BURU Stock Climbs 13%: Company Says Ukraine-Focused Project Could Generate Up To $140 Million

• GRAELION vehicles are already in use in Ukraine for demining operations and a military-grade version has been commercialized in Italy.
• Nuburu said it expects to generate initial Phase 1 revenue of about $5.7 million to $11.5 million.
• The company recently formed a joint venture with Maddox Defense while its unit Lyocon completed proof-of-concept testing of a portable laser-based counter-drone system.

Nuburu, Inc (BURU) grabbed investor attention on Wednesday, with shares jumping 13% after the company announced that its Ukraine-focused defense project with Tekne S.p.A. and Engineering Bureau (BERYL) has moved into the production phase.

The company said the first tactical prototype platform for Tekne’s GRAELION multi-terrain vehicle has officially moved into manufacturing. GRAELION vehicles are already in use in Ukraine for demining operations, while a military-grade version has been commercialized in Italy.

Nuburu said it expects to generate initial Phase 1 revenue of €5 - €10 million (about $5.7 - $11.5 million), with longer-term potential rising to €80 - €120 million as production ramps up.

BURU stock, which has already shed around 40% in value so far in March, is on track to post its first gain in four sessions.

Nuburu’s Third Defense-Related Update This Month

Nuburu, which is in the process of transforming from a laser technology firm into a dual-use defense and security platform provider, announced multiple defense-based updates in March.

The company formed a joint venture through its subsidiary with Maddox Defense to develop a mobile, container-based manufacturing system for producing drone parts and critical defense components on demand. The system is designed for rapid deployment and aims to reduce reliance on traditional supply chains.

Separately, its unit Lyocon completed proof-of-concept testing of a portable laser-based counter-drone system, with successful prototype trials conducted alongside a government-backed defense electronics partner. The company said both initiatives support its push into advanced, scalable defense technologies.

How Did Stocktwits Users React?

Retail sentiment on Stocktwits improved to ‘neutral’ from ‘bearish’ a day earlier.

One user noted that the stock is preparing for a breakout.

Another user said that the stock is undervalued.

According to Koyfin data, the stock has a short interest of 9.3% as of the week ended March 13, 2026.

For updates and corrections, email newsroom[at]stocktwits[dot]com.

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