Nuburu Inc. is trading at $0.16 (+5.83%) in pre-market action after the company disclosed a new strategic partnership in a regulatory filing.
- On June 9, Nuburu filed an 8-K revealing it had signed a binding agreement with Italian laser technology developer SunCubes S.r.l.
- The partnership will focus on the industrial, commercial, and technological cooperation to develop a vehicle-integrated “Laser Arm” directed-energy system.
- As part of the deal, Nuburu plans to make a minority investment of up to €1,000,000 in SunCubes, contingent on certain regulatory clearances.