Nuburu and Maddox Defense Launch Joint Venture to Advance Next-Gen Drone Technologies
NUBURU Inc., a leader in high-performance blue-laser technology, has announced a strategic alliance with Maddox Defense Incorporated to form a joint venture aimed at advancing next-generation drone technologies. Under the agreement, Nuburu Defense will contribute up to $10 million in capital funding, while Maddox Defense will provide eligible assets, intellectual property, and personnel. Equity ownership in the joint venture will be allocated based on assessed contributions, with Nuburu Defense retaining a controlling interest. The joint venture will leverage Nuburu's laser innovations and Maddox Defense's UAV expertise, targeting a multi-billion-dollar market in defense and commercial drone systems. All developments will comply fully with U.S., EU, and NATO export-control regulations, ensuring technologies are provided only to authorized partners and allied nations. Projected annual revenue for the venture is expected to approach $100 million by 2028.
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