Established Italian manufacturer adds approximately 185 personnel and three facilities as management focuses on customer programs, deliveries and cash generation DENVER --(BUSINESS WIRE)-- NUBURU, Inc. (NYSE American: BURU) (“NUBURU” or the “Company”) today highlighted the completion of its acquisition of a 70% controlling interest in TEKNE S.p.A . (“TEKNE”), its previously reported stockholders’ equity position, and its operating priorities as the Company’s NYSE American equity compliance plan period approaches its October 29, 2026 deadline. The completed TEKNE acquisition advances NUBURU’s transformation into an integrated defense and security technology business. TEKNE brings an established Italian defense manufacturer with approximately 185 personnel across three facilities in Ortona, Poggiofiorito and Guastalla, capabilities spanning specialized vehicles, defense mobility and electronic warfare. The Company’s October 22, 2026 commercial update reported categories totaling approximately $96.8 million of remaining order and program value in TEKNE’s September operating schedule. This preliminary, unaudited measure covers 100% of TEKNE and includes conditional items; it is not validated signed backlog, recognized revenue or a revenue forecast. Realization depends on program activation where required, production funding, delivery, customer acceptance and collection. With the transaction closed, management’s focus is on integration, execution and measurable financial results. TEKNE Acquisition Expands NUBURU’s Industrial Foundation NUBURU’s 70% controlling interest in TEKNE extends the Company’s operating presence beyond its historical laser technology business into established industrial manufacturing serving defense and security customers. TEKNE’s facilities, workforce and specialized technologies provide the industrial base for NUBURU’s integrated defense and security strategy, and create opportunities to coordinate TEKNE’s manufacturing expertise with NUBURU’s laser technologies and complementary software capabilities. Financial Position and NYSE American Compliance As of June 30, 2026 , NUBURU reported stockholders’ equity of approximately $10.13 million , above the $4.0 million stockholders’ equity threshold identified in its prior NYSE American compliance disclosures. This marked the Company’s second consecutive quarter of positive stockholders’ equity, following a stockholders’ deficit of approximately $15.18 million at December 31, 2025 . The Company’s compliance plan period under its NYSE American continued listing standards concludes on October 29, 2026 . Any determination regarding the Company’s compliance status rests with NYSE American, and NUBURU will communicate material developments regarding its listing status through its established public disclosure channels. From Orders to Deliveries, Revenue and Cash With TEKNE in the group, NUBURU is placing increased emphasis on converting its industrial capabilities and signed order book into measurable business performance. The Company’s operational priorities are: Order execution: advancing customer orders through manufacturing and fulfillment. Deliveries: completing and delivering products and systems on schedule. Revenue realization: translating completed commercial activity into recognized revenue. Cash collections: driving working capital, customer payments and cash generation. Financial discipline: aligning operating expenditures and capital allocation with business priorities. The objective is straightforward: convert orders into deliveries, deliveries into revenue, and revenue into cash — building the foundation for sustainable growth and long-term shareholder value. Completed Milestones and Near-Term Priorities Completed milestones Completed the acquisition of a 70% controlling interest in TEKNE S.p.A . on October 15, 2026 . Expanded the industrial operating base through TEKNE’s established Italian manufacturing operations. Added capabilities in specialized vehicles, defense mobility and electronic warfare. Reported stockholders’ equity of approximately $10.13 million as of June 30, 2026 , above the $4.0 million threshold identified in prior NYSE American compliance disclosures. Near-term priorities Advance integration of TEKNE’s manufacturing and operating capabilities. Prioritize conversion of orders into deliveries, recognized revenue and cash collections. Develop commercial opportunities across defense mobility, electronic warfare, laser technologies and complementary software. Maintain financial discipline and oversight of capital resources. Provide shareholders with measurable operational and financial updates, including on applicable listing requirements. Management Commentary Alessandro Zamboni , Executive Chairman and Co-CEO of NUBURU, commented: “NUBURU today is a fundamentally different company from the one that entered 2026. We have closed TEKNE , repaid approximately $16.75 million of principal under our December 2025 debenture