JFB Construction Holdings and XTEND announce $1.5B business combination

JFB Construction Holdings will combine with XTEND in an all-stock transaction valued at $1.5 billion, creating a Nasdaq-listed AI-driven autonomous defense robotics company. The deal was announced on February 17, 2026.

“The demand for systems that keep operators out of harm's way is growing exponentially.”markets.ft.com

• 1 source
• markets.ft.comJFB and XTEND Announce $1.5B Business Combination to Establish a Nasdaq-Listed US Leader in AI-Driven Autonomous Defense Robotics – Company Announcement - FT.comFeb 17, 2026

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