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Israeli Drone Company Xtend to List on Nasdaq at $1.5 Billion Valuation Following Merger with JFB Construction Holdings

DEFENSEROBOTICS

Israeli drone company Xtend will merge with JFB Construction Holdings, resulting in a Nasdaq listing at a $1.5 billion valuation. The merger includes a $152 million investment from various backers, including Eric Trump. Upon completion, the combined entity will be renamed XTEND AI Robotics and trade under the ticker XTND.

Israeli Drone Company Xtend to List on Nasdaq at $1.5 Billion Valuation Following Merger with JFB Construction Holdings
Feb 18, 2026, 5:51 PM

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