Nuburu Secures Strategic Investment and NASA Laser Contract

Nuburu (BURU) has issued an update.

Nuburu, Inc. has launched a $15 million Pre-Funded Warrant Purchase Program with strategic investors allowing them to buy warrants that can be exercised without additional payment. These investors also get a five-year warrant to purchase more shares at 150% of the pre-funded warrant’s price. Additionally, the company announced receiving an $850,000 contract from NASA to develop blue laser technology for space missions, further positioning itself as an innovative player in the tech and space industry.

See more data about BURU stock on TipRanks’ Stock Analysis page.