Nuburu to Acquire Italy’s Orbit, Securing Exclusive Global Rights to Defense Resilience Software
Reuters
Oct 07
Nuburu to Acquire Italy's Orbit, Securing Exclusive Global Rights to Defense Resilience Software
Nuburu Defense LLC, a subsidiary of Nuburu Inc., has entered into a binding agreement to acquire 100% of Orbit S.r.l., an Italian software company specializing in operational resilience, business continuity, and crisis management for mission-critical organizations. The deal values Orbit at $12.5 million, with payments to be made in cash advances and Nuburu equity securities by the end of 2026. Nuburu Defense will gain exclusive global distribution rights for Orbit's platform in defense and mission-critical sectors effective immediately. The acquisition expands Nuburu's Defense & Security Hub, integrating Orbit's SaaS technology for real-time situational awareness, impact analysis, and crisis response with Nuburu's existing advanced laser and vehicle systems. The transaction was reviewed by an external financial advisor and approved by Nuburu's independent non-executive directors.
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