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Benzinga
Benzinga
Business
Lekha Gupta

Why Industrial Blue Laser Developer Nuburu Shares Are Up On Wednesday?

Buru NATO
Bullish stock chart with green arrow

Nuburu, Inc. (AMEX:BURU) shares are trading higher after the company disclosed a Strategic Framework Agreement with a newly formed subsidiary, Nuburu Defense LLC, and Maddox Defense Incorporated.

The company plans to form a new joint venture (JV) that will develop, manufacture, and deploy advanced drone systems for both military and commercial applications, fully compliant with regulations.

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