The US company NUBURU, which specializes in high-performance industrial lasers, is currently evaluating strategic options including a possible sale. According to media reports, the investment bank Northland Capital Markets has been mandated as financial advisor to assess the entire spectrum of strategic alternatives.
In addition to a sale, these include a merger, partial sales, a recapitalization, a delisting and other significant transactions. NUBURU stated that there is no timeline for the review and no decision has been made on any of the options.
The California-based company specializes in high-power diode lasers in the blue spectral range. These are suitable for additive manufacturing, among other things. In June 2022, NUBURU delivered the first units as part of a collaboration with Essentium, a manufacturer of 3D printers. The aim is to develop a platform for the laser melting process based on NUBURU laser technology.
Also last year, NUBURU announced a partnership with GE Additive to explore the benefits of blue lasers for metal-based additive manufacturing. The wavelength in the blue spectral range enables finer focusing and therefore potentially more accurate components.
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