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News 2026-10-15 12:34 UTC

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 202

News 2026-10-15 12:34 UTC

NUBURU completes Tekne acquisition

The acquisition adds a $93 million defense and dual-use program portfolio and advances expansion across NATO and allied markets.

News 2026-10-15 12:32 UTC

NUBURU Completes Tekne Acquisition, Adding a $93 Million Defense & Dual — Use Program Portfolio and Advancing Expansion Across NATO and Allied Markets

For best results when printing this announcement, please click on link below: NUBURU Completes Tekne Acquisition, Adding a $93 Million Defense & Dual-Use Program Portfolio and Advancing Expansion Across NATO and Allied Markets Renegotiated terms cap the earn-out at €20 million, payable in cash with no share issuance fo