$BURU Strategic Infrastructure and Program Portfolio
Founded in 1990, Tekne brings an operational footprint consisting of 185 specialized personnel across three production facilities in Ortona, Poggiofiorito, and Guastalla, Italy.
Tekne's management operating schedule dated September 14, 2026, reflects approximately $93.1 million (€80.6 million) in remaining portfolio value across defense, civil protection, and public safety contracts. NUBURU is also moving to reactivate previously withdrawn or terminated procurement programs, which present additional upside outside the recorded baseline schedule.
"We set out to build a vertically integrated defense company, and today we own the stack: directed energy through Lyocon, electronic warfare and vehicles through Tekne, operational resilience software through Orbit, and the factories to build all of it in a NATO member state," said Alessandro Zamboni, Executive Chairman and Co-Chief Executive Officer of NUBURU. "We agreed a fixed share purchase price of €5.2 million for the additional 67.1% interest in a 36-year-old business with a $93 million program portfolio, alongside the agreed recapitalization and cash earn-out. No NUBURU shares will be issued to pay the earn-out. That is the kind of capital allocation our shareholders should expect from us. Golden Power authorization from the Italian Government was a key milestone for this acquisition. Now we execute."
Founded in 1990, Tekne brings an operational footprint consisting of 185 specialized personnel across three production facilities in Ortona, Poggiofiorito, and Guastalla, Italy.
Tekne's management operating schedule dated September 14, 2026, reflects approximately $93.1 million (€80.6 million) in remaining portfolio value across defense, civil protection, and public safety contracts. NUBURU is also moving to reactivate previously withdrawn or terminated procurement programs, which present additional upside outside the recorded baseline schedule.
"We set out to build a vertically integrated defense company, and today we own the stack: directed energy through Lyocon, electronic warfare and vehicles through Tekne, operational resilience software through Orbit, and the factories to build all of it in a NATO member state," said Alessandro Zamboni, Executive Chairman and Co-Chief Executive Officer of NUBURU. "We agreed a fixed share purchase price of €5.2 million for the additional 67.1% interest in a 36-year-old business with a $93 million program portfolio, alongside the agreed recapitalization and cash earn-out. No NUBURU shares will be issued to pay the earn-out. That is the kind of capital allocation our shareholders should expect from us. Golden Power authorization from the Italian Government was a key milestone for this acquisition. Now we execute."
