XTEND Secures $1.67M Contract with Israel's Defense Ministry

Written by Emily J. Thompson, Senior Investment Analyst

Source: seekingalpha

Updated: Apr 21 2026

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Source: seekingalpha

Significant Contract Value: XTEND has secured a $1.67M contract from Israel's Defense Ministry for drone systems expected to be delivered in 2026, which not only strengthens the company's position in AI-based defense robotics but also lays the groundwork for securing larger contracts in the future.
International Collaboration Expansion: Currently, XTEND is working with defense clients in 30 countries and anticipates more and larger deals in 2026, indicating the company's growing influence in the global defense market.
Merger Plans Advancing: JFB Construction and XTEND are set to merge in an all-stock deal, with the new entity to be listed in the U.S. as XTEND AI Robotics, a strategic move that will enhance the company's visibility and financing capabilities in the capital markets.
Positive Market Reaction: Following the merger and contract announcements, XTEND's stock has seen an uptick, reflecting market optimism regarding the company's future prospects in the drone and defense technology sectors.

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About JFB

JFB Construction Holdings is a commercial and residential real estate construction and development company. It provides services to commercial and residential markets, such as retail corporate buildouts, multifamily community developments and luxury residential homes. Its segments include Commercial Construction, Residential Construction and Real Estate Development. Its Commercial Construction segment includes all activities related to the construction of commercial properties such as office buildings, retail spaces, and industrial facilities. Its Residential Construction segment is focused on the construction of residential properties, including single-family homes and multifamily units. Within this segment, it provides custom-designed homes and remodels. Its Real Estate Development segment includes the acquisition, development, and sale of real estate properties. Its Real Estate Development segment is concentrated in South Florida, and in other Southern and United States markets.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

XTEND Secures $8.25 Million Drone Order from European Defense Client

1 day agoNewsfilter

Order Expansion: XTEND has secured an $8.25 million order from a European defense client for drone systems, including indoor operational platforms and tactical strike systems, with delivery expected in 2026, indicating a sustained increase in demand for deployable autonomous systems.
Technological Edge: XTEND's systems leverage its proprietary XOS operating system, enabling human-guided autonomy and real-time mission execution, allowing for coordinated operations across multiple robotic systems, thereby enhancing operational efficiency and flexibility in complex environments.
Market Trend Shift: This order reflects the accelerating acceptance of autonomous systems by defense organizations, marking a structural shift towards large-scale deployment, with XTEND's influence in the global defense market continuing to grow.
Strategic Investment Support: The merger with JFB Construction Holdings is further backed by investors like Eric Trump, and the combined entity is expected to be renamed XTEND AI Robotics, enhancing market competitiveness and resource integration capabilities.

XTEND Secures $2.2M Defense Contract to Tackle Drone Threats

May 01 2026Newsfilter

Significant Contract Value: XTEND has secured a contract worth approximately $2.2 million from a leading defense customer in the Middle East to develop advanced autonomous aerial defense systems, enhancing the company's market position in the defense sector.
Demand for Technological Innovation: The rapid increase of low-cost, high-capability airborne threats has created an urgent need for new aerial defense solutions, and XTEND's systems leverage its proprietary XOS operating system to enable human-guided autonomy, addressing this market demand.
Strategic Market Expansion: This contract marks XTEND's expansion into advanced autonomous aerial defense and counter-UAS mission domains, further solidifying its operational deployment record among global defense customers and is expected to drive future business growth.
Addressing Complex Challenges: CEO Aviv Shapira emphasized that defense organizations face new challenges requiring autonomous systems for real-time response, and the company's technological innovations will help clients effectively counter these complex airborne threats, enhancing their defense capabilities.