Nuburu Signs Multiple Material Agreements

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2026.01.20 22:13
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Nuburu has announced several strategic agreements, including the acquisition of Lyocon, a staged acquisition of Orbit, and a partnership with Tekne. The Lyocon deal involves cash, convertible notes, and earn-outs to enhance laser capabilities. Nuburu also increased its ownership in Orbit to 22% and entered a multi-year contract with Tekne to expand its defense market reach. The agreements include a purchase and sale agreement for Lyocon, a joint-venture network contract with Tekne, and a share transfer agreement with Tekne shareholders.