JFB and XTEND Announce $1.5 Billion Merger to Establish AI-Powered Defense Robotics Leader in the U.S.
DEFENSEROBOTICS
JFB Construction Holdings and XTEND have agreed to merge in a $1.5 billion deal, creating XTEND AI Robotics. The merger, supported by investors including Eric Trump and Unusual Machines, aims to combine AI-driven robotic defense systems with existing operational capabilities in the U.S., enhancing national security. The new company will be based in Tampa, Florida, and is expected to be listed on Nasdaq under the symbol 'XTND' upon completion, anticipated by mid-2026.

Feb 19, 2026, 6:06 AM