NUBURU, Inc. to Go Public via Merger With Tailwind Acquisition Corp.

UST Acquires Tailwind Business Ventures

January 19, 2026

Financial Services

UST has acquired Tailwind Business Ventures, a Texas-based fintech firm with operations in Brazil and other delivery centers, to strengthen UST's digital banking solutions and core banking implementation capabilities. The deal expands UST's presence in South America and enhances its ability to serve mid-market and regional banks with AI-driven modernization and implementation services.

NUBURU (through Nuburu Defense) Acquires Orbit S.r.l. in Staged Deal

October 16, 2025

Cloud & SaaS

NUBURU, Inc. is acquiring Orbit S.r.l. through its wholly owned subsidiary Nuburu Defense LLC as part of a two-stage process, where the company will move from minority investment to full control and consolidation. NUBURU completed initial tranches (including a first phase placing ~10.7% equity and a later tranche providing operating control), and plans to acquire the remaining equity subject to stockholder approval.

NUBURU Acquires a Controlling Interest in Tekne S.p.A.

August 21, 2025

Aerospace & Defense

NUBURU, through NUBURU Defense LLC, began a phased investment in Tekne with an initial 3% stake and a path to majority control; the subsequent agreement established a 70% ownership target, subject to Italian Golden Power authorization and other closing steps. NUBURU announced that it completed the acquisition of the 70% controlling interest on October 15, 2026, with Tekne’s historical shareholders retaining 30%.

NUBURU Secures $100 Million Standby Equity Purchase Facility to Pursue Acquisition of Tekne S.p.A.

June 2, 2025

Energy

NUBURU, Inc. entered into a standby equity purchase agreement with YA II PN, Ltd. that gives NUBURU the option to sell up to $100 million of its shares, subject to specified conditions. NUBURU said the flexibility supports its growth and transformation plan, including a plan to acquire a controlling interest in Tekne S.p.A. pending regulatory and stockholder approval.

Tailwind Two Acquisition Corp. Completes Business Combination with Terran Orbital

March 25, 2022

Aerospace & Defense

Tailwind Two Acquisition Corp. completed its business combination with Terran Orbital Corporation, creating a renamed public company, Terran Orbital. In connection with the closing, the combined company is expected to begin trading on the New York Stock Exchange under ticker symbols LLAP and LLAP WS.

Nomura Research Institute Acquires Core BTS from Tailwind Capital

December 1, 2021

IT Services

Tailwind Capital completed the sale of its portfolio company Core BTS to Nomura Research Institute (NRI). The transaction brings Core BTS into the NRI Group to support digital transformation demand, with Core BTS’ CEO Paul Lidsky continuing to lead the business.