STOCK TITAN

Reimagining Sustainability: Lasers4NetZero and NUBURU Lead Innovation in Industrial Laser Technology

Rhea-AI Impact
(No impact)
Rhea-AI Sentiment
(Positive)
Tags

NUBURU (NYSE American: BURU), a leader in industrial blue laser technology, has partnered with Lasers4NetZero for a 42-month program aimed at advancing sustainable practices in e-vehicle manufacturing. The collaboration focuses on training doctoral candidates in laser material processing, AI for quality control, process simulation, and sustainability analysis.

NUBURU will provide Blue Lasers to the WMG facility at the University of Warwick, building on their previous success. The initiative aims to reduce CO2 emissions in transportation by enhancing efficiency and product quality through advanced laser technologies and scanning optics.

The global industrial laser systems market, valued at $19.64 billion in 2022, is projected to reach $40.4 billion by 2032. The Industrial Lasers Market is expected to grow from $6.06 billion in 2024 to $7.76 billion by 2029, with a 5.10% CAGR. This partnership positions NUBURU to capitalize on the growing market while driving sustainable technology advancements.

NUBURU (NYSE American: BURU), un leader nella tecnologia dei laser blu industriali, ha stretto una partnership con Lasers4NetZero per un programma di 42 mesi volto a promuovere pratiche sostenibili nella produzione di veicoli elettrici. La collaborazione si concentra sulla formazione di dottorandi nel trattamento dei materiali con laser, intelligenza artificiale per il controllo qualità, simulazione dei processi e analisi della sostenibilità.

NUBURU fornirà laser blu alla struttura WMG presso l'Università di Warwick, costruendo sul loro successo precedente. L'iniziativa mira a ridurre le emissioni di CO2 nei trasporti migliorando l'efficienza e la qualità del prodotto attraverso tecnologie laser avanzate e ottiche di scansione.

Il mercato globale dei sistemi laser industriali, valutato a 19,64 miliardi di dollari nel 2022, è previsto raggiungere i 40,4 miliardi di dollari entro il 2032. Si prevede che il mercato dei laser industriali cresca da 6,06 miliardi di dollari nel 2024 a 7,76 miliardi di dollari entro il 2029, con un CAGR del 5,10%. Questa partnership posiziona NUBURU per capitalizzare sul mercato in crescita mentre promuove avanzamenti tecnologici sostenibili.

NUBURU (NYSE American: BURU), un líder en tecnología de láser azul industrial, se ha asociado con Lasers4NetZero para un programa de 42 meses enfocado en avanzar en prácticas sostenibles en la fabricación de vehículos eléctricos. La colaboración se centra en capacitar a candidatos a doctorado en el procesamiento de materiales con láser, inteligencia artificial para el control de calidad, simulación de procesos y análisis de sostenibilidad.

NUBURU proporcionará láseres azules a la instalación de WMG en la Universidad de Warwick, basándose en su éxito previo. La iniciativa tiene como objetivo reducir las emisiones de CO2 en el transporte mejorando la eficiencia y la calidad del producto a través de tecnologías láser avanzadas y ópticas de escaneo.

El mercado global de sistemas láser industriales, valorado en 19.64 mil millones de dólares en 2022, se proyecta que alcanzará los 40.4 mil millones de dólares para 2032. Se espera que el mercado de láseres industriales crezca de 6.06 mil millones de dólares en 2024 a 7.76 mil millones de dólares para 2029, con una tasa de crecimiento anual compuesta (CAGR) del 5.10%. Esta asociación posiciona a NUBURU para capitalizar el mercado en crecimiento mientras impulsa avances tecnológicos sostenibles.

NUBURU (NYSE American: BURU), 산업용 블루 레이저 기술의 선두주자가 Lasers4NetZero와 협력하여 전기차 제조에 지속 가능한 관행을 증진하기 위한 42개월 프로그램을 시작했습니다. 이 협력은 레이저 재료 가공, 품질 관리를 위한 AI, 프로세스 시뮬레이션 및 지속 가능성 분석 분야의 박사 과정 후보자를 훈련시키는 데 중점을 둡니다.

NUBURU는 Warwick 대학교의 WMG 시설에 블루 레이저를 제공하여 이전의 성공을 바탕으로 합니다. 이 이니셔티브는 고급 레이저 기술과 스캐닝 옵틱스를 통해 효율성과 제품 품질을 향상시킴으로써 운송 부문의 CO2 배출량을 줄이는 것을 목표로 합니다.

글로벌 산업용 레이저 시스템 시장은 2022년 196억 4천만 달러로 평가되었으며, 2032년까지 404억 달러에 이를 것으로 예상됩니다. 산업용 레이저 시장은 2024년 60억 6천만 달러에서 2029년에는 77억 6천만 달러로 성장할 것이며, 연평균 성장률(CAGR)은 5.10%에 이를 것으로 예상됩니다. 이 파트너십은 NUBURU가 증가하는 시장에서 수익을 올리면서 지속 가능한 기술 발전을 촉진할 수 있도록 합니다.

NUBURU (NYSE American: BURU), un leader dans la technologie des lasers bleus industriels, s’est associé à Lasers4NetZero pour un programme de 42 mois visant à promouvoir des pratiques durables dans la fabrication de véhicules électriques. La collaboration se concentre sur la formation de doctorants en traitement de matériaux au laser, intelligence artificielle pour le contrôle de qualité, simulation de processus et analyse de durabilité.

NUBURU fournira des lasers bleus à l'installation WMG de l'Université de Warwick, s'appuyant sur leurs succès antérieurs. L'initiative vise à réduire les émissions de CO2 dans le secteur des transports en améliorant l'efficacité et la qualité des produits grâce à des technologies laser avancées et des optiques de scan.

Le marché mondial des systèmes laser industriels, évalué à 19,64 milliards de dollars en 2022, devrait atteindre 40,4 milliards de dollars d'ici 2032. On s'attend à ce que le marché des lasers industriels passe de 6,06 milliards de dollars en 2024 à 7,76 milliards de dollars en 2029, avec un taux de croissance annuel composé (CAGR) de 5,10%. Ce partenariat positionne NUBURU pour tirer parti de la croissance du marché tout en favorisant les avancées technologiques durables.

NUBURU (NYSE American: BURU), ein führendes Unternehmen in der industriellen blauen Lasertechnologie, hat sich mit Lasers4NetZero zu einem 42-monatigen Programm zusammengetan, das darauf abzielt, nachhaltige Praktiken in der Herstellung von Elektrofahrzeugen voranzutreiben. Die Zusammenarbeit konzentriert sich auf die Ausbildung von Doktoranden in der Laser-Materialbearbeitung, KI für die Qualitätskontrolle, Prozesssimulation und Nachhaltigkeitsanalysen.

NUBURU wird blaue Laser an die WMG-Einrichtung der Universität Warwick bereitstellen und dabei auf ihren bisherigen Erfolgen aufbauen. Die Initiative zielt darauf ab, die CO2-Emissionen im Transportwesen zu reduzieren, indem sie die Effizienz und Produktqualität durch fortschrittliche Lasertechnologien und Scanning-Optiken verbessert.

Der globale Markt für industrielle Lasersysteme, der 2022 mit 19,64 Milliarden US-Dollar bewertet wurde, wird bis 2032 voraussichtlich 40,4 Milliarden US-Dollar erreichen. Der Markt für industrielle Laser wird von 6,06 Milliarden US-Dollar im Jahr 2024 auf 7,76 Milliarden US-Dollar im Jahr 2029 wachsen, mit einer durchschnittlichen jährlichen Wachstumsrate (CAGR) von 5,10%. Diese Partnerschaft positioniert NUBURU, um von dem wachsenden Markt zu profitieren und gleichzeitig nachhaltige Technologieentwicklungen voranzutreiben.

Positive
  • None.
Negative
  • None.

Driving Growth and Environmental Impact in the Evolving Landscape of Sustainable Technology

CENTENNIAL, Colo.--(BUSINESS WIRE)-- NUBURU, Inc. ("NUBURU" or the "Company") (NYSE American: BURU) a leading innovator in high-power and high-brightness industrial blue laser technology, is excited to announce a strategic collaboration with NUBURU and Lasers4NetZero, a visionary initiative dedicated to advancing sustainable practices.

Lasers4NetZero has entered into this partnership with NUBURU for the implementation of their transformative 42-month program, the Project Advisory Group of Lasers for Accelerated Net-zero Transition. This partnership signifies a significant step towards accelerating the adoption of environmentally conscious technologies.

The innovative training program initiated by Lasers4NetZero aims to cultivate a new generation of forward-thinking doctoral candidates specializing in laser material processing, artificial intelligence for quality control, advanced process simulation, and sustainability analysis for e-vehicles manufacturing. NUBURU's provision of Blue Lasers at the esteemed "WMG" facility at the University of Warwick underscores their commitment to driving technological innovation and sustainability in key industries.

Brian Knaley, CEO of NUBURU, emphasized, "Our collaboration with Lasers4NetZero represents a strategic alignment of our shared vision for sustainable technology advancements. Building upon our prior success with WMG and the upcoming partnership, we are poised to make significant strides in advancing laser technology for EV applications."

Acknowledging the pivotal role of artificial intelligence in driving industry transformation, NUBURU believes that they will be able to leverage insights from their recent AI partnership with NexGenAI to enhance their contributions to this innovative venture.

The Lasers4NetZero initiative has a clear mission to address the pressing need for reduced CO2 emissions in the transportation sector. By leveraging advanced laser technologies and cutting-edge scanning optics, the program aims to enhance efficiency, material utilization, and overall product quality, leading to a substantial reduction in carbon emissions in e-vehicle manufacturing.

With the global industrial laser systems market valued at $19.64 billion in 2022, estimates for the market's size in 2023 and beyond indicate significant growth potential. According to IMARC Group, the market reached $21.4 billion in 2023 and is projected to achieve a remarkable $40.4 billion by 2032. Moreover, the Industrial Lasers Market size is estimated at USD 6.06 billion in 2024, with expectations to reach USD 7.76 billion by 2029, reflecting a steady growth rate of 5.10% during the forecast period (2024-2029). Market trends and forecasts from reputable sources like IMARC Group and Mordor Intelligence underscore the evolving landscape of the industrial laser systems sector, highlighting the strategic opportunities presented by collaborations such as the alliance between Lasers4NetZero and NUBURU in driving sustainable technology advancement and industry innovation.

About NUBURU

Founded in 2015, NUBURU, Inc. (NYSE American: BURU) is a developer and manufacturer of industrial blue lasers that leverage fundamental physics and their high-brightness, high-power design to produce faster, higher quality welds and parts than current lasers can provide in laser welding and additive manufacturing of copper, gold, aluminum, and other industrially essential metals. NUBURU's industrial blue lasers produce minimal to defect-free welds up to eight times faster than the traditional approaches — all with the flexibility inherent to laser processing. For more information, please visit www.NUBURU.net.

Forward-Looking Statements

This press release contains certain "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including relating to its partnership with GE Additive. All statements other than statements of historical fact contained in this press release may be forward-looking statements. Some of these forward-looking statements can be identified by the use of forward-looking words, including "may," "should," "expect," "intend," "will," "estimate," "anticipate," "believe," "predict," "plan," "seek," "targets," "projects," "could," "would," "continue," "forecast" or the negatives of these terms or variations of them or similar expressions. Forward-looking statements in this press release include, among other things: anticipated benefits associated with laser-based additive manufacturing. All forward-looking statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. All forward-looking statements are based upon estimates, forecasts and assumptions that, while considered reasonable by NUBURU and its management, are inherently uncertain and many factors may cause the Company's actual results to differ materially from current expectations which include, but are not limited to: (1) the ability to meet security exchange listing standards and regain listed status; (2) failure to achieve expectations regarding its product development and pipeline; (3) the inability to access sufficient capital to operate as anticipated, whether from Lincoln Park Capital Fund, LLC or other sources; (4) the inability to recognize the anticipated benefits of the business combination, which may be affected by, among other things, competition, the ability of the Company to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (5) changes in applicable laws or regulations; (6) the possibility that NUBURU may be adversely affected by other economic, business and/or competitive factors; (7) volatility in the financial system and markets caused by geopolitical and economic factors; (8) failing to realize benefits from the partnership with GE Additive; and (9) other risks and uncertainties set forth in the sections entitled "Risk Factors" and "Cautionary Note Regarding Forward-Looking Statements" in NUBURU's most recent periodic report on Form 10-K or Form 10-Q and other documents filed with the Securities and Exchange Commission from time to time. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. NUBURU does not give any assurance that it will achieve its expected results. NUBURU assumes no obligation to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise, except as otherwise required by applicable law.

Investor Contact Info:

NUBURU, Inc.

ir@nuburu.net

(720) 767-1400

Source: NUBURU, Inc.

FAQ

What is the partnership between NUBURU and Lasers4NetZero?

NUBURU has partnered with Lasers4NetZero for a 42-month program called the Project Advisory Group of Lasers for Accelerated Net-zero Transition. This collaboration aims to advance sustainable practices in e-vehicle manufacturing through innovative laser technology and training.

How will NUBURU contribute to the Lasers4NetZero program?

NUBURU will provide Blue Lasers to the WMG facility at the University of Warwick. This contribution will support the training of doctoral candidates in laser material processing, AI for quality control, advanced process simulation, and sustainability analysis for e-vehicle manufacturing.

What is the projected growth of the global industrial laser systems market?

The global industrial laser systems market, valued at $19.64 billion in 2022, is expected to reach $40.4 billion by 2032. The Industrial Lasers Market is projected to grow from $6.06 billion in 2024 to $7.76 billion by 2029, with a 5.10% compound annual growth rate.

How does the Lasers4NetZero initiative aim to reduce CO2 emissions?

The Lasers4NetZero initiative aims to reduce CO2 emissions in the transportation sector by leveraging advanced laser technologies and cutting-edge scanning optics. This approach enhances efficiency, material utilization, and overall product quality in e-vehicle manufacturing, leading to a substantial reduction in carbon emissions.

What is NUBURU's stock symbol and exchange?

NUBURU's stock symbol is BURU, and it is listed on the NYSE American exchange.

Nuburu, Inc.

NYSE:BURU

BURU Rankings

BURU Latest News

BURU Stock Data

1.54M
4.22M
21.93%
2.89%
Specialty Industrial Machinery
Miscellaneous Electrical Machinery, Equipment & Supplies
Link
United States of America
CENTENNIAL