XTEND
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Drone
DRONE DOMINANCE: Titans JFB & XTEND Merge in $1.5B Deal Backed by Big-Name Investors
Israeli defense technology company XTEND and JFB Construction Holdings (Nasdaq: JFB) have announced a $1.5 billion all-stock merger that will create XTEND AI Robotics, a publicly traded company focused on AI-powered autonomous systems for defense, security and public safety applications.Following the completion of the transaction, expected in mid-2026 pending regulatory approval and customary closing conditions, the combined company is expected…
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