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NUBURU's Shares Surge 37% After Orbit Acquisition Announcement

10/8/2025

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Summary

Story summary

NUBURU Inc.'s defense subsidiary will acquire Orbit S.r.l., a firm specializing in resilience and crisis management, sending NUBURU's shares up 37.26% to $0.35.
The deal allocates up to $5 million for a 10.7% stake, includes a $2.4 million cash advance, and seeks full equity by late 2026, plus exclusive defense-sector distribution rights.
Orbit projects revenue to $19.29 million by 2028.

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Story summary

NUBURU Inc.'s defense subsidiary will acquire Orbit S.r.l., a firm specializing in resilience and crisis management, sending NUBURU's shares up 37.26% to $0.35.
The deal allocates up to $5 million for a 10.7% stake, includes a $2.4 million cash advance, and seeks full equity by late 2026, plus exclusive defense-sector distribution rights.
Orbit projects revenue to $19.29 million by 2028.