Welcome to our dedicated page for TWNDU news (Ticker: TWNDU), a resource for investors and traders seeking the latest updates and insights on TWNDU stock.
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Nuburu has secured a Phase II contract from AFWERX to develop a blue laser-based 3D printing solution, enhancing military capabilities. The project aims to demonstrate a revolutionary 3D printer that achieves up to 100 times faster build speeds, improved accuracy, and matches full metal density with minimal post-processing. This innovation could significantly expedite the production of critical aircraft components, reducing downtime. Nuburu is leveraging its existing expertise in metal welding to expand into the aerospace and automotive markets, focusing on high throughput and cost-effective manufacturing.
NUBURU has announced a business combination with Tailwind Acquisition Corp (TWND), aiming to become publicly traded under the ticker 'BURU'. The merger, with a pre-money valuation of approximately $350 million, is expected to generate gross proceeds of up to $334 million, enhancing NUBURU's financial strength. The company focuses on high power and brightness industrial blue laser technology, crucial for sectors like e-mobility and aerospace. With over 170 patents, NUBURU expects to leverage this partnership to expand its market presence and technological advancements.
