
Shares of Nuburu Inc (AMEX:BURU) are surging Wednesday morning following the announcement of a strategic acquisition aimed at expanding its footprint in the defense technology sector. Here’s what investors need to know.
What To Know: The industrial blue laser developer announced this week that its newly formed subsidiary, Nuburu Defense, will acquire Orbit S.r.l., an Italian software firm specializing in operational resilience and crisis management for mission-critical operations.