BURU News & Events

Nuburu announced "highly encouraging" initial results from a laser dazzler counter-UAS test campaign conducted at Tekne facilities in Italy. The campaign, performed by Nuburu Group and Tekne technical teams, generated measured evidence supporting the integration of Nuburu's laser technology into Tekne tactical systems and future Nuburu Defense Italy mission packages under the Nuburu Defense Italian Plan, subject to required authorizations, product qualification, safety review, customer requirements and export-control constraints. The objective of the campaign was to assess the effectiveness of Nuburu's laser dazzling technology against electro-optical drone sensors. Tekne engineers and technical specialists measured sensor saturation and optical disruption across multiple operational configurations, with the goal of translating the data into product architecture, configuration and test-roadmap decisions.

In a letter to shareholders, CEO Alessandro Zamboni said, in part, "One year ago, this was a company with a narrow operating profile and no quarterly revenue. Today it is an integrated Defense & Security platform that generates revenue, carries positive equity, and stands on a real industrial and commercial foundation. That is not a promise about the future - it is what the numbers already show. Measure us against ourselves. At December 31, 2024, NUBURU reported approximately $7M of total assets and approximately $0.15M of revenue for full-year 2024. At March 31, 2025, that stood at approximately $1.3M of total assets and no quarterly revenue. One year later, at March 31, NUBURU reported approximately $76.1M of total assets, approximately $407,644 of first-quarter revenue, and positive stockholders' equity of approximately $2.2M. That asset base reflects the consolidation of revenue-generating operating businesses into the platform - the real weight of what we have assembled. In twelve months, we rebuilt this Company. On the listing question, our progress is just as clear. On June 29, we disclosed that, based on preliminary, unaudited data as of May 31, we expect stockholders' equity to materially exceed the $4.M threshold applicable under NYSE American's continued-listing standards for companies with a history of losses. That revenue comes from operating businesses inside the platform. Lyocon is our photonics and laser factory. Orbit is our software layer - command, validation, evidence, and operational resilience. Each creates commercial value on its own; together they are the engine of the integrated strategy. And that engine is turning. In April 2026, we disclosed a combined commercial pipeline of more than approximately $6M across our software and directed-energy verticals - approximately $2.5M at Lyocon and approximately $3.9M at Orbit. In June, Orbit secured approximately $240,000 in cumulative customer orders from a Tier-One national telecommunications infrastructure operator, with approximately $825,000 of additional commercial-offer visibility. We updated the market on Lyocon's LaserTech activity, including approximately $2.39M of quotations under evaluation - among them an approximately $2.2M rover quotation. These are commercial pipeline and customer orders, not yet recognized GAAP revenue - and the commercial trajectory at both Lyocon and Orbit is unmistakable. Make no mistake about what NUBURU is. We are not a passive holding company, and we are not a collection of disconnected subsidiaries. We are building a software-orchestrated, hardware-enabled Defense & Security platform. Lyocon delivers multi-domain photonics and directed-energy. Orbit delivers the software and evidence layer. And once Tekne is fully completed, it brings Italian industrial scale, special vehicles, EW/CEMA capability, and established customer and program relationships. Two further pillars extend the platform. Through our U.S. joint venture based in Houston - Texas- executed between Maddox Defense Incorporated and NUBURU Defense, we are building a modular, containerized, mobile additive-manufacturing capability to produce drone components, mission-critical structural parts, and field-sustainment hardware for U.S. defense and allied markets. And through the binding head of terms we signed with SunCubes, led by Lyocon, we are opening new laser-based solutions for the platform: a staged alliance of up to EUR 1M targeting directed-energy and counter-UAS applications, with a first project already defined - a blue-laser power-beam solution for submarine and underwater environments for integration into SunCubes' DEEP LIGHT underwater wireless-power platform. One architecture. One commercial interface. One brand. Tekne is our pivotal scaling catalyst, and the process to complete it is underway. We filed the Golden Power notification in June for the 70% acquisition, and we expect the review to conclude in the first week of August 2026. It is backed by a credible institutional framework, including senior strategic advisers Gen. Pietro Serino, former Chief of Staff of the Italian Army, and Prof. Carlo Alberto Carnevale Maffe of SDA Bocconi. So I ask you to judge us on the record and on the milestones directly ahead: pipeline converting into contractual orders and recognized revenue; Orbit's expanding order book and integration; the outcome of Lyocon's LaserTech quotations; the Golden Power decision on Tekne; and completion of Orbit's path to full ownership."

NUBURU announced that, based on preliminary, unaudited accounting data as of May 31, the Company expects its stockholders' equity to materially exceed the $4M stockholders' equity requirement applicable under the NYSE American continued-listing rules for companies with a history of losses. As previously announced, on May 12, NUBURU received a notice from NYSE American that it was not in compliance with Section 1003(a)(ii) of the NYSE American Company Guide, which requires stockholders' equity of at least $4M for a company with a history of losses. NYSE American did not require a new compliance plan, and NUBURU continues to operate under its previously announced plan through October 29. Based on its preliminary May 31 review, NUBURU believes its stockholders' equity materially exceeds the applicable NYSE American requirement. However, NUBURU has not yet received notice from NYSE American that it has regained compliance. The Company's securities remain subject to the existing compliance plan and the '.BC' designation, and the determination of compliance rests solely with NYSE American following its review of the Company's final financial information and continued progress under the plan.

NUBURU provided an update on the commercial pipeline of its photonics and laser activities, centered on Lyocon and supported by the Company's strategic collaboration with SunCubes. Management believes the commercial activity reflected in the current tracker demonstrates growing market adoption of NUBURU's blue-laser technologies and supports continued execution of the Company's Defense & Security platform strategy. Within NUBURU's platform-based operating model, Lyocon is being positioned as the NUBURU Defense & Security Platform Photonics & Laser Factory: the industrial and engineering base for laser-source design, optics, electronics, module assembly, integration, testing and industrialization across industrial and autonomous-systems applications. The model is intended to allow each operating factory to generate standalone products and revenue while also contributing reusable modules to integrated, customer-specific mission packages, subject to applicable laws and regulations. The June 30, 2026 commercial tracker for the LaserTech Business Line, reflecting Lyocon-originated commercial activity, includes an approximately $2.2M customer quotation under evaluation for a next-generation integrated blue-laser platform for autonomous terrestrial rovers. The quotation is not a signed order, contract, backlog or recognized revenue and remains subject to final customer approval, technical and commercial agreement, delivery scheduling and applicable regulatory requirements. If awarded, the tracker assumes that the opportunity would be staged between the fourth quarter of 2026 and the first quarter of 2027.