Nuburu (BURU) announced its subsidiary, Nuburu Defense, has secured a binding agreement to acquire 100% of Orbit, an Italian software company specializing in operational resilience. The company stated the acquisition marks a major step in building out Nuburu’s Defense & Security Hub. The transaction will be executed in two stages, with Nuburu Defense initially subscribing up to $5M for a 10.7% stake, followed by the acquisition of the remaining equity at a $12.5M pre-money valuation by December 31, 2026.
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