Nuburu to Establish Defense Hub in Italy with Tekne Acquisition
Nuburu plans to acquire 70% of Tekne and establish Nuburu Defense Italia, focusing on integrating various defense technologies. This initiative aims to capitalize on Italy's growing defense budget, projected to exceed €80 billion by 2035, creating significant opportunities for the industry.
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Nuburu is set to acquire 70% of Tekne, creating Nuburu Defense Italia to integrate technologies such as electronic warfare, laser systems, and command software. By 2035, Italy's defense spending is expected to exceed €80 billion, prompting Nuburu to invest in local production and technological capabilities.
The initiative will enhance Tekne's production capacity and foster collaboration with startups. Nuburu aims to generate cumulative revenues of approximately $648 million between 2026 and 2030. The establishment of Nuburu Defense Italia will ensure governance over intellectual property while positioning the company to support NATO markets. The current focus includes anti-drone technology, critical infrastructure defense, and underwater applications, emphasizing an ecosystem approach to technology integration.
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