Tailwind to acquire blue laser firm Nuburu
Partnership with TWND expected to accelerate expansion plans
Tailwind Acquisition Corp (TWND), a publicly listed US special purpose acquisition company, will acquire the industrial blue laser company Nuburu, following agreement by stockholders.
“As electrification and advances in manufacturing drive growth in our target markets, this capital infusion is intended to provide continued momentum for Nuburu," said Mark Zediker, CEO, co-founder and president. "Looking ahead, we are focused on growing our customer base, expanding our distribution channels, accelerating development of our ultra-high brightness product family and scaling our manufacturing operations to meet demand globally.
"Our partnership with TWND is expected to accelerate our expansion plans to allow us to benefit from a position of strength in the public markets.”
Nuburu, founded in 2015 in Colorado, has developed high power, high brightness GaN-based blue lasers suitable for laser welding and additive manufacturing of copper, gold, aluminium and other industrially important metals. The blue lasers are said to produce defect-free welds that are up to eight times faster than the traditional approaches.