NUBURU Expands Automotive Manufacturing Offering with Wire Welding Solutions, Enabling High Yield Needed for Mass Production
19 12월 2023 - 10:00PM
Business Wire
Secures Purchase Order for BlueScan Solution
from a Worldwide Leader in Coils and Motors Production, Replacing
Traditional Arc Welding with Next-Gen Blue Laser Wire Welding
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 received a
purchase order for its BlueScan solution from a worldwide leader in
coil and motor winding and assembly systems to produce electric
motors. The Company’s BlueScan solution includes a BL-250 laser,
scanner and optics that will be supplied to the customer’s research
and development (R&D) lab where the automotive solenoid
manufacturing production process will be validated.
Historically, arc welding is used for this application, but is
limited by production speed as well as frequently required
post-welding processing. By comparison, the BlueScan solution
enables wire to post welding without porosity or the spatter
associated with arc welding or infrared fiber lasers. NUBURU’s
solution is faster and enables the high yield needed for mass
production.
Brian Knaley, CEO of NUBURU, commented: “While we
continue expanding our product offering to more high growth
industries and applications, I’m excited about the extension of our
BL-250 laser system within the E-mobility market, as it represents
one of the largest and fastest growing serviceable addressable
market for NUBURU.”
The order is a natural extension of the Company’s advancement
into next-generation computers, consumer electronics and
communication (3C) device manufacturing and marks a significant
expansion in offering to the growing EV automotive industry.
In adherence to strict confidentiality agreements, we cannot
disclose the name of the prestigious company we have received the
purchase order from. Our commitment to not disclose specifics
underscores our dedication to maintaining the trust and
confidentiality that are paramount to our partnerships.
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 its partnership with GE
Additive. 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. Forward-looking
statements in this press release include, among other things:
anticipated benefits associated with laser-based additive
manufacturing. 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 the partnership with GE Additive; and (9)
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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20231219462341/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
Nuburu (AMEX:BURU)
과거 데이터 주식 차트
부터 12월(12) 2024 으로 1월(1) 2025
Nuburu (AMEX:BURU)
과거 데이터 주식 차트
부터 1월(1) 2024 으로 1월(1) 2025