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
XTEND
Eric Trump Invests in XTEND as Israeli Drone Firm Announces Plan to Go Public via Nasdaq Merger
AI-powered robotics company targets $1.5B valuation in U.S. listing Israeli drone and robotics company XTEND has announced plans to go public through a reverse merger with U.S.-listed JFB Construction Holdings, in a transaction that values the combined company at approximately $1.5 billion. The deal includes a strategic investment round backed by several investors, including … [Read more...] about Eric Trump Invests in XTEND as Israeli Drone Firm Announces Plan to Go Public via Nasdaq Merger
Multi-Class Drone Missions Managed by a Single Operator in JADC2 Demonstration
Integrated MDCX and XTEND XOS enable a single operator to manage complex, multi-UAS missions Lockheed Martin Skunk Works® and XTEND have expanded their collaboration to support joint all-domain command and control (JADC2) missions. The companies integrated the XTEND Operating System (XOS) into Skunk Works’ MDCX™ autonomy platform. The integration allows one operator to command … [Read more...] about Multi-Class Drone Missions Managed by a Single Operator in JADC2 Demonstration
XTEND Secures Multi-Million-Dollar DoD Contract for AI-Enabled One-Way Attack Drone Systems
XTEND Reality Inc. has secured a significant fixed-price contract from the U.S. Department of War's Office of the Assistant Secretary of War for Special Operations/Low-Intensity Conflict to develop and deliver next-generation AI-enabled affordable close quarter modular effects FPV drone kits (ACQME-DK). Announced on Veterans Day, the competitive award recognizes XTEND's … [Read more...] about XTEND Secures Multi-Million-Dollar DoD Contract for AI-Enabled One-Way Attack Drone Systems
XTEND Secures $8.8M U.S. Department of Defense Contract for AI-Driven Tactical Drones
New Contract Highlights Smart Loitering Munitions Technology XTEND, a company specializing in AI-powered tactical drone technology, has secured an $8.8 million contract from the U.S. Department of Defense’s (DoD) Irregular Warfare Technical Support Directorate (IWTSD). The contract focuses on delivering Precision Strike Indoor & Outdoor (PSIO) small Unmanned Aerial Systems … [Read more...] about XTEND Secures $8.8M U.S. Department of Defense Contract for AI-Driven Tactical Drones
