Nuburu Inc Awarded $850,000 Phase II Contract With NASA For Blue Laser Space Technology, Co's To Demonstrate Feasibility Of Surface Power Management Solutions Using Blue Laser Technology
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NUBURU, Inc. (NYSE:BURU) has been awarded an $850,000 Phase II contract by NASA to advance its blue laser power transmission technology for Lunar and Martian applications. This technology aims to reduce the size and weight of power beaming equipment, offering a unique solution for power management in space. The contract builds on a successful Phase I SBIR project and aligns with NASA's Artemis program goals. NUBURU's technology has potential applications in various sectors including industrial, medical, defense, and more.
May 06, 2024 | 1:11 pm
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NUBURU, Inc. (NYSE:BURU) has been awarded an $850,000 contract by NASA to develop blue laser technology for space applications, potentially revolutionizing power management on the Moon and Mars.
The award of an $850,000 Phase II contract by NASA to NUBURU, Inc. for the development of blue laser power transmission technology signifies a major endorsement of the company's technology and its potential applications in space. This contract not only validates the feasibility and innovative nature of NUBURU's technology but also aligns with strategic goals of NASA's Artemis program, aiming to return humans to the moon permanently. The potential for this technology to reduce the size and weight of power beaming equipment for Lunar and Martian applications could lead to significant advancements in space exploration and power management. Furthermore, the mention of terrestrial applications and the broad range of markets that could benefit from this technology suggest a wide-reaching impact, potentially driving up investor interest and stock value in the short term.
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