NUBURU, Inc. Updates on Operational and Commercial Progress Across Defense, Security, and Mission-Critical Software Platforms
NUBURU, Inc., an integrated, dual-purpose Defense & Security platform company, has released a comprehensive corporate update, highlighting significant progress across its multiple operating segments, including directed energy technologies, electronic warfare, AI-driven operational resilience software, and advanced U.S.-based manufacturing. The company provides services and solutions to defense and mission-critical infrastructure sectors, spanning various regulated industries. This update underscores NUBURU’s active execution of its business strategy, demonstrating initial revenue traction, growing commercial pipelines, and strengthened operational momentum.
The Company’s executive leadership emphasizes that its integrated platform approach positions NUBURU to achieve scalable revenue growth, capitalize on strategic defense programs, and deliver long-term value to shareholders and stakeholders. The company’s portfolio now exceeds approximately $6 million across multiple revenue engines, supported by initial invoicing, order fulfillment, and strong backlog indicators, providing clarity into its commercial and operational momentum.
Operational Progress and Commercial Milestones
NUBURU is actively advancing its corporate and growth strategy through measurable activities in several core business segments, including directed energy systems, defense program participation, operational resilience software, and U.S.-based manufacturing.
Directed Energy Systems: Lyocon Srl
In the directed energy segment, Lyocon Srl, NUBURU’s subsidiary, has reported approximately $280,000 in revenue for the current period, alongside an additional $500,000 in fulfilled orders. A key milestone includes the initial deployment of a portable directed energy laser dazzler system designed for counter-drone defense (C-UAV) applications, with a deployment order valued at approximately $250,000 from a government-owned Tier-1 electronics company operating within a major defense market in the Asia-Pacific region.
Beyond this initial engagement, NUBURU is actively pursuing follow-on opportunities with estimated potential between $575,000 and $800,000 from the same Tier-1 Defense Company. Lyocon’s portfolio is currently valued at approximately $2.5 million, reflecting both the initial C-UAV deployment and other emerging opportunities in dual-use and defense applications. The developments in this segment illustrate a critical transition from prototype and testing phases to initial commercial deployment, marking a clear path toward repeatable revenue generation and program scalability.
Defense Programs: Tekne SpA Network Contract
Through its involvement in the network contract structure of Tekne SpA (“Tekne”), NUBURU has generated approximately $300,000 in revenue, primarily through management and service operations. A significant component of this segment is NUBURU’s participation in a defense program in Ukraine in collaboration with Engineering Bureau “BERYL” LLC. Phase 1 of the program (0–12 months) has launched, with an expected revenue range of $5.75 million to $11.5 million, focusing on the deployment of the GRAELION platform configured for military applications.
NUBURU’s participation in the program is structured to include price and margin participation, capital coordination, and potential integration of non-kinetic subsystems and high-margin software components. In parallel, the company has signed a binding agreement to acquire a 70% controlling stake in Tekne, with regulatory authorization under Italy’s Golden Power framework expected by the end of April 2026. Tekne itself targets approximately $57.5 million in revenue for the year, and this acquisition is expected to materially accelerate NUBURU’s operational and financial scalability by providing direct access to global defense markets and enabling the company to consolidate revenue streams from advanced defense systems.
This strategic initiative with Tekne not only provides immediate program-level revenue participation but also creates a foundation for long-term global operational presence in electronic warfare (EW) and advanced defense programs. Through this acquisition and network integration, NUBURU is well-positioned to achieve scalability in both revenue and operational capability.
Operational Resilience Software: Orbit Srl
Orbit Srl, NUBURU’s software division, has contributed approximately $80,000 in revenue to date, reflecting the typical seasonality of enterprise and regulated industry customers. Budget approvals and procurement cycles for these sectors are concentrated in the second and third quarters, creating a natural delay in initial revenue recognition. Despite this, Orbit is developing an active opportunity pipeline valued at approximately $3.9 million, including $790,000 in active requests for proposals (RFPs).
NUBURU currently holds a 22.7% equity stake in Orbit, with governance rights that facilitate operational alignment. Following shareholder approval for share issuance, NUBURU anticipates completing the full acquisition of Orbit by the end of 2026. This segment represents a high-margin, recurring revenue component, providing significant visibility into revenue potential and strategic integration across defense and critical infrastructure use cases.
U.S.-Based Manufacturing: Maddox Defense Joint Venture
NUBURU’s U.S. initiative, conducted in partnership with Maddox Defense Incorporated, has launched Phase I operations in Houston, Texas, with operational infrastructure already in place. The joint venture is developing an early-stage commercial portfolio aligned with U.S. defense industry demand, while establishing manufacturing capacity to support national defense supply chains and mission-critical production requirements. This initiative strengthens NUBURU’s integrated platform, allowing it to leverage advanced manufacturing capabilities alongside software and defense program operations.
Integrated Growth Platform
NUBURU’s business model spans multiple revenue engines, including directed energy systems, defense EW and mobility programs, AI-based operational resilience software, and advanced manufacturing infrastructure. Across these segments, NUBURU has built a total business portfolio exceeding $6 million, reflecting both revenue and commercial activity from initial invoicing, order intake, and backlog. Management emphasizes that billings and orders are indicators of commercial momentum, though they may differ in timing and amount from recognized revenue under U.S. GAAP standards.
Executive Commentary
Alessandro Zamboni, Executive Chairman and Co-CEO of NUBURU, stated, “We are currently fully in the execution phase, with initial invoicing, orders received, and a growing backlog across all business lines. The company has significantly strengthened its operational and financial position and is focused on revenue growth, improving capital efficiency, and progressing toward a positive equity balance sheet in the second quarter of 2026. We are confident that NUBURU is well-positioned to continue to successfully execute its business and growth strategy, further strengthening the company, increasing revenue generation, growth, and scalability through 2026 and beyond, creating significant value for our shareholders and all stakeholders.”
Dario Barisoni, Co-CEO of NUBURU and CEO of NUBURU Defense LLC, added, “Our integrated business model and growth strategy in the areas of directed energy, electronic warfare and defense mobility, software, and advanced manufacturing position NUBURU as a next-generation defense and security platform, scalable and aligned to an evolving global demand structure and mission-critical requirements.”
Outlook and Future Perspectives
NUBURU plans to continue expanding its commercial portfolio into contracted revenue through multiple initiatives: advancing the Tekne acquisition (subject to regulatory approval), expanding Lyocon deployments, growing Orbit’s recurring revenue base, and progressing toward achieving positive equity in Q2 2026. The company intends to provide additional updates on strategic initiatives, operational progress, and financial developments over the coming weeks and months, highlighting its path toward long-term operational and revenue scalability.
Investors are referred to the company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025, filed with the U.S. Securities and Exchange Commission. The independent auditor’s report in the Form 10-K includes a disclaimer of going concern regarding the company’s ability to continue operations, a disclosure mandated under Section 610(b) of the NYSE American Company Guide, but not an amendment or adjustment to the company’s 2025 financial statements.
Through its multi-engine growth platform, strategic partnerships, and commercial deployments, NUBURU is establishing itself as a comprehensive defense and security solution provider, poised for revenue growth, operational scale, and long-term value creation across multiple markets and mission-critical industries.
