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 (BURU) delivers cutting-edge blue laser solutions for industrial manufacturing, transforming metal processing through high-speed, precision welding and additive manufacturing capabilities. This dedicated news hub provides investors and industry professionals with essential updates on the company's technological advancements and market position.
Access real-time updates including earnings reports, product launches, and strategic partnerships. Our curated collection features official press releases and verified news articles about BURU's innovations in laser physics, industrial applications, and emerging manufacturing techniques.
Key coverage areas include new product developments, industry partnerships, and manufacturing milestones across sectors such as e-mobility and medical device production. Stay informed about BURU's progress in high-brightness laser systems and their impact on copper welding efficiency.
Bookmark this page for streamlined access to Nuburu's latest corporate announcements and technical breakthroughs. Check regularly for authoritative updates on how blue laser technology continues to redefine precision manufacturing standards.
NUBURU, a leader in industrial blue laser technology, has announced plans to appeal the NYSE's decision to delist its common stock. The NYSE cited that the company's stock is no longer suitable for listing as its bid price fell below $0.10, in accordance with Section 1003(f)(v) of the NYSE American Company Guide. Effective June 14, 2024, FINRA has assigned the symbol “BURU” for NUBURU's stock to be traded in the over-the-counter (OTC) market. CEO Brian Knaley emphasized the company's ongoing efforts to reduce debt, raise capital, secure new orders, and receive industry recognitions despite the delisting notice. NUBURU remains committed to strengthening relationships with shareholders, financing partners, employees, customers, and vendors to enhance its business plan and increase shareholder value.
NUBURU, a leader in high-power blue laser technology, shared a letter from CEO Brian Knaley outlining strategic realignments and growth milestones. The company has increased orders, reduced debt by 25%, and plans a 1-for-40 reverse stock split effective June 24, 2024, to maintain NYSE listing and appeal to institutional investors. NUBURU holds over 220 patents and continues to innovate with products like the AO-650 and BL series lasers. The company is focused on reducing carbon emissions and improving manufacturing efficiency. Future plans include expanding their workforce and investing in R&D to maintain industry leadership and open new markets.
NUBURU has received a purchase order from Blueacre Technology, a European medical device manufacturer, for its BlueScan solution. The blue laser technology will be used for precision welding in medical devices, leveraging its ability to work with various metals and reduce heat damage. This move expands NUBURU's market focus beyond electric vehicles to include medical devices, a sector worth $6 billion. The order follows NUBURU's Phase II contract with NASA to advance blue laser power transmission technology for space applications.
NUBURU, Inc. announced a $850,000 Phase II contract with NASA to advance blue laser power transmission technology, aiming to reduce the size and weight of equipment for Lunar and Martian applications. The technology provides a unique solution to power beaming, aligning with NASA's Artemis program goals. NUBURU aims to scale up the power and range of the blue laser technology in this program, potentially revolutionizing power management in space and commercial sectors.
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