TEKNE S.p.A. Company Profile

Background

Overview

TEKNE S.p.A. is an Italian engineering company specializing in the design, production, and fitting of industrial, special, and military vehicles. Additionally, the company develops products, systems, and services related to electronics for the automotive, defense, and security sectors, catering to both military and civil applications. Established in 1873, TEKNE has a longstanding history in engineering and architecture, contributing to numerous significant projects in Italy and abroad.

Mission and Vision

TEKNE is committed to delivering innovative and high-quality engineering solutions that meet the evolving needs of its clients. The company's mission is to provide integrated services and consultancy covering the entire design and management cycle in the construction of buildings, with a strong emphasis on sustainability and social responsibility.

Primary Area of Focus

The company's primary focus areas include:

• Design and Production of Specialized Vehicles: TEKNE designs and manufactures vehicles tailored for specific industrial, special, and military applications.

• Electronic Systems Development: The company develops advanced electronic systems for automotive, defense, and security sectors, encompassing both military and civil domains.

• Integrated Engineering Services: TEKNE offers comprehensive engineering services, including research and development, system integration, prototyping, production, testing, and after-sales support.

Industry Significance

With over 150 years of experience, TEKNE has established itself as a leader in the engineering and architecture sectors. The company has been involved in iconic projects such as the Grattacielo Pirelli in Milan and the Bosco Verticale, contributing significantly to Italy's architectural landscape.

Key Strategic Focus

Core Objectives

TEKNE aims to:

• Provide innovative and sustainable engineering solutions.

• Expand its presence in the defense and security sectors.

• Enhance its capabilities in electronic warfare and cyber defense.

Specific Areas of Specialization

The company's areas of specialization include:

• Specialized Vehicle Manufacturing: Designing and producing vehicles for military and industrial applications.

• Electronic Warfare Systems: Developing advanced electronic systems for defense and security purposes.

• Integrated Engineering Services: Offering comprehensive services from design to after-sales support.

Key Technologies Utilized

TEKNE employs a range of advanced technologies, including:

• Electronic Warfare Systems: Developing jammer systems up to 8 GHz and solutions for satellite systems.

• Vehicle Protection Systems: Designing and integrating advanced protection systems for military vehicles.

• Sustainable Engineering Practices: Implementing sustainable design and construction methods in all projects.

Primary Markets Targeted

TEKNE primarily targets:

• Defense Sector: Supplying specialized vehicles and electronic systems for military applications.

• Industrial Sector: Providing engineering solutions for industrial facilities and infrastructure projects.

• Civil Sector: Engaging in urban regeneration and construction projects, including residential and public facilities.

Financials and Funding

Funding History

As of December 31, 2024, TEKNE reported total revenue of $50 million.

Recent Funding Rounds

In May 2025, Nuburu, Inc. agreed to acquire a 70% stake in TEKNE for $42 million, with the acquisition structured in two stages:

• First Stage: Acquisition of a 3% equity interest in September 2025.

• Second Stage: Acquisition of the remaining 67% interest by the end of 2025.

This acquisition is subject to regulatory approvals, including the Italian government's Golden Power review.

Notable Investors

Nuburu, Inc., a company specializing in blue laser technology, is the primary investor in this acquisition.

Intended Utilization of Capital

The capital from the acquisition is intended to:

• Support TEKNE's working capital needs.

• Facilitate the development of new defense products.

• Expand operations in the Americas through a joint venture.

Pipeline Development

Key Pipeline Candidates

TEKNE is involved in the development of several key projects, including:

• Defense Vehicles for Bangladesh: Producing specialized vehicles tailored for military applications.

• Electronic Warfare Systems for Ukraine: Establishing a platform for electronic warfare systems.

• Commercialization in the UAE: Marketing and selling TEKNE's platforms in the United Arab Emirates.

• Exclusive Distribution in the United States: Distributing TEKNE products exclusively in the U.S. market.

• Joint Offerings in Italy: Developing collaborative products and services within Italy.

Stages of Development

These projects are at various stages, from initial development to commercialization, with expected revenue generation beginning in 2026.

Target Conditions

The projects target military and defense applications, focusing on electronic warfare, vehicle protection, and specialized defense systems.

Anticipated Milestones

Key milestones include:

• 2026: Expected revenue generation from the joint venture and other projects.

• End of 2025: Completion of the second stage of the acquisition by Nuburu.

Technological Platform and Innovation

Proprietary Technologies

TEKNE has developed proprietary technologies in:

• Electronic Warfare Systems: Advanced jammer systems up to 8 GHz.

• Vehicle Protection Systems: Integrated protection solutions for military vehicles.

Significant Scientific Methods

The company employs:

• Integrated Engineering Practices: Combining design, engineering, and construction management for comprehensive project delivery.

• Sustainable Design Methods: Implementing eco-friendly and energy-efficient solutions in all projects.

Leadership Team

Key Executives

• Alessandro Zamboni: Executive Chairman and Co-CEO of Nuburu, Inc., leading the strategic direction of the company.

• Dario Barisoni: Co-CEO of Nuburu, Inc., overseeing operations and business development.

Professional Backgrounds

• Alessandro Zamboni: Experienced in high-power laser technology and defense sectors, with a focus on strategic growth and diversification.

• Dario Barisoni: Background in business operations and development, contributing to the company's expansion and partnerships.

Key Contributions

• Alessandro Zamboni: Spearheaded the acquisition of TEKNE and the formation of strategic partnerships.

• Dario Barisoni: Played a pivotal role in operational management and the execution of business strategies.

Recent Appointments

• October 1, 2025: Alessandro Zamboni and Dario Barisoni appointed as Co-CEOs of Nuburu, Inc., effective immediately.

Competitor Profile

Market Insights and Dynamics

The defense and engineering sectors are experiencing growth, with increasing demand for specialized vehicles and electronic warfare systems. The electronic warfare sector alone is projected to reach $19.4 billion by 2028, indicating significant growth potential.

Competitor Analysis

TEKNE's main competitors include:

• SIPAL S.p.A.: Revenue of €40 million, specializing in information management consulting.

• PROGIN S.p.A.: Revenue of €4.4 million, offering consulting services.

• SCS Ingegneria S.r.l.: Revenue of €4.1 million, providing business services.

• Sertec Engineering Consulting S.r.l.: Revenue of €2 million, focusing on business services.

• Milano Serravalle Engineering S.r.l.: Revenue of €5.3 million, specializing in industrial development consulting.

Strategic Collaboration Opportunities

TEKNE continues to explore partnerships and joint ventures to strengthen market position and expand offerings, particularly within defense and security sectors.