Our Chairman’s shareholder letter details the completed
@TekneGroup
acquisition, the industrial platform now in place and the facts behind our October 15 S-3.
Read the letter:
https://tinyurl.com/mps8jhry
With a 70% controlling interest in Tekne, NUBURU brings together:
▪️ Approximately 185 personnel across three Italian facilities
▪️ Approximately $93.1 million in Tekne program value
▪️ More than $200 million in management-estimated reactivation opportunities
▪️ Electronic warfare and special-vehicle engineering alongside Lyocon’s laser and photonics expertise and Orbit’s operational-resilience software
The financing clarification is straightforward: the October 15 S-3 registers resales related to July’s preferred-stock offering. The filing itself issues no shares, raises no new capital and creates no new conversion rights. Existing conversion rights remain.
Our focus: industrial integration, customer delivery and disciplined execution.
$BURU #NUBURU #Tekne #DefenseTechnology
https://x.com/nuburulasers/status/2112224127067021739