Nuburu advances defense-tech with Tekne acquisition, EUR 50M deployment

Nuburu (BURU) announced progress in its strategic transformation, including positive indications from Italy’s Golden Power regulatory process for its planned acquisition of Tekne S.p.A. Tekne, a provider of integrated electronic warfare and cyber capabilities, is currently fully deploying its “Tactical Bubble” systems for the Italian Ministry of Defense, a project expected to generate over EUR 50M in revenue. Nuburu views this acquisition as a cornerstone for its Defense & Security Hub strategy, which also includes acquiring a start-up Software-as-a-Service platform to enhance operational resilience. The acquisition is subject to customary regulatory review and stockholder approval.