Financial News
NUBURU Showcases Compact Blue Laser 3rd Generation Light Engine at PW 2023
New form factor accelerates high brightness integration in industrial fabrication machines
Since the introduction of the blue industrial laser in 2017, continuous improvement in laser characteristics has brought unprecedented speed, quality, and flexibility to welding and additive manufacturing applications. NUBURU is launching the NUBURU BL™ -series, at Photonics West in January 2023, a new compact form-factor generation blue laser enabled by an innovative 3rd generation light engine design. The BL-series lasers are designed as easy-to-service packages that can readily integrate with scanners and beam delivery systems. The 125-Watt BL-125 and 250-Watt BL-250 lasers will provide high power and brightness along with integrated power monitoring, enabling design and fabrication efficiencies across a wide variety of industries.
Advances in the new light engine build upon the vast range of application development NUBURU has conducted with the AO and AI product lines. The entire NUBURU product line is designed to bring the fundamental physical, economic and performance advantages of the blue industrial laser to both the electrification (energy storage, electric vehicles) and 3C (computers, communication, consumer electronics) sectors.
Photonics West attendees are invited to discuss the impact of the blue industrial laser and the new BL-series with NUBURU representatives at Booth 3086 at Photonics West.
About NUBURU:
Founded in 2015, NUBURU® is leading the transformation to a world of high-speed, high-quality metal machining and processing. NUBURU’s ground-breaking blue laser technology has defined a new class of high-power, high-brightness blue lasers, which enable radical gains in speed and quality for metal processing. For more information, visit the company’s website at www.nuburu.net.
No Offer or Solicitation
This report is not intended to and does not constitute an offer to sell or the solicitation of an offer to buy, sell or solicit any securities or any proxy, vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be deemed to be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended (the “Securities Act”).
Forward-Looking Statements
This report contains certain “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act, and Section 21E of the Exchange Act of 1934, as amended. All statements other than statements of historical fact contained in this report, including statements as to product development and commercialization, product market fit, product applications, and objectives of management for future operations of Nuburu, Inc. (“Nuburu”), are forward-looking statements. Some of these forward-looking statements can be identified by the use of forward-looking words, including “may,” “should,” “expect,” “intend,” “will,” “estimate,” “anticipate,” “believe,” “predict,” “plan,” “targets,” “projects,” “could,” “would,” “continue,” “forecast” or the negatives of these terms or variations of them or similar expressions. All forward-looking statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. All forward-looking statements are based upon estimates, forecasts and assumptions that, while considered reasonable by Tailwind Acquisition Corp. (“Tailwind”) and its management, and Nuburu and its management, as the case may be, are inherently uncertain and many factors may cause the actual results to differ materially from current expectations which include, but are not limited to: (1) the occurrence of any event, change or other circumstances that could give rise to the termination of the Business Combination Agreement with respect to the business combination with Tailwind; (2) the outcome of any legal proceedings that may be instituted against Nuburu, Tailwind, or the combined company; (3) the inability to complete the business combination due to the failure to obtain approval of the stockholders of Tailwind or the stockholders of Nuburu, or to satisfy other closing conditions of the business combination; (4) changes to the proposed structure of the business combination that may be required or appropriate as a result of applicable laws or regulations or as a condition to obtaining regulatory approval of the business combination; (5) the inability to meet the listing standards of the securities exchange following the consummation of the business combination; (6) the risk that the business combination disrupts current plans and operations of Nuburu as a result of the announcement and consummation of the business combination; (7) the inability to recognize the anticipated benefits of the business combination, which may be affected by, among other things, competition, the ability of the combined company to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (8) costs related to the business combination; (9) changes in applicable laws or regulations; (10) the possibility that Nuburu or the combined company may be adversely affected by other economic, business and/or competitive factors; (11) the inability to obtain financing from Lincoln Park Capital Fund, LLC; (12) the risk that the business combination may not be completed in a timely manner or at all, which may adversely affect the price of Tailwind’s securities; (13) the risk that the transaction may not be completed by Tailwind’s business combination deadline and the potential failure to obtain a further extension of the business combination deadline if sought by Tailwind; (14) the impact of the COVID-19 pandemic, including any mutations or variants thereof, and its effect on business and financial conditions; (15) volatility in the markets caused by geopolitical and economic factors; and (16) other risks and uncertainties set forth in the sections entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in Tailwind’s Form S‑1 (File No. 333-248113), Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2022, Proxy Statement/Prospectus filed December 12, 2022 and other documents filed by Tailwind from time to time with the Securities and Exchange Commission. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Nothing in this report should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. Neither Tailwind nor Nuburu gives any assurance that either Tailwind or Nuburu or the combined company will achieve its expected results. Neither Tailwind nor Nuburu undertakes any duty to update these forward-looking statements, except as otherwise required by law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230117005354/en/
Contacts
Media Contact:
Brian Knaley
ir@nuburu.net
Investor Relations Contacts:
Mark Roberts
mark@blueshirtgroup.com
Michael Anderson
michael@blueshirtgroup.com
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