NUBURU, Inc. (NYSE: BURU) has updated its commercial pipeline for the LaserTech Business Line, raising the base 2026 revenue visibility to approximately $1.07 million and the best-case scenario to approximately $2.16 million. This increase is driven by an approximately $2.2 million quotation for a next-generation integrated blue-laser platform for autonomous terrestrial rovers. The unaudited commercial tracker as of June 30, 2026, reflects activity from Lyocon S.r.l., which NUBURU positions as its Photonics & Laser Factory. The figures demonstrate growing market adoption of the company's blue-laser technologies and support its Defense & Security platform strategy.

The proposed rover configuration utilizes ten 125-watt blue-laser modules installed on each vehicle, totaling 1.25 kW of proposed installed laser power per vehicle. This opportunity is staged between the fourth quarter of 2026 and the first quarter of 2027, assuming final customer approval and technical agreement. The quotation is not a signed order, contract, backlog, or recognized revenue. Euro-denominated amounts have been converted to U.S. dollars using a reference rate of 1.1591. The tracker is derived from local accounting records and has not been reconciled to U.S. GAAP.

Commercial Tracker and Financial Projections

The unaudited commercial tracker for the LaserTech Business Line highlights potential revenue upside compared to the baseline established in NUBURU’s NYSE Business & Compliance Plan. The company is not providing new consolidated revenue guidance through this update.

Strategic Operating Model

NUBURU’s platform-based operating model integrates specialized technology factories. Lyocon serves as the industrial and engineering base for laser-source design, optics, electronics, module assembly, integration, testing, and industrialization. The model allows each operating factory to generate standalone products and revenue while contributing reusable modules to integrated, customer-specific mission packages.

Other strategic components include Orbit for software and orchestration, the Maddox joint venture for deployable manufacturing, and the proposed acquisition of Tekne for defense mobility and systems integration. SunCubes S.r.l. remains a strategic technology partner for beam-control and optical-power technologies. These factory labels and the "LaserTech Business Line" designation describe NUBURU’s strategic operating model and do not establish new reportable segments.

NYSE Compliance Plan Context

For comparison, NUBURU referenced its NYSE Business & Compliance Plan, submitted to regain compliance with NYSE American’s minimum stockholders’ equity continued-listing standards. The plan’s laser-technology revenue line is approximately $967,000 in 2026, $2.03 million in 2027, $3.33 million in 2028, and $4.34 million in 2029. Management believes the current tracker demonstrates progress toward the 2026 objectives and highlights additional commercial opportunities not originally reflected in those projections.

NUBURU, Inc. (NYSE: BURU) presented its NUBURU Defense Italian plan, which outlines approximately US$336.3 million of cumulative projected gross revenue for the 2026–2029 period. The plan excludes U.S. go-to-market initiatives and supports a software-driven Defense & Security platform vision. NUBURU submitted the plan in the Golden Power process related to its planned acquisition of a controlling 70% ownership stake in Tekne S.p.A. ("Tekne"). The strategic initiative is expected to be supported by senior advisers Prof. Carlo Alberto Carnevale Maffè and Gen. Pietro Serino.

The NUBURU Defense Italian plan reflects the industrial, technology and governance framework included in the Golden Power notification package. NUBURU calculates the revenue metric based on company plan materials prepared for NYSE American compliance updates. The metric is presented before ownership, consolidation, customer-conversion, transaction-completion, Golden Power authorization, U.S. GAAP reconciliation and other accounting or operational adjustments. Actual results may differ materially from the projections.

Projected Revenue

The yearly figures for the NUBURU Defense Italian plan are approximately US$13.1 million in 2026, US$74.4 million in 2027, US$105.7 million in 2028 and US$143.1 million in 2029. The calculation is intended to isolate the Italian defense platform plan within the company plan materials and does not represent a separate audited reporting segment or a forecast of consolidated revenues.

Strategic Advisory Team

NUBURU believes the credibility of the Italian plan is supported by the combination of projected scale, Italian industrial footprint, software-driven platform logic and senior advisory depth. Gen. Pietro Serino, former Chief of Staff of the Italian Army and former Chief of Cabinet of the Italian Minister of Defense, is expected to support the Italian project in a strategic advisory capacity. Prof. Carlo Alberto Carnevale Maffè, Associate Professor of Practice at SDA Bocconi and Strategy Advisor to the NUBURU Group, is expected to support the project with focus on platform economics and industrial governance.

Industrial Roadmap and CapEx

The plan's roadmap is organized around six non-operational capability families, including counter-UAS and non-kinetic optical defense, EW/CEMA and tactical communications, and special vehicles. The plan is designed to preserve and expand Tekne's Italian industrial footprint across Poggiofiorito, Ortona and Guastalla. It contemplates approximately EUR15.5 million of CapEx over the 2026-2030 period, primarily linked to the Ortona industrial and technology footprint. The plan also targets approximately +372 net direct FTE in Italy by 2030 and an estimated 500-650 additional induced jobs in Abruzzo.

Transaction Update

NUBURU announced that NUBURU Defense has provided an additional EUR1.0 million to Tekne to support working capital and production continuity. This is in addition to the EUR1.0 million advance provided at the signing of the Share Purchase Agreement (SPA). The transaction is based on a fixed EUR52 million pre-money valuation of Tekne. The structure includes a capital increase and shareholder financing conversion, a EUR5.2 million share purchase from historical shareholders, and a revenue-based earn-out capped at EUR29.692 million. Upon completion, NUBURU is expected to hold 70% of Tekne.