NUBURU Completes Lyocon Acquisition, Re-Establishing a Revenue-Generating Blue-Laser Platform Addressing a $20+ Billion Global Industrial Market

Core Viewpoint - NUBURU, Inc. has successfully completed the acquisition of Lyocon S.r.l., enhancing its position in the high-performance blue laser technology market [1] Company Summary - NUBURU, Inc. is a pioneer in high-performance blue laser technology and has re-established its core business through this acquisition [1] - Lyocon S.r.l. is an Italian company specializing in laser manufacturing and systems integration, with established operations and a customer base [1] - The acquisition was executed through Nuburu Subsidiary Inc., a wholly owned subsidiary of NUBURU Inc. [1] Industry Summary - The acquisition signifies a strategic move within the laser technology industry, potentially increasing NUBURU's market share and revenue streams through Lyocon's recurring revenues [1]