NUBURU Awarded Purchase Order from Major Multinational Electronics Manufacturer
15 11월 2023 - 10:00PM
Business Wire
Company to Deliver a BL-250 for Next-Generation
3C Device Manufacturing – Enabling New Product Designs, Increasing
Throughput and Enhancing Sustainability
NUBURU, Inc. (“NUBURU” or the “Company”) (NYSE American:
BURU), a leading innovator in high-power and high-brightness
industrial blue laser technology, today announced it has been
awarded a purchase order from a best in class, multinational
electronics manufacturer with manufacturing capabilities across
Asia, Latin America, Europe and the U.S., to supply a BL-250 for
next-generation computers, consumer electronics and communication
(3C) device manufacturing. NUBURU’s transformational blue laser
technology will be utilized in a research and development capacity
to demonstrate the integration of its laser welding capabilities as
an alternative to conventional soldering manufacturing
techniques.
Brian Knaley, CEO of NUBURU commented: “We are excited to
deliver our industry disrupting blue laser technology to further
enhance our partner’s manufacturing capabilities. By integrating
our modular manufacturing solutions, we provide customers with the
means for increased scalability and ability to produce more durable
products. We look forward to the continued market adoption of our
BL product line, as the increasing demand for innovative
capabilities and green manufacturing alternatives continues to
accelerate.”
Laser joining in its current state faces significant challenges
rooted in energy-intensive soldering practices, resulting in
inefficiencies and constraints on the precision and reliability of
precise metal fabrication. By integrating NUBURU’s patented BL-250
product, current manufacturing capabilities are expanded to enable
new product designs, increase manufacturing throughput, enhance the
overall sustainability of manufacturing, and achieving ROHS
compliance by eliminating lead-based solders.
About NUBURU
Founded in 2015, NUBURU, Inc. (NYSEAM: BURU) is a developer and
manufacturer of industrial blue lasers that leverage fundamental
physics and their high-brightness, high-power design to produce
faster, higher quality welds and parts than current lasers can
provide in laser welding and additive manufacturing of copper,
gold, aluminum and other industrially important metals. NUBURU’s
industrial blue lasers produce minimal to defect-free welds that
are up to eight times faster than the traditional approaches — all
with the flexibility inherent to laser processing. For more
information, please visit www.nuburu.net.
Forward-Looking Statements
This press release contains certain “forward-looking statements”
within the meaning of the United States Private Securities
Litigation Reform Act of 1995, Section 27A of the Securities Act of
1933, as amended, and Section 21E of the Securities Exchange Act of
1934, as amended, including relating to the service of a new
director and use cases for the Company’s technology. All statements
other than statements of historical fact contained in this press
release may be forward-looking statements. Some of these
forward-looking statements can be identified by the use of
forward-looking words, including “may,” “should,” “expect,”
“intend,” “will,” “estimate,” “anticipate,” “believe,” “predict,”
“plan,” “seek,” “targets,” “projects,” “could,” “would,”
“continue,” “forecast” or the negatives of these terms or
variations of them or similar expressions. All forward-looking
statements are subject to risks, uncertainties, and other factors
which could cause actual results to differ materially from those
expressed or implied by such forward-looking statements. All
forward-looking statements are based upon estimates, forecasts and
assumptions that, while considered reasonable by NUBURU and its
management, are inherently uncertain and many factors may cause the
company’s actual results to differ materially from current
expectations which include, but are not limited to: (1) the ability
to continue to meet the security exchange’s listing standards; (2)
failure to achieve expectations regarding its product development
and pipeline; (3) the inability to access sufficient capital to
operate as anticipated, whether from Lincoln Park Capital Fund, LLC
or other sources; (4) the inability to recognize the anticipated
benefits of the business combination, which may be affected by,
among other things, competition, the ability of the company to grow
and manage growth profitably, maintain relationships with customers
and suppliers and retain its management and key employees; (5)
changes in applicable laws or regulations; (6) the possibility that
NUBURU may be adversely affected by other economic, business and/or
competitive factors; (7) volatility in the financial system and
markets caused by geopolitical and economic factors; (8) failing to
realize benefits from partnerships; (9) the inability to deploy the
capital raised efficiently; and (10) other risks and uncertainties
set forth in the sections entitled “Risk Factors” and “Cautionary
Note Regarding Forward-Looking Statements” in NUBURU’s most recent
periodic report on Form 10-K or Form 10-Q and other documents filed
with the Securities and Exchange Commission from time to time.
These filings identify and address other important risks and
uncertainties that could cause actual events and results to differ
materially from those contained in the forward-looking statements.
Nothing in this press release should be regarded as a
representation by any person that the forward-looking statements
set forth herein will be achieved or that any of the contemplated
results of such forward-looking statements will be achieved. You
should not place undue reliance on forward-looking statements,
which speak only as of the date they are made. NUBURU does not give
any assurance that it will achieve its expected results. NUBURU
assumes no obligation to update or revise these forward-looking
statements, whether as a result of new information, future events
or otherwise, except as otherwise required by applicable law.
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version on businesswire.com: https://www.businesswire.com/news/home/20231115875348/en/
Investor Relations: Cody Slach & Ralf Esper Gateway
Group, Inc. BURU@gateway-grp.com (949) 574-3860
Media Relations: Zach Kadletz & Anna Rutter Gateway
Group, Inc. BURU@gateway-grp.com (949) 574-3860
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