Nuburu (BURU) announced its subsidiary, Nuburu Defense, has executed a binding joint venture agreement with Maddox Defense to develop a modular, containerized, mobile additive manufacturing system. The system is designed to produce drone components and mission-critical parts for defense systems. The company said the venture establishes a transatlantic industrial framework, integrating U.S.-based development with European commercialization pathways.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BURU:
- Upcoming Stock Splits This Week (March 2 to March 6) – Stay Invested
- Nuburu Forms Defense-Focused Additive Manufacturing Joint Venture
- Nuburu Executes Reverse Stock Split to Maintain Listing
- Nuburu Completes Equity Offering and Announces Reverse Split
- Nuburu trading on NYSE American to resume following required reverse stock split
