The all-stock deal, expected to close mid-2026, will create a Nasdaq-listed defense robotics company trading under the ticker XTND. Israeli defense technology company XTEND and JFB Construction Holdings (Nasdaq: JFB) announced a $1.5 billion all-stock merger July 27, 2026. The transaction will create XTEND AI Robotics, a publicly traded company. The new entity will focus on … [Read more...] about XTEND and JFB Announce $1.5 Billion Merger to Form XTEND AI Robotics
AI drone
Detroit Trucking Hub Adds Birdstop Drone Monitoring with TSPS
Birdstop's Fealty drone system delivers real-time truck parking visibility at the U.S.-Canada border in partnership with Detroit-based TSPS. Birdstop has begun drone monitoring of trucking sites across Detroit using its new flagship Fealty system. The Michigan-headquartered company announced the launch on May 6, 2026, in partnership with TSPS, Inc. The U.S. trucking industry … [Read more...] about Detroit Trucking Hub Adds Birdstop Drone Monitoring with TSPS
WaiV Robotics Debuts Maritime VTOL Landing Pad with $7.5M Seed Round
The London-based maritime startup unveils a gyro-stabilized landing pad that recovers VTOL drones on vessels as small as 10 meters in high sea states. WaiV Robotics has launched the first fully automatic landing and takeoff platform for VTOL drones operating at sea. The London-based company introduced the system on May 5, 2026, backed by $7.5 million in seed funding. The … [Read more...] about WaiV Robotics Debuts Maritime VTOL Landing Pad with $7.5M Seed Round
Kraus Hamdani Aerospace Demonstrates Wireless Power Beaming to K1000ULE at Shaw AFB
Kraus Hamdani Aerospace and PowerLight Technologies sustain the K1000ULE in flight using laser-based wireless power beaming, maintaining continuous ISR operations without ground recovery. Kraus Hamdani Aerospace (KHA) and PowerLight Technologies demonstrated wireless power beaming to the K1000ULE at Shaw Air Force Base. The AFCENT Battle Lab hosted the event. CENTCOM and the … [Read more...] about Kraus Hamdani Aerospace Demonstrates Wireless Power Beaming to K1000ULE at Shaw AFB
