Nuburu Inc. announced the acquisition of Orbit S.r.l., an Italian software company specializing in digitalizing operational resilience solutions. Through its subsidiary Nuburu Defense, the company will invest up to $5 million in Orbit and acquire all outstanding ownership interests for a total of $12.5 million, comprising cash and securities. The proceeds will support Orbit's working and growth capital needs. The transaction has been approved by Nuburu's independent directors due to its related party nature.
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