TLDR
- Nuburu stock jumps 14% as Tekne deal boosts defense growth hopes
- Nuburu’s Italian defense plan lifts BURU stock on revenue outlook
- BURU rallies after Nuburu details Tekne acquisition and jobs plan
- Nuburu targets Italian defense growth as BURU stock gains 14%
- Tekne deal update sends Nuburu stock higher on platform strategy
Nuburu (BURU) stock closed at $0.1680, up 14.29%, after a steady session rally. The move followed fresh details on Nuburu’s Italy-centered defense plan and Tekne acquisition strategy. The stock later eased to $0.1639 in after-hours trading, down 2.44%.
Nuburu Shares Rise After Italian Defense Plan Update
Nuburu presented its Defense Italian plan after submitting a Golden Power notification for its Tekne transaction. The company plans to acquire a controlling 70% stake in Tekne S.p.A. Therefore, the update gave the market more detail on the planned defense platform.
The plan centers on defense, security, electronic warfare, photonics, special vehicles, and software-orchestrated systems. Nuburu wants to combine these assets into one Italian platform. It also aims to protect Italian intellectual property and expand local industrial capacity.
Nuburu said the Italian plan represents about $336.3 million in projected gross revenue from 2026 to 2029. The company projects $13.1 million in 2026 and $74.4 million in 2027. It also projects $105.7 million in 2028 and $143.1 million in 2029.
Tekne Deal Adds Scale To Defense Strategy
Tekne gives Nuburu an Italian industrial base with electronic warfare and defense mobility capabilities. Meanwhile, Lyocon adds photonics and blue-laser engineering capacity. Orbit adds software, workflow, and evidence tools for scalable defense applications.
The company said its software layer will connect hardware, sensors, vehicles, and mission nodes. It also plans to support data validation, human authorization, reporting and customer workflows. As a result, Nuburu aims to create repeatable defense and security packages.
The platform will not replace classified tactical command or fire-control systems. Instead, Nuburu expects it to support integration, resilience, governance, and audit functions. These capabilities remain subject to customer needs, cybersecurity rules, export controls, and approvals.
Nuburu Outlines Jobs, CapEx And Working-Capital Support
The Italian plan includes about EUR15.5 million in CapEx from 2026 through 2030. Nuburu links most spending to the Ortona industrial and technology footprint. The plan also targets about 372 net direct jobs in Italy by 2030.
Nuburu expects the plan to support an estimated 500 to 650 induced jobs in Abruzzo. It also plans to preserve Tekne’s footprint across Poggiofiorito, Ortona, and Guastalla. Therefore, the strategy combines industrial expansion with national-interest commitments.
Nuburu also provided an extra EUR1.0 million to Tekne for working capital and production continuity. This comes after an earlier EUR1.0 million advance under the share purchase agreement. The company said the funding supports orders tied to the existing network-contract cooperation framework.
Transaction Structure Supports Majority Control
The signed agreement sets a path for Nuburu to acquire majority ownership and control of Tekne. The deal uses a fixed EUR52 million pre-money valuation for Tekne. It also includes equity conversion, cash investment, share purchases, and a revenue-based earn-out.
The structure includes a capital increase of up to EUR29.692 million. It also includes a EUR5.2 million share purchase from Tekne’s historical shareholders. After completion, Nuburu expects to hold 70% of Tekne through a possible Italian acquisition vehicle.
The earn-out equals 5% of Tekne annual revenues from fiscal 2027 through 2036. However, the payment remains capped at EUR29.692 million under the agreement. The transaction still depends on closing steps, Golden Power authorization, and other regulatory conditions.
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