Initial 20% Acquisition Completed, Creating New Foundation to Deploy Laser Technology Applications

NUBURU, Inc. (NYSE:BURU), a leader in high-power and high-brightness industrial blue laser technology, is proud to announce the successful completion of the first key step in its strategic acquisition plan focused on the defense and security business sector. This pivotal move aligns with the Company's ongoing commitment to cultivate synergies with its existing laser technology expertise and the adoption of cutting-edge, AI-driven solutions and robotic process automation capabilities by virtue of the recent partnership with NexGenAI.

Following the announcement of entering into a commitment letter to acquire a defense and security hub (which includes two target entities: a defense-tech company and a Software as a Service startup focused on operational resilience) in two stages, NUBURU has now completed the acquisition of an initial 20% ownership interest for an aggregate price of $1.5 million in cash and $23.5 million in five-year notes bearing a 10% interest rate. The second stage, which will require approval by NUBURU's stockholders, involves the acquisition of additional ownership interests, resulting in NUBURU holding a controlling interest in the target entities.