NUBURU Receives Patents for Blue Laser Welding and Multi-kilowatt Blue Lasers
April 21 2023 - 8:30AM
Business Wire
NUBURU, Inc. (“NUBURU” or the “Company”) (NYSE American: BURU),
a leading innovator in high-power and high-brightness industrial
blue laser technology, today announced that it has received
additional patents that expand its intellectual property portfolio,
broadly covering blue lasers for use in welding and other
applications.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20230421005089/en/
Compares welding using NUBURU’s base
laser in the three different applications with welding performed
using existing alternative methods. (Graphic: Business Wire)
“These new patents expand our broad patent estate around blue
lasers, particularly for welding copper and other metals,” said Dr.
Mark Zediker, CEO and Co-Founder of NUBURU. “These patents also
cover technologies like multi-kilowatt class blue lasers that have
significant advantages compared to infrared lasers available from
industry incumbents.”
NUBURU believes that its intellectual property provides strong
protection to NUBURU’s blue laser technology and processes. Despite
the significant advantages and efficiencies of blue lasers, major
incumbents IPG Photonics (NYSE: IPGP), Coherent (NYSE: COHR),
Lumentum (NASDAQ: LITE), and nLIGHT (NASDAQ: LASR) have not
released an industrial blue laser, relying on infrared technology
instead.
On March 28, 2023, the U.S. Patent and Trademark Office (USPTO)
granted NUBURU’s patent for “Methods and systems for welding copper
and other metals using blue lasers” (US Patent 11,612,957). This
patent describes NUBURU’s blue laser technology and processes for
welding multiple metal types and alloys including copper, aluminum,
and stainless steel. The Company believes this patent provides
technology and processes for more efficiently manufacturing
batteries for electric vehicles, cell phones, and other electronic
devices.
On April 14, 2023, the European Patent Office (EPO) granted
NUBURU’s patent for “Multi KW Class Blue Laser System” (European
Patent EP 3704772). As explained in the patent, “embodiments of the
present inventions relate to a multi-kW-class blue fiber-coupled
laser systems used for materials processing and laser welding
applications, and in particular wavelengths in the wavelength range
of about 400 nm to about 495 nm.” This unique beam combination
methodology results in a laser source that is ideal for 3D printing
applications as well as welding copper and other materials for
building electric vehicles, cell phones, and other electronic
products.
As of March 31, 2023, NUBURU has 190+ granted and pending patent
applications throughout the world. The granted patents and pending
applications cover all aspects of NUBURU’s technology and
processes. NUBURU continues to prosecute the pending applications
through to granted patents across multiple geographies to further
protect NUBURU’s innovative and novel technology and processes for
use in what NUBURU estimates to be a multi-billion-dollar
serviceable addressable market (SAM).1
About NUBURU
Founded in 2015, NUBURU, Inc. (NYSE American: BURU) 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. For more
information, please visit www.nuburu.net.
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 certain projections on market size and
growth and application of NUBURU’s blue laser. 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 the
security exchange’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) the inability to obtain financing from
Lincoln Park Capital; (8) volatility in the financial system and
markets caused by geopolitical and economic factors; (9) changes in
client preferences and needs; and (10) other risks and
uncertainties set forth in the sections entitled “Risk Factors” and
“Cautionary Note Regarding Forward-Looking Statements” in NUBURU’s
most recent periodic report on Form 10-K or Form 10-Q and other
documents filed with the Securities and Exchange Commission 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 or that any of the contemplated
results of such forward-looking statements 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 law.
_________________________ 1 See Slide 16 from NUBURU December
Investor Presentation, available here. 2 Note: Compares welding
using NUBURU’s base laser in the three different applications with
welding performed using existing alternative methods. See Slide 28
from NUBURU December Investor Presentation, available here. 3 Note:
Represents density relative to forged copper. See Slide 44 from
NUBURU December Investor Presentation, available here.
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version on businesswire.com: https://www.businesswire.com/news/home/20230421005089/en/
NUBURU - Media Contact Brian Knaley
ir@nuburu.net
NUBURU - Investor Relations Contact Maria Hocut
Maria@blueshirtgroup.com
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