UMAC News & Events

Report revenue $11.2M, consensus $9.87M. CEO Allan Evans said, "In 2025 Unusual Machines finalized the transformation from a retail channel to a domestic drone component producer and initiated growth. The progress made in the second half of 2025 gives us a leadership position as we pursue the emerging market opportunity created by the Department of War and the FCC regulatory actions emphasizing the need for a domestic supply chain. We significantly expanded our team, strengthened our balance sheet, and built the operational capacity needed to support increasing demand for NDAA-compliant drone components and will continue to build and expand operations to meet demand. We believe the U.S. drone industry is still in the early stages of development, and the need for secure, domestic supply chains will continue to grow. Our focus remains on building the infrastructure necessary to support that ecosystem and we are pursuing this with the expectation that we will not be demand limited for the next 18 months. We appreciate the continued support and confidence of our employees, our customers, and our shareholders as we work to build Unusual Machines into a leading U.S. manufacturer."

JFB Construction Holdings (JFB) released a pre-recorded investor presentation featuring remarks from Aviv Shapira, CEO and Co-Founder of XTEND and Tal Horesh, CFO of XTEND. The additional materials are related to the previously announced all-stock business combination, through which XTEND is pursuing a U.S. public market listing by combining with JFB. Presentation Highlights: Transaction Overview: An all-stock business combination with an implied acquisition value of $1.5B, based on the price per share in the concurrent private placements. This transaction represents XTEND's path to a U.S. public market listing: XTEND is combining with JFB, a Nasdaq-listed company, to form a new publicly traded entity. With neither company "acquiring" the other, both sets of shareholders will hold equity in the combined company, XTEND AI Robotics, a Delaware company. In connection with the closing of the transaction, the combined company will be named XTEND AI Robotics and is expected to be listed on a U.S. national securities exchange under the ticker "XTND." XTEND Technology Platform: An overview of XOS, XTEND's unified operating system and hardware-agnostic mission platform, enabling human machine teaming across multiple domains through task-based autonomy and AI Pilots. Market Opportunity: XTEND addresses an estimated $67B total addressable market spanning defense, law enforcement, and private security. The company has deployed over 10,000 systems across more than 30 countries and works with leading defense and security organizations including the U.S. Department of War, UK Ministry of Defence, the Israel Defense Forces, the Singapore Army, and law enforcement customers across multiple countries. Financial Metrics: Key metrics include an approximately $500M pipeline, approximately $71M backlog as of December 31, 2025. Strategic Investors: The transaction is supported by $152M in investment commitments, with $42 million agreed to fund at signing. Strategic investors include Eric Trump, Unusual Machines (UMAC), American Ventures, Protego Ventures, Aliya Capital, and Agostinelli Group.

JFB Construction Holdings (JFB) has entered into a definitive agreement to combine with XTEND, a software-first defense technology company anchored by its AI XTEND Operating System in an all-stock transaction. The business combination is further supported by strategic investments from Eric Trump, Unusual Machines (UMAC), American Ventures, LLC, Protego Ventures, and Aliya Capital. Following the closing of the business combination, the joint company is expected to be renamed XTEND AI Robotics and be listed on Nasdaq under the ticker "XTND." With headquarters and a production facility in Tampa, FL, the combined company expects to be well positioned to become a leading US provider of AI-driven autonomous defense and security solutions. XTEND delivers next-generation autonomous systems for defense, public safety, and private security applications built on its battle proven XOS operating system. XTEND's products utilize remote operational capabilities, enabling multiple air, ground, and maritime drones to execute complex, dynamic missions with immediate operational readiness. The transaction is also expected to support the expansion and increased NDAA-compliant, US-made domestic production capacity at XTEND's Tampa, Florida production facility and ultimately accelerate the delivery of XTEND products to customers in the US, NATO allies, and Asia. Under the terms of the merger agreement, XTEND shareholders and JFB shareholders will receive shares of a new holding company, XTEND AI Robotics. Upon the closing of the transaction, current XTEND shareholders would own approximately 70.0% and JFB shareholders would own approximately 30.0% of XTEND AI Robotics' fully diluted shares on a pro forma basis, not including shares reserved for issuances under XTEND AI Robotics' equity incentive plans. The merger has been unanimously approved by the board of directors of both companies and approved by written consent by JFB shareholders owning a majority of the outstanding common stock of JFB. The parties expect the transaction to close during the middle of 2026.