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JFB and XTEND Announce $1.5 Billion Merger to Create AI-Powered Defense Robotics Leader

DEFENSEROBOTICS

JFB Construction Holdings and XTEND are merging in a $1.5 billion stock transaction to form XTEND AI Robotics, a Nasdaq-listed leader in AI-driven autonomous defense robotics. The merger is backed by strategic investors including Eric Trump and Unusual Machines.

The new entity will enhance domestic production capabilities in Tampa, Florida, and expedite product delivery to U.S. and NATO customers. XTEND AI Robotics is expected to be listed under the ticker 'XTND' and aims to address growing demand for defense technology amid global security instability.

JFB and XTEND Announce $1.5 Billion Merger to Create AI-Powered Defense Robotics Leader
Feb 19, 2026, 6:12 AM

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