New updates have been reported about XTEND.
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XTEND has secured a roughly $1.67 million (NIS 5 million) contract with the Israeli Ministry of Defense to deliver autonomous drone systems and related services during 2026, expanding its installed base in a core reference customer and signaling continued defense demand for deployable AI-enabled systems. CEO Aviv Shapira said XTEND is working with defense customers in about 30 countries and expects additional, potentially larger awards in 2026, underscoring a growing pipeline that could support revenue visibility and scale.
The new award leverages XTEND’s proprietary XOS operating system, which enables human-guided autonomy and beyond-line-of-sight operations in contested environments, reinforcing the company’s positioning as a software-defined autonomy provider with over 10,000 systems already deployed across multiple combat zones. In parallel, XTEND is progressing toward an all-stock business combination with JFB Construction Holdings, after which the combined entity is expected to operate as XTEND AI Robotics and list on a U.S. national exchange under the ticker “XTND,” supported by strategic investors including Eric Trump, Unusual Machines, American Ventures, Protego Ventures, and Aliya Capital, giving the company public-market access to capital to fund further product development, global expansion, and potential follow-on defense programs.