Dec. 4 at 6:06 PM
$DTCK $AAPL $TSLA $MSFT $NVDA Nuburu (BURU) shares were impacted by news of a new
$6.6 million contract in Bangladesh.
Contract Details
Value: The contract is valued at
$6.6 million.
Partner: Nuburu secured this contract through its strategic partnership with the Italian company Tekne S.p.A.
Client: The contract is with a government agency in Bangladesh.
Share Impact: News of the contract, coupled with a recent
$12 million capital raising and other defense sector expansions, contributed to a significant increase in Nuburu's share price between late September and early October 2025.
Nuburu's Strategic Shift
This contract is part of Nuburu's strategic transformation to establish a defense and security hub, leveraging blue laser technology, and expand into defense systems and software through partnerships and acquisitions. Nuburu Defense LLC supported Tekne in securing and fulfilling this specific international contract as part of their action plan.
