Nuburu was a company that developed high-power blue laser technology for industrial applications and was shifting focus towards licensing and joint development post-foreclosure.

# Company Summary

## Business Focus
- Develops and delivers high-power, high-brightness blue laser technology for industrial applications
- Key applications include welding, 3D printing, EV batteries, medical device production, large screen displays, and cell phone components
- Currently shifting focus toward licensing and joint development within specific verticals such as defense industry, following the foreclosure of patent collateral

## Technology & Intellectual Property
- Prior to foreclosure, held approximately 220 patents/pending patents globally covering:
  - Blue laser applications for welding
  - Single-mode blue laser technology
  - Blue Raman laser technologies
  - Addressable array technologies
  - 3D printing using blue lasers
- Benefits of blue lasers:
  - Better absorption by metals like gold, copper, silver, aluminum (compared to infrared lasers)
  - Improvements in part quality, yield, and production speed
  
## Product Lines
- Launched the high-power blue laser models: AO-150, AO-500, AO-200, AO-650
- Introduced BL™ series lasers, including BL-250 (launched January 2023), scalable to multi-kilowatt levels (e.g., combining four BL-250 modules for over 1,000 Watts continuous power)

## Commercial & Manufacturing Operations
- Based in Centennial, Colorado
- Manufacturing operations are expected to be discontinued post-foreclosure
- Focus is now on licensing and outsourced production arrangements
- Maintains existing supply and licensing agreements

## R&D & Development
- Focused on scalable laser modules within the BL™ series
- After foreclosure, shifted R&D efforts to defense-related applications
  
## Industry & Market
- Operates in the industrial laser market, competing with companies such as Coherent, Inc., IPG Photonics, nLight, Laserline, Lumentum, Raycus, Trumpf, and TeraDiode
- Key advantages include higher energy efficiency, faster processing, greater part strength, smaller part size, and improved quality for reflective metals

## Customer & Employee Data
- Employees as of March 31, 2025: **8 full-time employees**
- Customer engagement involves long-term discussions, with adoption timelines of 18-24 months
- During 2024, the company experienced financial challenges, including defaults and foreclosure-related adjustments

## Financial Overview
- No recent revenue or income figures provided
- As of December 31, 2024:
  - Operating losses: **$34,515,754**
  - Accumulated deficit: **$131,806,605**
- The company expects continued losses until commercialization and revenue generation are achieved
- Completed the foreclosure process in March 2025, transferring patent collateral to lenders
- Remaining obligations include overdue payables and redemption obligations for Series A Preferred Stock, payable when funds are available

## Strategic Initiatives
- Diversification efforts through acquisitions, investments in defense, SaaS, and other strategic targets
- Recently entered into multiple funding agreements, strategic investments, and debt transactions to support operational and growth plans
- Shifted focus toward licensing, joint development, and expanding application verticals, particularly defense and related sectors

Nuburu, Inc. is a leader in high-power blue laser technology, focusing on transformative applications in manufacturing across multiple industries including e-mobility, healthcare, consumer electronics, and 3D printing.

# Nuburu, Inc. Overview

## Corporate Background
- **Incorporation**: Nuburu, Inc. was originally incorporated in Delaware on July 21, 2020, under the name "Tailwind Acquisition Corp." as a special purpose acquisition company. 
- **Business Combination**: On January 31, 2023, Nuburu consummated a business combination with Nuburu Subsidiary, Inc., changing its name to Nuburu, Inc. Following this transaction, Nuburu became the owner of all equity interests of Nuburu Subsidiary, Inc. and its subsidiaries.

## Industry Focus
Nuburu is an innovator in high-power, high-brightness blue laser technology. The company aims to revolutionize manufacturing across various sectors, including:

- **E-Mobility**: Technologies for electric vehicles and battery production.
- **Healthcare**: Applications in medical technology and devices.
- **Consumer Electronics**: Laser technologies for producing components for cell phones, large screens, etc.
- **3D Printing**: Advanced capabilities in metal 3D printing.

## Technology
- Nuburu's laser technology significantly improves manufacturing efficiency by using blue lasers, which provide better absorption in reflective metals (e.g., gold, copper, aluminum) compared to traditional infrared lasers.
- The company holds approximately **220 patents**, protecting innovations in blue laser applications, technologies, and 3D printing.

## Operations
- **Employees**: As of February 29, 2024, Nuburu had **46 full-time employees**.
- **Facilities**: The company operates from a **30,000 square foot** facility in Centennial, Colorado, which encompasses manufacturing, testing, research, and development.

## Financial Performance
- **Revenue**: For the year ended December 31, 2023, Nuburu reported **$2.08 million** in revenue, an increase from **$1.44 million** in 2022.
- **Net Loss**: The net loss for the same period was approximately **$20.71 million**, compared to a net loss of **$14.13 million** in 2022. Nuburu has a cumulative deficit of approximately **$81.9 million** as of the end of 2023.

## Customers and Market Opportunity
- Nuburu serves a **growing customer base of over 30 customers**, with systems delivered to well-known companies in key industries. The company has been actively working on application tests and has a strong customer pipeline for its laser light engines.
- Nuburu estimates its **serviceable addressable market (SAM)** to grow from roughly **$4 billion today to approximately $33 billion over the next decade**.

## Strategic Goals
- Nuburu plans to continue expanding operations in manufacturing and product development, addressing both existing and emerging markets with its innovative blue laser technology. This includes enhancing laser production capabilities and achieving greater efficiencies.

## Conclusion
Nuburu, Inc. represents a significant player in the laser technology space, focusing on sustainable manufacturing solutions with a rapidly growing market presence and notable advancements in efficiency through innovative technologies. Despite current financial losses, the company's strategic goals and expanding market opportunities position it favorably for future growth.

Nuburu, Inc.

10-K / April 30, 2025

10-K / September 6, 2024

10-K / April 30, 2025

Company Summary

Business Focus

Technology & Intellectual Property

Product Lines

Commercial & Manufacturing Operations

R&D & Development

Industry & Market

Customer & Employee Data

Financial Overview

Strategic Initiatives