NUBURU Delivered First Units Under Partnership With Essentium In Additive Manufacturing For Metal Industrial Parts
Portfolio Pulse from Happy Mohamed
NUBURU (NYSE:BURU) has delivered its first units of high-power industrial blue laser technology to Essentium under a multi-year, multi-million-dollar agreement. The partnership aims to develop a blue laser-based metal additive manufacturing platform for industrial markets such as automotive, aerospace, and defense.
May 30, 2023 | 8:09 pm
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NUBURU's delivery of its first units to Essentium marks the initial execution of their multi-million-dollar agreement, potentially leading to increased revenue and growth.
The delivery of NUBURU's first units to Essentium signifies the beginning of their partnership, which is expected to result in strong growth across new applications and markets. This partnership will likely lead to increased revenue for NUBURU and a positive impact on its stock price in the short term.
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