BURU Stock Jumps 15% - NUBURU Offers Revamped Proposal To Acquire Tekne

Nuburu is aiming to acquire a 70% stake in Tekne S.p.A., which is targeting roughly $58 million in full-year 2026 revenue.
In this photo illustration, the Nuburu logo is seen displayed on a smartphone screen
In this photo illustration, the Nuburu logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images)
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Arnab Paul·Stocktwits
Updated Mar 20, 2026   |   2:20 PM EDT
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  • The revised deal replaces the 2025 structure, which included issuing about $42 million in BURU shares and a $12.1 million capital injection into Tekne.
  • Nuburu will direct capital toward Tekne’s growth and the expansion of its Defense & Security platform.
  • Earlier this week, Nuburu said its Ukraine-focused defense project with Tekne and BERYL entered the production phase.

Nuburu (BURU) stock rallied 15% on Friday after the company announced a new binding letter of agreement to acquire a 70% stake in Italy-based Tekne, reviving a deal framework first outlined in 2025.

The revised deal replaces the 2025 structure, which included issuing about $42 million in BURU shares and a €10.5 million ($12.1 million) capital injection into Tekne. Under the new framework, no shares will be issued; instead, Nuburu will direct capital toward Tekne’s growth and the expansion of its Defense & Security platform. The transaction would allow Nuburu to integrate Tekne’s capabilities in military mobility and electronic warfare into its platform.

Tekne is targeting about €50 million in full-year 2026 revenue, doubling to over €100 million in 2027. According to Nuburu’s last financial report for the year ended Dec. 31, 2024, it generated a revenue of $152,127. The company is yet to report its full-year 2025 results. 

Nuburu Expects Upto €120 million From GRAELION Project

Earlier this week, Nuburu said its Ukraine-focused defense project with Tekne and Engineering Bureau (BERYL) entered the production phase.

The first prototype of Tekne’s GRAELION multi-terrain vehicle is now in manufacturing, with versions already used in Ukraine for demining. Nuburu expects initial Phase 1 revenue of €5–€10 million, with potential to grow to €80–€120 million as production scales.

The company is also expanding its defense push through new drone manufacturing and counter-drone technology initiatives.

How Did Stocktwits Users React?

Retail sentiment for BURU on Stocktwits turned 'bullish' from 'bearish,' amid 'high' message volumes.

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One user said they would hold on to the stock till the second week of April.

Another user said the deal "massively strengthens BURU’s credibility, strategic value and long-term upside."

The stock has been under intense selling pressure so far in 2026, slumping 76%.

€1 = $1.16

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