# XTEND and JFB Construction announce $1.5B all-stock merger to form XTEND AI Robotics

Israeli drone-autonomy company XTEND and Nasdaq-listed JFB Construction Holdings announced a $1.5 billion all-stock merger to form XTEND AI Robotics, trading under ticker XTND. The deal is expected to close in mid-2026.

- Type: Acquisition
- Announced: 2026-07-27
- Where: Tampa, Florida, United States
- Value: $1.50B
- Status: announced
- Products: AI-driven autonomous drones, XOS operating system
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [XTEND](https://endata.com/companies/18663.md)
- [JFB Construction Holdings](https://endata.com/companies/18662.md) (target)

## Sources

- [theroboticsmedia.com](https://theroboticsmedia.com/article/xtend-jfb-1-5-billion-merger-xtend-ai-robotics-nasdaq-xtnd-july-27-2026), 2026-07-30: "Israeli defense-technology company XTEND is going public through a $1.5 billion all-stock merger with Nasdaq-listed JFB Construction Holdings."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.