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International Business Times
International Business Times

NUBURU Obtains Majority Stake in Italy's Tekne, Expanding European Manufacturing Base and Defense Portfolio

(Credit: NUBURU, Inc)

Next-generation defense technology firm NUBURU, Inc. (NYSE American: BURU) has closed its acquisition of a 70% controlling share in Italian defense contractor Tekne S.p.A. through its subsidiary NUBURU Defense LLC.

The deal was formally signed in Italy following regulatory clearance under the Italian Government's Golden Power framework granted on August 5, 2026. The remaining 30% equity stake remains with Tekne's founding shareholders.

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