CENTENNIAL, Colo.–(BUSINESS WIRE)–NUBURU, Inc. (“NUBURU” or the “Company”) (NYSE American: BURU), a leading innovator in high-power and high-brightness industrial blue laser technology, today announced that in Q1 2023, NUBURU delivered the world’s first blue laser powered area 3D printer light engine to its technical partner under a contract with the U.S. Air Force.
The goal of this Direct to Phase II contract is to use the absorption advantages of the blue laser and combine it with the ability to project an image onto the powder bed using a Texas Instruments Digital Light Projector to dramatically increase the speed of 3D printing of metal parts. NUBURU delivered the light engine to its partner to integrate it into a 3D printer. The speed increase is the result of using an image that is up to 30,000 times larger than the single spot used today while delivering the same resolution as today’s printers. This 3D printing architecture can be scaled to enable high density materials to be printed at speeds of 100x or greater while dramatically reducing CO2 emissions. In a separate study, NUBURU has shown up to a 2.75 times reduction in CO2 emissions when printing stainless steel parts compared to an infrared laser.
NUBURU’s investment in these technologies has helped the Company to develop a robust intellectual property platform, including over 190 patents and patent applications. These patents broadly cover laser technology including certain intellectual property that has been deemed classified by the US government.
Founded in 2015, NUBURU, INC. (NYSE American: BURU) is a developer and manufacturer of industrial blue lasers that leverage fundamental physics and their high-brightness, high-power design to produce faster, higher quality welds and parts than current lasers can provide in laser welding and additive manufacturing of copper, gold, aluminum and other industrially important metals. NUBURU’s industrial blue lasers produce minimal to defect-free welds that are up to eight times faster than the traditional approaches — all with the flexibility inherent to laser processing. For more information, please visit www.nuburu.net.
This press release 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 of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including product specifications and applications. All statements other than statements of historical fact contained in this press release may be 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,” “seek,” “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 including, but not limited to, the development of our product and its use in potential applications being more difficult than anticipated. NUBURU’s most recent periodic report on Form 10-K or Form 10-Q and other documents filed with the Securities and Exchange Commission from time to time 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 press release 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. NUBURU does not give any assurance that it will achieve its expected results. NUBURU assumes no obligation to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise, except as otherwise required by applicable law.
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