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XTEND Secures Multi-Year Contract Valued at Up to $15 Million with European NATO Member Ministry of Defense as Allied Militaries Shift Away from Chinese-Made Drones

August 18, 2026
Source: manilatimes.net manilatimes.net
News Snapshot:
Multi-year contract, with approximately $4.5 million secured for the first year, highlights growing demand for trusted, allied-manufactured autonomous systems, with similar regulatory and procurement shifts creating significant opportunity in the U.S. XTEND Expected to Begin Trading on the NYSE Following September 8, 2026 Close of MergerTAMPA, Florida, Aug. 17, 2026 (GLOBE NEWSWIRE) -- JFB Construction Holdings (Nasdaq: JFB) announced today that XTEND, a leader in AI-powered autonomy and software-defined robotics, has entered into a multi-year contract valued at up to approximately $15 million with the Ministry of Defense of a European NATO member nation, with approximately $4.5 million secured for...
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