NUBURU Advances Phased Acquisition Of TEKNE Under Italy's Golden Power Framework, Committed By €67.4M Defense Orders

Company rebukes inaccurate media reports, affirms phased acquisition subject to regulatory and stockholder approval, new defense joint venture, and broader national security platform

NUBURU, Inc. (NYSE:BURU), a global leader in high-performance blue laser technology, today announced a pivotal update on its planned acquisition of TEKNE S.p.A. ("TEKNE"), following formal notice received from the Italian government under the "Golden Power" framework. The Company will work with TEKNE on a phased acquisition plan in compliance with the guidance of the Italian government which, rather than issuing a full clearance or a definitive irrevocable rejection, indicated key areas to consider, taking in account the Italy's national security goals. This is demonstrated by approx. Euro 67,4M of orders already committed by the Minister of Defense to TEKNE.

This announcement marks a key milestone in NUBURU's transformation into a vertically integrated defense and security technology platform.