NUBURU Delivers World’s First Blue 3D Printer Light Engine to Its Technical Partner for US Air Force Contract in Q1 2023
May 17 2023 - 9:05AM
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 in Q1 2023, NUBURU
delivered the world’s first blue laser powered area 3D printer
light engine to its technical partner under a contract with the
U.S. Air Force.
The goal of this Direct to Phase II contract is to use the
absorption advantages of the blue laser and combine it with the
ability to project an image onto the powder bed using a Texas
Instruments Digital Light Projector to dramatically increase the
speed of 3D printing of metal parts. NUBURU delivered the light
engine to its partner to integrate it into a 3D printer. The speed
increase is the result of using an image that is up to 30,000 times
larger than the single spot used today while delivering the same
resolution as today’s printers. This 3D printing architecture can
be scaled to enable high density materials to be printed at speeds
of 100x or greater while dramatically reducing CO2 emissions. In a
separate study, NUBURU has shown up to a 2.75 times reduction in
CO2 emissions when printing stainless steel parts compared to an
infrared laser.
NUBURU’s investment in these technologies has helped the Company
to develop a robust intellectual property platform, including over
190 patents and patent applications. These patents broadly cover
laser technology including certain intellectual property that has
been deemed classified by the US government.
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
product specifications and applications. 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 including, but not limited to, the
development of our product and its use in potential applications
being more difficult than anticipated. 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
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20230517005052/en/
NUBURU - Media Contact Brian Knaley ir@nuburu.net
NUBURU - Investor Relations Contact Maria Hocut
Maria@blueshirtgroup.com
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