JFB Construction to Merge with XTEND in $1.5B Deal to Form Leading AI-Driven Defense Robotics Company
DEFENSEROBOTICS
JFB Construction Holdings has announced a $1.5 billion merger with XTEND, a defense technology firm specializing in AI-driven robotics. The transaction, supported by strategic investors including Eric Trump and Unusual Machines, will create XTEND AI Robotics, enhancing U.S. defense capabilities. XTEND shareholders will own approximately 70% of the combined entity post-merger, expected to complete in mid-2026 and listed on Nasdaq under the ticker 'XTND'.

Feb 18, 2026, 12:46 PM