Narrative
NUBURU Pursues Tekne Majority Acquisition Under Italian Golden Power Review
NUBURU has signed a definitive agreement to acquire a majority stake in Italian defense manufacturer Tekne and initiated the required Italian government regulatory review process.
4 articles · first seen 6/11/2026 · last update 6/19/2026
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- BusinessWire6/19/2026, 3:47:00 AMNUBURU presenta il Piano italiano per la difesa e rafforza il team strategico a seguito della notifica Golden Power
NUBURU, Inc. (BURU) has submitted its Italian Defense Plan following a Golden Power notification, a regulatory process under Italian law that reviews foreign investments in strategic sectors. The company also announced a strengthening of its strategic team in connection with this development. The move signals NUBURU's effort to expand its dual-use defense and security platform into the Italian market.
- BusinessWire6/10/2026, 3:54:00 PMNUBURU presenta la notifica di Golden Power per l'acquisizione di maggioranza di Tekne, avviando la revisione formale da parte del Governo italiano
NUBURU, Inc. (NYSE American: BURU) and its subsidiary NUBURU Defense LLC have filed a Golden Power notification with the Italian Government in connection with NUBURU's planned majority acquisition of Tekne, formally initiating the Italian government's review process. The Golden Power framework is Italy's foreign investment screening mechanism for strategic sectors including defense and security. The filing marks a procedural milestone in the transaction but does not constitute final approval.
- BusinessWire5/28/2026, 9:19:00 PMNUBURU firma uno SPA con Tekne e avvia la procedura di Golden Power per un'acquisizione di maggioranza
NUBURU, Inc. has signed a Share Purchase Agreement (SPA) with Tekne S.p.A. and has initiated the Italian Golden Power regulatory procedure in connection with a majority acquisition. The announcement was made on May 28, 2026, involving NUBURU, its subsidiary NUBURU Defense LLC, and Tekne S.p.A. as the acquiring party. The Golden Power process is an Italian government review mechanism for strategic asset transactions, adding a regulatory condition to the deal's completion.
- BusinessWire5/27/2026, 12:37:00 PMNUBURU Signs Tekne SPA and Initiates Golden Power Filing Process for Majority Acquisition
NUBURU (BURU) and its subsidiary NUBURU Defense LLC signed a binding definitive Share Purchase and Investment Agreement (SPA) with Tekne S.p.A. and its historical shareholders on May 26, 2026, for a majority acquisition of Tekne. As part of the transaction, NUBURU has initiated the Golden Power filing process, a required Italian regulatory review for foreign acquisitions of strategic assets. The deal expands NUBURU's defense and advanced manufacturing footprint.