NUBURU Reveals Its Strategic Trajectory in the Defense Sector
This announcement comes as NUBURU awaits approval from the Italian government under the 'golden power' regulations, which oversee foreign investments in critical sectors aligned with national security interests.
As the Company continues to study the development and integration of its state-of-the-art laser technology with the expertise gained from its defense acquisition, the new comprehensive defense and security group strategy, to be delivered following the successfully completion of the acquisition plan, will comprise the enrichment of the portfolio of solutions with customized vehicles and advanced electronic products engineered for defense and civilian applications. The production of specialized vehicles - ranging from armored transport and emergency response vehicles to fuel tankers - leverages proprietary technology and components designed to meet the high-tech demands of modern defense requirements.
" Our strategic trajectory commits to providing advanced defense solutions is exemplified by our efforts to produce a diverse array of special-purpose vehicles, meticulously designed to support our military and civilian clients," said Alessandro Zamboni, Executive Chairman of NUBURU. " Our plans aim at enhancing operational readiness and flexibility while ensuring our solutions are tailored for various mission profiles."
Additionally, the defense-tech strategic plan targets to fortify the new enlarged group capabilities in electronic products for the defense and security sectors, offering a wide range of system solutions including jammers and telecommunication networks. Notably, the DefenseTech Business is currently actively developing innovative strategies to protect personnel and infrastructure through the deployment of cutting-edge jamming techniques.
Zamboni continues ' In a significant development, our targeted DefenseTech Business has entered into a strategic partnership with a leading provider of tactical ground mobility solutions in the United States. Together, they will jointly produce a high-mobility vehicle designed for rapid deployment across a diverse landscape of military operations. Capable of reaching unprecedented levels of speed and range, this lightweight tactical vehicle excels in off-road conditions and is engineered for versatility in military missions. This collaboration will enhance the capabilities of the Italian Armed Forces and other NATO allies, fostering an environment of interoperability and readiness. The establishment of local production facilities in Italy will further streamline vehicle delivery and support, ensuring robust supply chain continuity and bolstering national defense initiatives. '
As previously disclosed, the targeted DefenseTech Business currently accounts a portfolio of approximately 60 clients across seven countries (including the USA, Italy, and UAE) and accounts a robust backlog of orders totaling $309 million, and options for an additional $181 million.
As NUBURU progresses, it emphasizes its dedication to leveraging advanced technologies and partnerships to lead within industries critical to national security and operational resilience.
About NUBURU
NUBURU, Inc. was founded in 2015 as a developer and manufacturer of industrial blue laser technology that is transforming the speed and quality of laser-based manufacturing. Under its new management team led by Executive Chairman Alessandro Zamboni, NUBURU is executing a comprehensive growth and diversification strategy, expanding into complementary domains such as defense-tech, security, and operational resilience solutions. NUBURU is leveraging strategic partnerships and acquisitions to accelerate growth in high-value sectors. For more information, visit www.nuburu.net.
Forward-Looking Statements
This press release contains certain "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact contained in this press release may be forward-looking statements. Some of these forward-looking statements can be identified by the use of forward-looking words, including "may," "should," "expect," "intend," "will," "estimate," "anticipate," "believe," "predict," "plan," "seek," "targets," "projects," "could," "would," "continue," "forecast" or the negatives of these terms or variations of them or similar expressions. All forward-looking statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. All forward-looking statements are based upon estimates, forecasts, and assumptions that, while considered reasonable by the Company and its management, are inherently uncertain. Many factors may cause the Company's actual results to differ materially from current expectations, including but are not limited to: (1) the ability to meet security exchange listing standards; (2) the impact of the loss of the Company's patent portfolio through the previously announced foreclosure; (3) failure to achieve expectations regarding business development and the Company's acquisition strategy; (4) the inability to access sufficient capital to operate; (5) the inability to recognize the anticipated benefits of the initial business combination and the current transaction, which may be affected by, among other things, competition, the ability of the Company to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (6) changes in applicable laws or regulations; (7) adverse impacts of general economic, business, and competitive factors; (8) volatility in the financial system and markets caused by geopolitical and economic factors; and (9) other risks and uncertainties set forth in the sections entitled "Risk Factors" and "Cautionary Note Regarding Forward-Looking Statements" in the Company's most recent periodic report on Form 10-K or Form 10-Q and other documents filed with the SEC from time to time. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. The Company does not give any assurance that it will achieve its expected results. The Company assumes no obligation to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise, except as otherwise required by applicable law.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time Business News
a day ago
- Time Business News
Top Food Catering and Services Near You Aastik Caterers
Finding the perfect catering service can transform your event from ordinary to unforgettable. Whether it's a wedding, corporate event, birthday, housewarming, or any special celebration, the quality of food and service plays a crucial role. If you've been searching for Best Caterers Near Me look no further than Aastik Caterers — a name synonymous with quality, taste, and reliability. Catering is not just about preparing and serving food. It's about crafting a memorable experience through flavors, presentation, and impeccable service. A good caterer understands your theme, guests' preferences, dietary requirements, and most importantly, your vision. Whether you're hosting 20 people or 2,000, the right catering service ensures: High-quality and hygienic food Timely and organized service Variety of menu options (customizable) Professional staff and event coordination Seamless experience for the host When people type 'best food catering near me' or 'top caterers near me,' they're not just looking for food providers—they're searching for trustworthy partners for their events. Here's what sets the best caterers apart: From traditional Indian cuisine to international dishes like Chinese, Continental, Italian, and more, the best caterers offer extensive menus tailored to your event type and cultural preferences. Not every event has the same needs. A reputable caterer offers flexible packages suited for different budgets and event sizes—whether it's a small family gathering or a grand celebration. Punctuality is critical in the catering business. The best catering services arrive ahead of time to set up food counters, arrange service staff, and ensure everything is ready before the guests arrive. Top-rated caterers maintain the highest levels of food safety, cleanliness, and hygiene standards, from the kitchen to the serving area. People trust real feedback. Look for caterers with consistent 4+ star ratings, positive reviews, and repeat clients. Among the many caterers in your area, Aastik Caterers has built a strong reputation for delivering premium catering services for all types of events. Here's why they're rated among the best catering services near you. Whether you're planning a pure vegetarian feast, a Jain food setup, or a multi-cuisine buffet, Aastik Caterers offers tailored menus to suit your taste and traditions. They specialize in: North Indian, South Indian, Gujarati, Maharashtrian Continental, Chinese, Mughlai, Thai Fusion dishes and theme-based menus The chefs at Aastik Caterers are culinary artists with years of experience in curating delicious and visually appealing meals. Their serving staff is trained, uniformed, and courteous, ensuring a smooth and professional experience throughout your event. Want to impress your guests with a live dosa counter or a sizzling pasta bar? Aastik offers live food stations to engage guests and add flair to your event. Whether you're hosting an intimate party or a lavish wedding, Aastik Caterers provides packages that balance quality and cost-effectiveness, ensuring you get the best value for your money. Beyond food, Aastik also assists with: Themed décor coordination Cutlery, crockery, and table setup Waitstaff and event coordination Clean-up and disposal post-event No matter what the occasion is, Aastik Caterers is equipped to serve events of all sizes: Weddings and Receptions Engagement and Roka Ceremonies Birthdays and Anniversaries Corporate Parties and Office Events Housewarming and Griha Pravesh Baby Showers and Naming Ceremonies Community Gatherings and Festive Celebrations While Aastik Caterers is a top choice, here are a few tips for choosing the right catering service: Ask for Tasting Sessions: Always sample the food before finalizing. Check for Customization: Make sure they can tweak menus for dietary preferences (vegan, gluten-free, etc). Read Reviews and Testimonials: Go through Google reviews or social media feedback. Look at Past Events: Ask for photos or videos of their previous setups. Understand Pricing Clearly: Ensure no hidden costs and a transparent breakdown of services. Q1. Do Aastik Caterers serve small events like birthday parties Yes, Aastik offers customized packages for small gatherings, starting from 25 guests and up. Q2. Can they provide Jain or Satvik food Absolutely. Aastik Caterers specializes in traditional, Jain, and no-onion-no-garlic preparations as per client needs. Q3. Do they offer catering for destination weddings Yes. Aastik Caterers are experienced in outstation catering for destination events and offer full logistical support. Q4. What is the average price per plate Pricing depends on the menu and number of guests, but typically starts around ₹300 to ₹1500 per plate. Choosing the right caterer is about more than just food—it's about the overall experience. If you're still searching for the best food catering near me, give Aastik Caterers a call. Their experience, professionalism, and passion for culinary excellence make them the perfect partner for your event. Your guests will remember the taste, the presentation, and the flawless service—and you'll remember how easy they made it for you. TIME BUSINESS NEWS
San Francisco Chronicle
a day ago
- San Francisco Chronicle
This might be the real reason Joel Engardio is facing recall in the S.F.'s Sunset District
It was the affordable rent, by San Francisco standards, that lured James Parke to the Sunset District in the late 1980s. 'When we moved here, it was the cheap seats,' Parke, 74, a retiree, told me recently. 'There were tattoo parlors and massage parlors and all kinds of crap out here.' Parke grew to love the sleepy neighborhood and, after a few years of renting, bought a home in the Outer Sunset, where he and his wife still live today. Like Parke, families seeking to buy relatively affordable single-family homes and a quieter lifestyle have flocked to the Sunset for decades — first, large numbers of Irish and Italian immigrants, then Asian Americans, primarily Chinese, who are now about half of the district's residents. These days, things are neither affordable nor particularly sleepy. The neighborhood is changing. Like the rest of San Francisco, housing prices have skyrocketed in the Sunset. Some of the seedy shops Parke remembers have been replaced by yoga studios, cafes with pour-over coffee and cocktail lounges. And Supervisor Joel Engardio, who represents the Sunset, is facing a recall vote in September, primarily for championing Proposition K, which closed the Great Highway for an oceanfront park that is attracting thousands of outsiders to the neighborhood. Mayor Daniel Lurie's recently released rezoning plan would allow taller housing throughout the neighborhood and could further upend the suburban feel of the Sunset. All of this worries Parke, who doesn't want the Outer Sunset to transform from 'a family place into some kind of a Miami Beach on the West Coast.' 'If we keep building up and up in the Sunset, well, there goes that quality of life that we worked so hard for,' Parke said. There are no plans for Miami Beach-style skyscrapers in the Sunset. But Parke is not alone in his perception and false assumptions about what could happen. This is important because while the recall fight over the closure of the Great Highway to cars is ostensibly about traffic, it's hard not to think broader anxiety over what the future holds for the Sunset is also in play. 'I think it's just a lack of voice and lack of agency that folks have' over decisions in the neighborhood, said Lily Wong, director of the Sunset Chinese Cultural District, when I asked her about feedback she's heard from the community. (Full disclosure: My wife, Ramie Dare, serves on the board of Wah Mei School, the fiscal sponsor for the cultural district.) Arguably, that sentiment helped tank the reelection of former Supervisor Gordon Mar, who lost a close race to Engardio three years ago. During the campaign, Mar was anonymously branded a 'communist pedophile' in part for helping to push through the Sunset's first affordable housing project in decades. Engardio campaigned for office on a vision for San Francisco to be more like Paris ― buildings with housing and shops of six stories or so on corner lots and high-traffic corridors everywhere in the city, including the Sunset. It's an idyllic vision, but 'taller' and 'denser' are fighting words in San Francisco, and not everyone shares Engardio's or Lurie's ideas for housing. The six-story and eight-story buildings that the rezoning plan calls for would 'feel very out of character' for the Sunset — even on transit corridors — said Albert Chow, president of People of Parkside Sunset, an association representing about 100 businesses on Taraval Street, when I asked him what he thought of the mayor's proposal. Chow said he prefers smaller projects and worries new development could disrupt 'why people like the neighborhood' — the predominance of single-family homes. 'I like to say that San Francisco is the most progressive city that hates change,' Engardio told me recently when we discussed the future of the Sunset. He said he supports the mayor's rezoning. 'There will always be people opposed to new things or new housing. I think the mayor's housing plan is very pragmatic and reasonable because it's focusing housing on areas where it makes the most sense.' What's pragmatic to Engardio, however, isn't jiving these days with many of his constituents like Chow, an outspoken supporter of the recall who opposed Prop K. I'm an Outer Sunset resident who supported Prop K. In the long run, I believe Sunset Dunes park will benefit the Sunset and the city. And so will rezoning to allow more homes. There's been almost no new housing in Sunset and other western neighborhoods since the 1960s. Anytime denser housing can be built near major commercial and public transportation routes, it makes sense for everyone; it puts people into homes, creates economic activity and ideally gets some drivers out of their cars. Denser housing in Sunset is going to be a tough sell. But even Chow concedes the neighborhood has to 'take our share of the burden' for building housing in the city. 'The needs of the many outweigh the needs of the few,' he said, borrowing a quote from Spock of 'Star Trek.' Rezoning could be the first step in a decades-long process. Change is coming. Spock's Vulcan philosophy is something good to keep in mind during this transformation. The Sunset should never become Miami Beach. But it can't stay frozen in time, either, if the city is going to 'live long and prosper.' Harry Mok is an assistant editor, editorial board member and columnist for the Opinion section.
Business Insider
a day ago
- Business Insider
I left my job in tech and moved to Spain. Being alone in a foreign country is hard, but it's changed me for the better.
This as-told-to essay is based on a conversation with Parrie Hartley, 30, who moved from Austin to Barcelona in February 2025. The conversation has been edited for length and clarity. I'm from a really small town outside of Houston, where there are not a lot of employment opportunities. I've always been a city girl at heart, so in 2020, after a brief stint living in Australia, I moved to Austin and started working in software sales. Austin's tech scene is booming. Many, like big corporations, like Amazon, Tesla, and Meta, have opened offices there, bringing with them a lot of jobs. Moving there definitely built my career and made me a lot of money. Living in the city was awesome, too. It's a great place for young people, with an amazing culture, food, and music scene. There are a lot of events, and I definitely made some really great friends there. In May 2024, the startup company I was working for started making layoffs. By then, I had already started thinking about leaving Austin. I had been in the city for five years and was itching for a change. Everything in my life was perfect on paper, but I still missed adventure. I've always been very curious about the world, and I really do think I'm the best version of myself when traveling. At the time, I was 29 and single. I had no husband, job, children, or pets. My parents were healthy, so I didn't really have anything tying me down. I decided, "Why don't I move abroad?" A student visa was my ticket to Spain I had been working in sales, so I had built up quite a bit in savings. But once I decided to move, I sold everything — furniture, clothes, anything that I could get money from. In Austin, I lived alone in a 1,100-square-foot apartment on the East Side, downtown, and paid $1,800 monthly on rent. To save money, I moved back to my hometown and started picking up some shifts at a local boutique. I considered a lot of different places to move abroad. I had already lived in Australia, so I checked that off the list. I'd also been to Asia, which I enjoyed, but I felt that living there might have been too much of a culture shock. So, I began researching visa options for Europe. One option was a student visa, which I discovered could be obtained by enrolling in a language school. The visa was available in Portugal, Spain, and Italy. As a Texan, I didn't feel a strong need to learn Portuguese or Italian. I had also visited Spain when I was 22, during a backpacking trip with friends to Barcelona, and had a great time. I figured that if I moved there, I could learn Spanish and be close to the other European countries I wanted to visit. It took about four weeks to organize all of my paperwork for the visa. I had to obtain an FBI background check, get a medical clearance from a doctor, show proof of health insurance, and submit my bank statements to show that I had sufficient funds in my account. In the end, everything came together, and my visa was approved just three days before my flight to Spain in February. I got lucky finding housing I attend a Spanish language school called Expanish in Spain. I have classes five days a week, four hours a day. The course lasts 40 weeks, with eight weeks of holiday included. I paid $6,800 in total. I live in a neighborhood pretty close to the Church of La Sagrada Família , which is not only the most famous building in Barcelona, but possibly in all of Spain. Since I'm in such a central area, there are a lot of tourists and markets around, but the area itself is still fairly quiet. My building is between three major metro stations. Figuring out the metro was initially a challenge for me as an American, but it turned out to be super easy. I feel safe walking there day or night because the area has low crime. I got really lucky finding an apartment through a rental website called Idealista. They matched me with a couple, and I'm paying €600 ($686) for my room. I pay €10 ($11) a month for WiFi, plus water and electricity, which adds another €40 ($46) a month. The apartment is around 753 square feet and came fully furnished, which was great. We have air conditioning, but unfortunately, it doesn't reach my room, which is rough in the summer. It's easy to make friends in Barcelona Meeting people in Barcelona is easy, and the people are very warm and welcoming. The city is filled with people from all over the world. Most are away from their families, here for a year or two, so eventually, you end up creating your own little family. Often, making friends is as simple as going out and striking up a conversation — if you hear someone speaking English, you just start talking. I've met plenty of people through my language school, though it tends to be a revolving door since it's a temporary program, and most students are only around for three or four months. Outside of school, I've built friendships through Bumble BFF. I also joined a volleyball league when I first got here, and I play regularly. I haven't ventured onto the dating apps just yet. I'm 30, and I do want to build toward a relationship, but I feel like I need to get my life a bit more together first. That said, I'm definitely having fun meeting people. I've met guys from Brazil, the Netherlands, and Colombia — it's been a really fun mix. Honestly, it feels a bit like being a kid in a candy store. Moving here was the right choice for my future Most of my time here has been really positive. I spend a lot of time at the beach, and I'm walking up to 20,000 steps a day. You can really see the difference in my face. I've also been traveling. In July, I visited Menorca, one of the Balearic Islands off the coast of Spain. My round-trip flight was only €40 ($45.72). I just packed a backpack with bikinis and went. This month, I'm also heading to Mallorca because I scored free tickets to the Love Island UK finale. Right now, I earn money tutoring both kids and adults in English during after-school hours. I'm also helping my cousin, a lawyer in Texas, with some administrative work. My current visa is valid for one year and will expire in early February 2026. I'd love to stay longer, so I'm exploring the option of applying for a digital nomad visa. It's available in several European countries and essentially allows you to live and work remotely, as long as you meet certain income requirements and have health insurance. As for moving back to the US, I don't plan on it, at least not if I don't have to. Of course, there are cultural challenges that come with living abroad, especially in a place where you don't know the language or the people. I also miss my family, and get a little sad when I miss family events or big moments in their lives and can't be there in person. But I've come to realize that life keeps moving — both for them and for me. My motto is: you choose your hard. For me, marriage and raising a child right now would be difficult. For someone else, it might be moving overseas alone without knowing the language. But that's the kind of hard I'd gladly choose any day.
