Nuburu Invests In NATO Small-Arms Maker: BURU Stock Rises Pre-Market
Synopsis
The company said that it is also engaged in a strategic dialogue with H&K to evaluate how its directed-energy and optical countermeasure technologies may complement established kinetic platforms.
Nuburu Inc. (BURU) on Wednesday announced that it has taken a strategic equity position in Heckler & Koch AG (H&K), a maker of small arms and kinetic defense systems serving NATO and other allied forces.
“The investment represents a deliberate step in NUBURU’s strategy to position its non-kinetic technologies alongside globally deployed kinetic platforms within modern, multi-domain defense architectures,” the company said.
Nuburu said that it is also engaged in a strategic dialogue with H&K to evaluate how its directed-energy and optical countermeasure technologies may complement established kinetic platforms.
Nuburu shares were up more than 11% in Wednesday’s pre-market trade. Retail sentiment around the company trended in the ‘bullish’ territory at the time of writing, with message volumes at ‘high’ levels.
Get updates to this story developing directly on Stocktwits.<
For updates and corrections, email newsroom[at]stocktwits[dot]com.<
Stay updated with all the latest Business News, including market trends, Share Market News, stock updates, taxation, IPOs, banking, finance, real estate, savings, and investments. Track daily Gold Price changes, updates on DA Hike, and the latest developments on the 8th Pay Commission. Get in-depth analysis, expert opinions, and real-time updates to make informed financial decisions. Download the Asianet News Official App from the Android Play Store and iPhone App Store to stay ahead in business.