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FAQ: NUBURU's $23.25 Million Financing for Defense and Security Platform Strategy
TL;DR
NUBURU's $23.25 million financing strengthens its capital position to build a vertically integrated defense platform, offering competitive advantage in high-value government and enterprise markets.
NUBURU secured $23.25 million through a securities purchase agreement with YA II PN, Ltd., exchanging funds for a $25.0 million unsecured debenture and associated warrant packages.
NUBURU's expansion into defense-tech and security supports critical infrastructure resilience, potentially enhancing national security and public safety through advanced laser and photonics systems.
NUBURU, founded in 2015, is transforming from an industrial blue laser developer into a defense-tech innovator targeting UAV platforms and mission-critical software.
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NUBURU, Inc. has entered into a securities purchase agreement with YA II PN, Ltd. for $23.25 million in gross proceeds, receiving a $25.0 million unsecured debenture and associated warrant packages to fund its transformation into a Defense and Security platform.
The financing strengthens NUBURU's capital position and supports the execution of its previously outlined transformation into a vertically integrated Defense and Security platform, enabling advancement of acquisition and integration initiatives across multiple defense technology areas.
The funds will support NUBURU's transformation into a vertically integrated Defense and Security platform, including advancing acquisition and integration initiatives across defense-grade laser and photonics systems, mission-critical software, advanced UAV platforms, and specialized defense mobility solutions.
YA II PN, Ltd. is providing the $23.25 million in gross proceeds to NUBURU through a securities purchase agreement.
Under Executive Chairman and Co-CEO Alessandro Zamboni, NUBURU is expanding into complementary sectors including defense-tech, security, and critical infrastructure resilience, leveraging internal innovation and strategic acquisitions to build its Defense & Security Hub.
NUBURU is targeting defense-grade laser and photonics systems, mission-critical software, advanced UAV platforms, and specialized defense mobility solutions as part of its vertically integrated Defense and Security platform strategy.
For more information about NUBURU, visit www.nuburu.net.
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Yes, the financing is subject to customary closing conditions as mentioned in the content.
Curated from InvestorBrandNetwork (IBN)
