- **Nuburu, Inc.** has entered into a binding agreement to acquire **100%** of Orbit S.r.l., an Italian software company, for **$12.5 million** to expand its Defense & Security Hub.  **[1119190_6c61489a742b4a91b045803bb1b9ce2f]** 
- The acquisition aims to integrate Orbit's SaaS technology with Nuburu's existing systems, enhancing its defense sector capabilities and positioning it in the rapidly growing market for defense-grade resilience solutions.  **[1119190_6c61489a742b4a91b045803bb1b9ce2f]** 
- The transaction, which involves a related party, is valued at **$12.5 million** with an initial **$5 million** investment over three years, and is expected to close by the end of **2026**.  **[1119190_6c61489a742b4a91b045803bb1b9ce2f]** 
- Nuburu Defense LLC will make an initial **$1.5 million** advance for a **10.7%** ownership stake and gains exclusive global rights to distribute Orbit's platform in defense and mission-critical markets.  **[1119190_6c61489a742b4a91b045803bb1b9ce2f]** 
- Despite the potential for growth, Nuburu's financial position remains challenged with weak income and cash flow, and its stock is rated 'Underperform' by TipRanks AI Analyst.  **[1119190_6c61489a742b4a91b045803bb1b9ce2f]**

HUMBL (HMBL)