24/7 Market News Snapshot 12 March, 2025 – Nuburu, Inc. (NYSE:BURU)
DENVER, Colo., 12 March, 2025 (247marketnews.com) – (NYSE:BURU) are discussed in this article.
Nuburu, Inc. (BURU) is experiencing a notable surge in pre-market trading, currently positioned at $0.230, reflecting a remarkable increase of 35.29% from the previous day’s close at $0.170. This rally signifies a growing investor enthusiasm, underscored by a trading volume of 38.84 million shares. The robust momentum suggests a positive market sentiment around the stock, potentially influenced by recent developments within the company.
In addition to this trading activity, Nuburu is in the process of advancing its strategic acquisition plan geared toward enhancing its foothold in the defense and security sectors. The company recently entered a commitment letter for the acquisition of a defense technology firm and a Software as a Service (SaaS) startup. As part of this initiative, Nuburu has secured a 20% stake in these entities with an investment totaling $1.5 million in cash along with $23.5 million in five-year notes bearing a 10% interest rate. The second phase of this acquisition, which is contingent on stockholder approval, aims to grant Nuburu a controlling interest in these target companies.
The prospective collaboration is expected to culminate in a joint development agreement that will leverage Nuburu’s advanced laser solutions within the defense sector. Upon completion, the company anticipates significant growth opportunities, with a diverse portfolio of approximately 60 clients across various countries. Currently, Nuburu holds a backlog of orders valued at $309 million, in addition to options reaching $181 million.
Executive Chairman Alessandro Zamboni remarked on this strategic acquisition, asserting its critical importance for Nuburu’s penetration into the defense and security markets. By synergizing its technological capabilities with targeted acquisitions and partnerships, Nuburu aims to navigate its market efficiently while pursuing prudent growth.
Related news for (BURU)
- Breaking News: MoBot’s Latest Update as of 10/03/25 06:00 AM
- Today’s Top Performers: MoBot’s Market Review 10/03/25 05:00 AM
- Breaking News: MoBot’s Latest Update as of 10/03/25 04:00 AM
- MoBot’s Stock Market Highlights – 10/02/25 07:00 PM
- MoBot alert highlights: NASDAQ: BNAI, NASDAQ: XELB, NYSE: NBY, NYSE: BURU, NASDAQ: ASNS (10/02/25 06:00 PM)