NUBURU, Inc. announced on August 21, 2025, the successful execution of the first milestone under the phased acquisition plan for Tekne S.p.A. This follows formal notice received from the Italian government under the 'Golden Power' framework.
Through its new subsidiary, Nuburu Defense, the company secured an initial equity stake equal to the maximum interest permitted under current Golden Power regulatory thresholds (3%). This step serves as the foundation for the launch of a U.S.-Based Defense 80/20 Joint Venture between Nuburu Defense and Tekne.
The joint venture is immediately operational with three primary mandates: executing $7.5 million in contracts, expanding Tekne’s market reach into the Americas, and co-developing new defense technologies. NUBURU has also committed to financing up to €40 million in Tekne’s working capital needs over the next 12 months.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.