NUBURU Appoints Dr. Matthew Philpott as Chief Marketing and Sales Officer
March 14 2023 - 9:00AM
Business Wire
Experienced laser industry veteran takes the
helm to lead NUBURU’s growth plans
NUBURU, Inc. (“NUBURU” or the “Company”) (NYSE American: BURU),
a leading innovator in high-power and high-brightness industrial
blue laser technology, today announced the executive appointment of
Dr. Matthew Philpott as Chief Marketing and Sales Officer. Dr.
Philpott will oversee all aspects of marketing and sales. He will
lead the team to further develop NUBURU’s product roadmap and to
accelerate market penetration across all segments.
“We are excited to welcome Matthew as Chief Marketing and Sales
Officer as he brings a proven track record of globally-coordinated,
exponential growth and a vision for customer success which
addresses the full customer experience from process development to
mass production,” said Dr. Mark Zediker, CEO and Co-Founder of
NUBURU. “Matthew will help drive our ambitious growth plans and
accelerate NUBURU’s commercial efforts.”
“NUBURU’s technology is critically important today as mass
production inherently demands zero rework, and a stable
process-window which can easily be adopted to unpredicted
production challenges,” said Dr. Philpott. “Customers demand parts
per million yields, not simply a best effort. As NUBURU’s blue
lasers offer precision, speed, near defect-free and a multi-emitter
redundancy that is unmatched by current state of the art solutions,
the timing is perfect for the blue solution from NUBURU. I could
not be more honored to join NUBURU’s executive team at such a
pivotal time.”
Dr. Philpott brings over 20 years of laser industry experience
from Coherent Corp. where he was most recently the Director of
Global Business Development. At Coherent, Dr. Philpott led a
multinational electric vehicle welding team, taking Coherent from a
new entrant to being a globally recognized top supplier for battery
and EV production. Dr. Philpott holds a B.S. in Chemistry from
Furman University and a Ph.D. in Physical Chemistry from the
University of Washington.
About NUBURU
Founded in 2015, NUBURU is a developer and manufacturer of
industrial blue lasers that leverage fundamental physics and their
high-brightness, high-power design to produce faster, higher
quality welds and parts than current lasers can provide in laser
welding and additive manufacturing of copper, gold, aluminum and
other industrially important metals. NUBURU’s industrial blue
lasers produce minimal to defect-free welds that are up to eight
times faster than the traditional approaches — all with the
flexibility inherent to laser processing.
Forward-Looking Statements
This press release contains certain “forward-looking statements”
within the meaning of the United States Private Securities
Litigation Reform Act of 1995, Section 27A of the Securities Act of
1933, as amended, and Section 21E of the Securities Exchange Act of
1934, as amended, including management’s expectations regarding the
Company’s growth. All statements other than statements of
historical fact contained in this press release may be
forward-looking statements. Some of these forward-looking
statements can be identified by the use of forward-looking words,
including “may,” “should,” “expect,” “intend,” “will,” “estimate,”
“anticipate,” “believe,” “predict,” “plan,” “seek,” “targets,”
“projects,” “could,” “would,” “continue,” “forecast” or the
negatives of these terms or variations of them or similar
expressions. All forward-looking statements are subject to risks,
uncertainties, and other factors which could cause actual results
to differ materially from those expressed or implied by such
forward-looking statements. All forward-looking statements are
based upon estimates, forecasts and assumptions that, while
considered reasonable by NUBURU and its management, are inherently
uncertain and many factors may cause the Company’s actual results
to differ materially from current expectations which include, but
are not limited to: (1) the ability to continue to meet NYSE
American’s listing standards; (2) failure to achieve expectations
regarding its product development and pipeline; (3) the inability
to access sufficient capital to operate as anticipated; (4) the
inability to recognize the anticipated benefits of the business
combination, which may be affected by, among other things,
competition, the ability of the Company to grow and manage growth
profitably, maintain relationships with customers and suppliers and
retain its management and key employees; (5) changes in applicable
laws or regulations; (6) the possibility that NUBURU may be
adversely affected by other economic, business and/or competitive
factors; (7) volatility in the markets caused by geopolitical and
economic factors; and (8) other risks and uncertainties set forth
in the sections entitled “Risk Factors” and “Cautionary Note
Regarding Forward-Looking Statements” in NUBURU’s Current Report on
Form 8-K filed by NUBURU with the Securities and Exchange
Commission (the “SEC”) on February 6, 2023, Quarterly Report on
Form 10-Q for the quarterly period ended September 30, 2022 filed
by NUBURU with the SEC on November 14, 2022 and other documents
filed with the SEC from time to time. These filings identify and
address other important risks and uncertainties that could cause
actual events and results to differ materially from those contained
in the forward-looking statements. Nothing in this press release
should be regarded as a representation by any person that the
forward-looking statements set forth herein will be achieved. You
should not place undue reliance on forward-looking statements,
which speak only as of the date they are made. NUBURU does not give
any assurance that it will achieve its expected results. NUBURU
assumes no obligation to update or revise these forward-looking
statements, whether as a result of new information, future events
or otherwise, except as otherwise required by applicable securities
laws.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230314005298/en/
NUBURU - Media Contact Brian Knaley ir@nuburu.net
NUBURU - Investor Relations Contact Maria Hocut
Maria@blueshirtgroup.com
Nuburu (AMEX:BURU)
Historical Stock Chart
From Jun 2024 to Jul 2024
Nuburu (AMEX:BURU)
Historical Stock Chart
From Jul 2023 to Jul 2024