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Nuburu, Inc. - BURU STOCK NEWS

Welcome to our dedicated page for Nuburu news (Ticker: BURU), a resource for investors and traders seeking the latest updates and insights on Nuburu stock.

Nuburu, Inc. (symbol: BURU) stands at the forefront of high-speed and high-quality metal machining and processing, leveraging an innovative class of high-power, high-performance blue lasers. Known for its pioneering blue laser technology, Nuburu provides two distinct laser solutions: the standard ao™ laser and the high-brightness misaki™ laser. These cutting-edge tools bring extraordinary advancements in speed and quality to traditional metal processes, while also paving the way for new designs in both conventional laser-metal machining and additive manufacturing (3D printing).

Nuburu's blue lasers offer spatter-free copper welding, opening up many new applications that were previously unattainable with infrared lasers. As a prominent innovator, Nuburu targets a variety of markets including e-mobility, healthcare, and consumer electronics. Their technology supports a wide array of high-value applications such as welding and 3D printing. The company is actively shipping blue laser systems for crucial applications, including electric vehicle (EV) batteries, large screen displays, and cell phone components.

By consistently delivering high-performance and reliable laser solutions, Nuburu is not only transforming existing industrial processes but also unlocking new possibilities in manufacturing and design. Their recent achievements and ongoing projects underscore their commitment to technological innovation and market leadership.

News

NUBURU Announces a $3 Million Dollar Capital Infusion by Strategic Investors and New Customer Orders

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NUBURU, Inc. (BURU) secures a $3 million investment in common stock from strategic investors, along with new purchase orders from customers in emerging markets. CEO Brian Knaley anticipates the investment to expedite revenue generation and enhance market presence.
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NUBURU Announces Evaluation of Strategic Alternatives

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NUBURU, Inc. has engaged Northland Capital Markets as its financial advisor to evaluate strategic alternatives, including sale, merger, divestiture, recapitalization, going private transaction, additional financing, and other significant transactions. The company has not set a timetable for the conclusion of its evaluation and has not made any decisions related to strategic alternatives at this time. There is no assurance that this evaluation will result in any definitive documentation to consummate transactions, or that the terms of any such transactions will be favorable. The company does not expect to comment further on this evaluation unless it has approved a specific course of action or has concluded that further disclosure is appropriate or legally required.
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NUBURU Announces Notice of Noncompliance with NYSE American Listing Standards

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NUBURU, Inc. (BURU) received a deficiency letter from the NYSE American indicating non-compliance with listing standards due to low share price, requiring sustained improvement by June 28, 2024. The company may consider a reverse stock split to regain compliance.
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NUBURU Expands Automotive Manufacturing Offering with Wire Welding Solutions, Enabling High Yield Needed for Mass Production

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NUBURU, Inc. (BURU) Receives Purchase Order for BlueScan Solution, Replacing Traditional Arc Welding with Next-Gen Blue Laser Wire Welding
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NUBURU Awarded Purchase Order from Major Multinational Electronics Manufacturer

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NUBURU, Inc. (NYSE American: BURU) has been awarded a purchase order from a multinational electronics manufacturer to supply a BL-250 for next-generation 3C device manufacturing. The company's blue laser technology will be utilized to demonstrate the integration of laser welding capabilities as an alternative to conventional soldering techniques, aiming to increase scalability, durability, and sustainability in manufacturing. CEO Brian Knaley expressed excitement for the market adoption of their BL product line, addressing the increasing demand for innovative capabilities and green manufacturing alternatives.
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NUBURU Announces $5.5 Million Bridge Financing

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NUBURU, Inc. (NYSE American: BURU) has secured a $5.5 million bridge loan from existing and new investors to finance the company until it secures long-term credit financing. The loan is secured by the company's patent portfolio, preliminarily valued at $100 million. The company also plans to issue warrants and register the common stock underlying the warrants by February 1, 2024.
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NUBURU, Inc. Announces Third Quarter 2023 Results and Operational Updates

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BURU - NUBURU, Inc. Announces Successful Completion of U.S. Air Force Contract and Purchase Order from Major Multinational Electronics Manufacturer, Appoints New CEO and Executive Chairman, and Revises 2023 Financial Outlook
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NUBURU Successfully Completes Contract Awarded by U.S. Air Force

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NYSE American: BURU - NUBURU, Inc. announces successful demonstration of blue laser-based 3D printing solutions with area printing technology, marking a milestone in the development of scalable manufacturing systems. Supported by GE Additive, the company also signed a joint development agreement to accelerate print engine technology for improved speed and accuracy in laser-based additive manufacturing.
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NUBURU Appoints Brian Knaley as new CEO

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NUBURU, Inc. has announced the appointment of Brian Knaley as the new Chief Executive Officer, replacing Dr. Mark Zediker. Knaley, who previously served as the Company's Chief Financial Officer, brings over 25 years of experience in finance and operations. The Board is confident that Knaley's expertise will support the Company's transformation and drive its next phase of growth.
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NUBURU, Inc. Announces Date for Third Quarter 2023 Earnings Release and Conference Call

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NUBURU, Inc. will host a conference call on November 9, 2023, to discuss its Q3 results. A press release will be issued on the same day. Webcast and call details provided.
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FAQ

What is the current stock price of Nuburu (BURU)?

The current stock price of Nuburu (BURU) is $0.479 as of December 20, 2024.

What is the market cap of Nuburu (BURU)?

The market cap of Nuburu (BURU) is approximately 8.2M.

What does Nuburu, Inc. specialize in?

Nuburu, Inc. specializes in high-power, high-performance blue laser technology for metal machining and processing.

What are the main products offered by Nuburu?

Nuburu offers the ao™ laser and the high-brightness misaki™ laser.

Which markets does Nuburu target?

Nuburu targets markets including e-mobility, healthcare, and consumer electronics.

What applications can Nuburu’s blue lasers be used for?

Nuburu’s blue lasers are used for applications like welding and 3D printing.

What are some of Nuburu’s latest achievements?

Nuburu is shipping blue laser systems for EV batteries, large screen displays, and cell phone components.

How do Nuburu’s blue lasers outperform infrared lasers?

Nuburu’s blue lasers enable spatter-free copper welding, achieving higher speed and quality than infrared lasers.

What makes Nuburu’s technology unique?

Nuburu’s technology offers radical gains in existing metal processes and enables new designs in laser-metal machining and additive manufacturing.

How does Nuburu contribute to the e-mobility market?

Nuburu contributes by providing blue laser systems for the production of electric vehicle batteries.

What sets the ao™ laser apart from the misaki™ laser?

The ao™ laser is Nuburu’s standard option, while the misaki™ laser offers high-brightness capabilities for more specialized applications.

What industries benefit from Nuburu's blue laser technology?

Industries such as manufacturing, healthcare, consumer electronics, and e-mobility benefit from Nuburu's blue laser technology.

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Nuburu, Inc.

NYSE:BURU

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BURU Stock Data

8.24M
19.21M
3.23%
0.58%
8.03%
Specialty Industrial Machinery
Miscellaneous Electrical Machinery, Equipment & Supplies
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