NUBURU has completed its acquisition of a 70% controlling interest in @TekneGroup . This is a major step in building our integrated Defense & Security platform. businesswire.com/news/home/2… Tekne brings established engineering, manufacturing and operational capabilities. These support our expansion across U.S., NATO and allied markets. ▪ Approximately $93.1 million in remaining program value* ▪ Approximately 185 personnel across three facilities in Italy ▪ Capabilities in electronic warfare, special vehicles and defense mobility ▪ More than 30 years of industrial expertise Under the revised transaction terms: ▪ The earn-out cap is reduced from approximately €29.7 million to €20 million, payable in cash. No shares will be issued for earn-out payments. ▪ Approximately €29.7 million of shareholder loans and other receivables have been converted into permanent Tekne equity. Our priorities now are integrating these capabilities, delivering on existing programs and building a unified platform. That platform will combine directed energy, electronic warfare, defense mobility and operational resilience software. $BURU #NUBURU #Tekne #DefenseTech