subslover
9 months ago
NUBURU Announces Contract With NASA for Next-generation Blue Laser Space Technology
NASA and NUBURU to Demonstrate the Feasibility of Surface Power Management Solutions Using Blue Laser Technology
NUBURU’s Blue Laser Technology Provides Unique Solution that Reduces Size and Weight of Equipment Needed for Power Beaming Deployment on the Moon and Mars
CENTENNIAL, Colo.--(BUSINESS WIRE)-- NUBURU, Inc. (“NUBURU” or the “Company”) (NYSE American: BURU), a leading innovator in high-power and high-brightness industrial blue laser technology, today announced it has been awarded a contract by the National Aeronautics and Space Administration (“NASA”) to demonstrate the feasibility of power beaming in space using the Company’s proprietary Blue Laser technology. Through NASA’s Small Business Innovation Research (“SBIR”) funding initiative, NUBURU has been selected to create a qualified solution that mitigates the high costs associated with transporting copper or aluminum wires that are critical to provide power to lunar or planetary bases in remote locations.
“Power beaming is one of the only effective and economical solutions to the power management challenges facing NASA and other space operators today,” said Mark Zediker, CEO of NUBURU. “Powered by our Blue Laser technology, the system we are developing will provide a unique solution that dramatically reduces the size and weight of the equipment needed to meet regular mission needs.”
During the initial phase of the project, NUBURU will focus its efforts on establishing the scientific, technical and commercial merit and feasibility of its technology. From there, NUBURU aims to create a commercially viable product to tackle this ongoing problem and continue to develop innovative space-qualified hardware.
In addition to tackling the core business challenges associated with power transmission, NUBURU’s laser technology can provide visual guidance to astronauts due to the scatter off either the fine regolith powder suspended above the moon’s surface or the Rayleigh Scattering off the Martian atmosphere and thus creating a guided highway across these surfaces. NUBURU’s Blue Laser power beaming system will also be equipped with a high bandwidth laser communication link, ensuring laser safety and enabling data transmission between widely spaced habitats.
NASA’s SBIR program funds the research, development, and demonstration of innovative technologies that fulfill NASA needs as described in the annual solicitations and have significant potential for successful commercialization. This three-phase process begins with a six-month idea generation period followed by a two-year prototype development phase that then leads to commercialization.
For more information on NUBURU’s Blue Laser technology and capabilities, visit: www.nuburu.net.
About NUBURU
Founded in 2015, NUBURU, Inc. (NYSEAM: BURU) is a developer and manufacturer of industrial blue lasers that leverage fundamental physics and their high-brightness, high-power design to produce faster, higher quality welds and parts than current lasers can provide in laser welding and additive manufacturing of copper, gold, aluminum and other industrially important metals. NUBURU’s industrial blue lasers produce minimal to defect-free welds that are up to eight times faster than the traditional approaches — all with the flexibility inherent to laser processing. For more information, please visit www.nuburu.net.
Forward-Looking Statements
This press release contains certain “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including the anticipated use of proceeds from the private placement and relating to the conversion of the Convertible Notes and the exercise of the Warrants. All statements other than statements of historical fact contained in this press release may be forward-looking statements. Some of these forward-looking statements can be identified by the use of forward-looking words, including “may,” “should,” “expect,” “intend,” “will,” “estimate,” “anticipate,” “believe,” “predict,” “plan,” “seek,” “targets,” “projects,” “could,” “would,” “continue,” “forecast” or the negatives of these terms or variations of them or similar expressions. All forward-looking statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. All forward-looking statements are based upon estimates, forecasts and assumptions that, while considered reasonable by NUBURU and its management, are inherently uncertain and many factors may cause the company’s actual results to differ materially from current expectations which include, but are not limited to: (1) the ability to continue to meet the security exchange’s listing standards; (2) failure to achieve expectations regarding its product development and pipeline; (3) the inability to access sufficient capital to operate as anticipated, whether from Lincoln Park Capital Fund, LLC or other sources; (4) the inability to recognize the anticipated benefits of the business combination, which may be affected by, among other things, competition, the ability of the company to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (5) changes in applicable laws or regulations; (6) the possibility that NUBURU may be adversely affected by other economic, business and/or competitive factors; (7) volatility in the financial system and markets caused by geopolitical and economic factors; (8) failing to realize benefits from partnerships; (9) the inability to deploy the capital raised efficiently; and (10) other risks and uncertainties set forth in the sections entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in NUBURU’s most recent periodic report on Form 10-K or Form 10-Q and other documents filed with the Securities and Exchange Commission from time to time. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. NUBURU does not give any assurance that it will achieve its expected results. NUBURU assumes no obligation to update or revise these forward-looking statements, whether as a result of new information, future events or oth
subslover
1 year ago
NUBURU Receives Patents for Blue Laser Welding and Multi-kilowatt Blue Lasers
CENTENNIAL, Colo.--(BUSINESS WIRE)-- NUBURU, Inc. (“NUBURU” or the “Company”) (NYSE American: BURU), a leading innovator in high-power and high-brightness industrial blue laser technology, today announced that it has received additional patents that expand its intellectual property portfolio, broadly covering blue lasers for use in welding and other applications.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230421005089/en/
https://mms.businesswire.com/media/20230421005089/en/1770671/4/Picture3.jpg
Compares welding using NUBURU’s base laser in the three different applications with welding performed using existing alternative methods. (Graphic: Business Wire)
“These new patents expand our broad patent estate around blue lasers, particularly for welding copper and other metals,” said Dr. Mark Zediker, CEO and Co-Founder of NUBURU. “These patents also cover technologies like multi-kilowatt class blue lasers that have significant advantages compared to infrared lasers available from industry incumbents.”
NUBURU believes that its intellectual property provides strong protection to NUBURU’s blue laser technology and processes. Despite the significant advantages and efficiencies of blue lasers, major incumbents IPG Photonics (NYSE: IPGP), Coherent (NYSE: COHR), Lumentum (NASDAQ: LITE), and nLIGHT (NASDAQ: LASR) have not released an industrial blue laser, relying on infrared technology instead.
On March 28, 2023, the U.S. Patent and Trademark Office (USPTO) granted NUBURU’s patent for “Methods and systems for welding copper and other metals using blue lasers” (US Patent 11,612,957). This patent describes NUBURU’s blue laser technology and processes for welding multiple metal types and alloys including copper, aluminum, and stainless steel. The Company believes this patent provides technology and processes for more efficiently manufacturing batteries for electric vehicles, cell phones, and other electronic devices.
On April 14, 2023, the European Patent Office (EPO) granted NUBURU’s patent for “Multi KW Class Blue Laser System” (European Patent EP 3704772). As explained in the patent, “embodiments of the present inventions relate to a multi-kW-class blue fiber-coupled laser systems used for materials processing and laser welding applications, and in particular wavelengths in the wavelength range of about 400 nm to about 495 nm.” This unique beam combination methodology results in a laser source that is ideal for 3D printing applications as well as welding copper and other materials for building electric vehicles, cell phones, and other electronic products.
As of March 31, 2023, NUBURU has 190+ granted and pending patent applications throughout the world. The granted patents and pending applications cover all aspects of NUBURU’s technology and processes. NUBURU continues to prosecute the pending applications through to granted patents across multiple geographies to further protect NUBURU’s innovative and novel technology and processes for use in what NUBURU estimates to be a multi-billion-dollar serviceable addressable market (SAM).1
About NUBURU
Founded in 2015, NUBURU, Inc. (NYSE American: BURU) is a developer and manufacturer of industrial blue lasers that leverage fundamental physics and their high-brightness, high-power design to produce faster, higher quality welds and parts than current lasers can provide in laser welding and additive manufacturing of copper, gold, aluminum and other industrially important metals. NUBURU’s industrial blue lasers produce minimal to defect-free welds that are up to eight times faster than the traditional approaches — all with the flexibility inherent to laser processing. For more information, please visit www.nuburu.net.
Forward-Looking Statements
This press release contains certain “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including certain projections on market size and growth and application of NUBURU’s blue laser. All statements other than statements of historical fact contained in this press release may be forward-looking statements. Some of these forward-looking statements can be identified by the use of forward-looking words, including “may,” “should,” “expect,” “intend,” “will,” “estimate,” “anticipate,” “believe,” “predict,” “plan,” “seek,” “targets,” “projects,” “could,” “would,” “continue,” “forecast” or the negatives of these terms or variations of them or similar expressions. All forward-looking statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. All forward-looking statements are based upon estimates, forecasts and assumptions that, while considered reasonable by NUBURU and its management, are inherently uncertain and many factors may cause the Company’s actual results to differ materially from current expectations which include, but are not limited to: (1) the ability to continue to meet the security exchange’s listing standards; (2) failure to achieve expectations regarding its product development and pipeline; (3) the inability to access sufficient capital to operate as anticipated; (4) the inability to recognize the anticipated benefits of the business combination, which may be affected by, among other things, competition, the ability of the company to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (5) changes in applicable laws or regulations; (6) the p
PENNIEStoSTACKS
1 year ago
$BURU - Deal with DOD - U.S. AIR FORCE - ESSENTIUM
OS 33.39M
https://finance.yahoo.com/quote/BURU/key-statistics?p=BURU
I wonder if any of these Companies are using the BURU Tech as well ? $COHR $LASR $LMT $TSLA $F $TM $GE $AAPL $MMM $NIO $LCID
Scroll down the link to see why I ask that question
NUBURU Selected by U.S. Department of Defense for Position on Contract for High Energy Laser Systems
https://finance.yahoo.com/news/nuburu-selected-u-department-defense-123000525.html[/url]
Rolls-Royce North American Technologies Inc., doing business as Liberty Works, Indianapolis, Indiana (N0017823D4300); General Atomics, San Diego, California (N0017823D4302); Dynetics Inc., Huntsville, Alabama (N0017823D4301); II-VI Aerospace & Defense, Murrieta, California (N0017823D4303); Lockheed Martin Aculight Corporation Systems, Bothell, Washington (N0017823D4304); nLIGHT Nutronics Inc., Longmont, Colorado (N0017823D4305); and NUBURU Inc.,* Englewood, Colorado (N0017823D4306), were awarded a combined $75,000,000 firm-fixed-price, indefinite-delivery/indefinite-quantity, multiple award contract for the fabrication and delivery of prototypes and equipment in support of solid-state high energy laser (HEL) weapon systems.
https://www.defense.gov/News/Contracts/Contract/Article/3332066
NUBURU Awarded SBIR Phase II Contract by U.S. Air Force to Develop Blue Laser-Based Area Printing Additive Manufacturing System
https://www.businesswire.com/news/home/20220823005370/en/NUBURU-Awarded-SBIR-Phase-II-Contract-by-U.S.-Air-Force-to-Develop-Blue-Laser-Based-Area-Printing-Additive-Manufacturing-System
NUBURU and Essentium Partner to launch Blue Laser-based wire feed metal 3D Printers
https://www.designworldonline.com/nuburu-and-essentium-partner-to-launch-blue-laser-based-wire-feed-metal-3d-printers
https://www.nuburu.net
https://essentium.com
https://afwerx.com
https://s202.q4cdn.com/722195603/files/doc_presentation/NUBURU_Investor-Presentation_December-2022.pdf
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