NUBURU, Inc., a leader in high-performance laser technology, has announced positive progress in the regulatory review process for its acquisition of Tekne SpA, currently under Italy's Golden Power process. The review is advancing as expected, with indications pointing towards a favorable outcome. This acquisition is part of NUBURU's broader Defense & Security Hub initiative, which aims to strengthen its position in defense-tech and operational resilience sectors. While the approval process is ongoing, Tekne continues to fulfill its commitments, notably supporting the Italian Ministry of Defense with its cutting-edge "Tactical Bubble" systems. The regulatory review is being closely coordinated with Italian authorities, showcasing NUBURU's commitment to strategic growth and innovation.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.