Nuburu Completes Acquisition of 70% Stake in Tekne

Nuburu completed its acquisition of a 70% controlling stake in Tekne through Nuburu Defense; historical shareholders retain 30%. The additional 67.1% stake cost €5.2 million: €1.2 million paid at signing, with €4 million deferred through March 2027. Cash earn-out capped at €20 million pays 5% of annual revenue from 2028, with a €2 million annual minimum; no shares issued. Approximately €29.7 million of shareholder loans and other receivables were waived, becoming permanent equity in Tekne. Tekne adds electronic-warfare and vehicle capabilities, with $93.1 million in remaining program value as of September 14, 2026, not signed backlog. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nuburu Inc. published the original content used to generate this news brief via (Ref. ID: 20261015023195) on October 15, 2026, and is solely responsible for the information contained therein. (C)