will hold exclusive global distribution rights for Orbit's platform in the defense and mission-critical infrastructure sectors. This strategic alignment aims to create a powerful new player in a high-stakes global market, combining advanced hardware with sophisticated resilience software.