News: Optoelectronics
10 April 2025
NUBURU unwinding partnership with HUMBL
NUBURU Inc of Centennial, CO, USA — which was founded in 2015 and develops and manufactures high-power industrial blue lasers — is to unwind its $2m share exchange agreement and partnership announced on 28 February with HUMBL Inc (a strategic holding company with a focus on Brazil). After a thorough strategic review, NUBURU’s management has determined that continuing the partnership no longer aligns with its core business objectives.
The partnership aimed to leverage NUBURU’s laser technologies and HUMBL’s distribution capabilities in Brazil, with aspirations for broader market expansion in Latin America. However, NUBURU is now refocusing its strategic efforts solely on consolidating its position in the defense and security sectors, where it is experiencing significant growth and development.
“While our initial collaboration with HUMBL presented promising opportunities, it has become clear that pursuing our strategic transformation within the defense and technology sectors requires our full attention and resources,” says NUBURU’s executive chairman Alessandro Zamboni. “Unwinding this agreement is in the best interest of our shareholders and aligns with our vision to innovate and expand our capabilities in high-demand areas,” he believes.
NUBURU says that it remains committed to its strategic plan, which includes a joint-pursuit agreement (JPA) with a defense-tech company to develop solutions utilizing directed energy weapons and advanced surveillance systems. As the firm progresses with its acquisitions and product development, it aims to enhance its technological offerings and deliver shareholder value.
NUBURU’s focus continues to be on advancing its technology and integrating artificial intelligence, robotic process automation, and innovative fintech platforms, ensuring it meets the evolving needs of its target markets effectively.
Under its new management team led by Zamboni, NUBURU is executing a growth and diversification strategy, expanding into complementary domains such as defense-tech, security, and operational resilience solutions. The firm is leveraging strategic partnerships and acquisitions to accelerate growth in high-value sectors.
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