NUBURU Receives Italian Golden Power Approval for Tekne Acquisition
NUBURU (USOTC:BURU) said Italy granted Golden Power approval for its planned purchase of a 70% controlling stake in Tekne S.p.A., removing the main regulatory hurdle. The company expects closing within 30 days after the approval, subject to other conditions. If completed, NUBURU plans to consolidate Tekne results. Tekne’s materials cite $648.0m planned production value (2026-2030) and ~$108.7m signed order portfolio.


