Streetbeat News

BURU

Nuburu, Inc.

https://www.nuburu.net

Industry

Industrial - Machinery

Nuburu, Inc. develops high power precision blue light engine lasers for the metal processing and 3D printing industries worldwide. The company offers Nuburu AO and NUBURU BL series lasers. Its products have applications in battery, e-mobility, consumer electronics, and 3D printing metal systems. Nuburu, Inc. is headquartered in Centennial, Colorado.

Open

0.42

Mkt cap

7.4M

Volume

3.9M

High

0.45

P/E Ratio

-0.01

52-wk high

4.45

Low

0.40

Div yield

N/A

52-wk low

0.02

NUBURU, Inc. (NYSE:BURU) has secured $65 million in financing from Liqueous LP, including a $15 million direct investment and a $50 million equity line of credit. This funding will help accelerate the commercialization of their industrial blue laser technology.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 6:00 am

In Friday's pre-market session, several industrial stocks experienced significant movements. Notable gainers included noco-noco (NCNC) with a 101.7% increase, and Spirit Airlines (SAVE) was a major loser with a 33.9% drop.

Portfolio Pulse from Benzinga Insights

October 04, 2024 | 12:07 pm

Phoenix Motor Inc. (NASDAQ:PEV) shares surged 150.2% in pre-market trading after reporting a significant year-over-year increase in first-quarter financial results, with adjusted earnings of 44 cents per share and a 427.79% increase in sales. Other stocks also showed notable pre-market movements, including Vicinity Motor Corp, Biodesix, and Spirit Airlines, which is reportedly discussing potential bankruptcy.

Portfolio Pulse from Avi Kapoor

October 04, 2024 | 9:49 am

The article highlights the intraday movements of various industrial stocks on Tuesday. AgEagle Aerial Systems saw a significant rise of 73.4%, while Lakeside Holding experienced a notable decline of 15.7%. Other stocks like Roma Green Finance, Nano Nuclear Energy, and Acuity Brands also showed significant price changes.

Portfolio Pulse from Benzinga Insights

October 01, 2024 | 4:30 pm

Several industrial stocks experienced significant price movements during Thursday's after-market session. Notable gainers included Multi Ways Holdings, ShiftPixy, and Addentax Group, while Nuburu, Resideo Technologies, and Armlogi Holding were among the losers. Armlogi Holding's decline coincided with the release of its Q4 earnings.

Portfolio Pulse from Benzinga Insights

September 26, 2024 | 8:31 pm

Summit Therapeutics shares surged 38.8% in pre-market trading after announcing positive results for Ivonescimab Monotherapy in treating advanced NSCLC in China. Other notable pre-market movers include Intelligent Bio Solutions, Tonix Pharmaceuticals, and Nuburu, among others.

Portfolio Pulse from Avi Kapoor

September 09, 2024 | 10:08 am

NUBURU has announced a partnership with Ohio State University's Center for Design and Manufacturing Excellence (CDME) and received a purchase order for its advanced BlueScan solution, which features the BL-250 laser.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 12:14 pm

Nuburu has received a Notice of Allowance for its U.S. Patent Application 16/550,216, titled 'Blue Laser Metal Additive Manufacturing System'. This patent is expected to enhance Nuburu's technological capabilities in the metal additive manufacturing sector.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 2:34 pm

US stocks traded mixed with the Dow Jones gaining slightly while the NASDAQ and S&P 500 fell. Headline CPI inflation fell to 2.9% in July, below the forecast. Avalon Globocare, Digital Ally, and Nuburu saw significant stock price increases, while Ouster, Verrica Pharmaceuticals, and European Wax Center experienced notable declines.

Portfolio Pulse from Avi Kapoor

August 14, 2024 | 2:06 pm

Serve Robotics Inc. (NASDAQ:SERV) shares rose 14% in pre-market trading after reporting better-than-expected second-quarter sales. Other notable pre-market movers include Digital Ally, Inc. (NASDAQ:DGLY) up 80.7% after a patent grant, and Ouster, Inc. (NYSE:OUST) down 16.9% after weak sales results and guidance.

Portfolio Pulse from Avi Kapoor

August 14, 2024 | 9:35 am

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