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 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.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 1:11 pm

In Friday's after-market session, several industrials stocks saw significant movements. Nauticus Robotics, Atmus Filtration Techs, EnerSys, Simpple, Sidus Space, and Knightscope were among the gainers, with increases ranging from 3.6% to 5.7%. Conversely, Astra Space, Professional Diversity, Swvl Hldgs, Nuburu, Getaround, and Agrify experienced declines between 2.17% and 5.0%. Atmus Filtration Techs' stock rise followed their Q1 earnings release.

Portfolio Pulse from Benzinga Insights

May 03, 2024 | 8:31 pm

In Thursday's intraday session, several industrials stocks experienced significant movements. Enovix, Avis Budget Group, Pitney Bowes, Nuburu, Valmont Industries, and Howmet Aerospace were among the gainers, with increases ranging from 15.36% to 35.3% following their Q1 earnings reports. Conversely, Vestis, Driven Brands Holdings, Energy Recovery, Professional Diversity, Enviri, and Paycom Software were among the losers, with decreases ranging from 12.82% to 41.4%, mostly due to their latest earnings reports.

Portfolio Pulse from Benzinga Insights

May 02, 2024 | 4:31 pm

In Friday's after-market session, several industrials stocks showed notable movements. Knightscope (KSCP) led the gainers with a 5.6% increase, while Caravelle Intl Gr (CACO) experienced the largest drop among the losers, falling 18.8%. Other stocks also saw movements, with increases for Getaround (GETR), Ocean Power Techs (OPTT), Complete Solaria (CSLR), C3is (CISS), and Byrna Technologies (BYRN), and declines for Intelligent Living (ILAG), Astra Space (ASTR), Professional Diversity (IPDN), AERWINS Technologies (AWIN), and Nuburu (BURU).

Portfolio Pulse from Benzinga Insights

April 26, 2024 | 8:31 pm

NUBURU's stock price increased following the announcement of a $3 million investment in its common stock by investors, alongside initial purchase orders from new customers.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 3:03 pm

Trading of Nuburu shares has resumed.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 2:40 pm

NUBURU, Inc. (NYSE:BURU) announced a $3 million investment from strategic investors and initial orders from new customers in new markets. The investment, led by fintech leader Alessandro Zamboni, aims to accelerate NUBURU's growth and revenue generation. The company received an order to supply BL-300s for EV battery module production, highlighting its expansion into the sustainable energy market. NUBURU plans to call a special stockholders meeting to approve additional common stock issuance for strategic acquisitions.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 2:22 pm

Trading of Nuburu shares has been temporarily halted due to pending news. Investors are awaiting further details.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 2:00 pm

In Monday's pre-market session, Vast Renewables, Nuburu, American Rebel Holdings, Graham, Astra Space, and Shimmick saw gains, while Nuvve Holding, 3M, FREYR Battery, Energous, Quhuo, and Pineapple Energy experienced declines. Notable movements include Vast Renewables' 211.7% increase and 3M's 14.21% decrease.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 12:08 pm

In Thursday's after-market session, several industrials stocks saw significant movements. Zoomcar Holdings (ZCAR) and Li-Cycle Holdings (LICY) led the gainers with over 11% increases in their stock prices, while Sidus Space (SIDU) and Royalty Management Holdings (RMCO) were among the top losers, with SIDU dropping over 25%. TTEC Holdings (TTEC) also fell by 8.31% following its Q4 earnings report.

Portfolio Pulse from Benzinga Insights

February 29, 2024 | 9:31 pm

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