Nuburu is a development-stage defense technology holding company in the midst of a full business reinvention. After lenders foreclosed on its core patent portfolio in early 2025, Nuburu pivoted away from industrial laser manufacturing and is now attempting to build a dual-use defense and security platform targeting military, government, and critical infrastructure customers. The new business is organized around three capability layers: directed-energy and laser systems (blue and green lasers for sensor denial and perimeter protection), electronic warfare, and software-based command-and-control and operational resilience tools. Nuburu builds these capabilities through acquisitions rather than organic development — it has acquired Lyocon, an Italian photonics company that designs and assembles laser systems, and Orbit, an Italian software company whose platform serves financial institutions and critical infrastructure operators. Nuburu also holds a small stake in Tekne, an Italian defense vehicle maker, with plans to acquire a controlling interest, and has a joint venture with Maddox Defense focused on mobile additive manufacturing for drone components. The intended business model combines software subscriptions, system integration contracts, joint development arrangements, and IP licensing from its residual legacy laser business. Nuburu has no meaningful revenue today and is pre-commercial across virtually all of its new activities. The company has roughly 23 employees across its subsidiaries and funds operations through convertible notes.