- NUBURU (BURU, Financial) secures approximately $3.4 million to clear outstanding payables.
- Strategic acquisitions in the defense sector are projected to contribute over $50 million in revenue in 2025.
- NUBURU advances growth with a $5.15 million investment from Supply@ME Capital Plc.
NUBURU, Inc. (BURU), a leader in high-power blue laser technology, has successfully secured financial backing to address approximately $3.4 million in accounts payables. This move signifies a pivotal step for the company, as it clears past debts and enhances its financial position.
In an ambitious expansion plan, NUBURU is set to acquire a Defense & Security Hub. This strategic move is anticipated to bolster their presence in the defense sector, leveraging their blue laser technology to deliver advanced products tailored for defense applications. The anticipated acquisitions are projected to contribute over $50 million in revenue during 2025, pending regulatory and shareholder approvals.
Moreover, NUBURU's engagement with Supply@ME Capital Plc, involving a $5.15 million on-demand convertible funding commitment, supports their shift towards a capital-light growth strategy. This strategic investment aims to enhance liquidity and maintain competitive inventory levels as NUBURU pivots towards innovative fintech solutions.
Under the guidance of Executive Chairman Alessandro Zamboni, NUBURU is executing a comprehensive growth strategy. By focusing on both debt settlement and strategic acquisitions, the company is well-positioned to lead in high-demand markets within the manufacturing and high-tech sectors.
