XTEND

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.

XTEND, an AI-powered robotics company merging with JFB Construction Holdings, opened a sovereign UK artificial intelligence robotics manufacturing facility called XFAB in Swindon, England. The launch is backed by an initial £1.93 million order, with plans to invest up to £20 million over time.

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.

JFB Construction Holdings has entered into a definitive agreement to combine with XTEND in an all-stock transaction valued at $1.5 billion, creating a Nasdaq-listed leader in AI-driven autonomous defense robotics. The combined company will be headquartered in Tampa, Florida.

JFB Construction Holdings (Nasdaq: JFB) entered into a definitive agreement to combine with XTEND in an all-stock transaction valued at $1.5 billion. The combined company will be renamed XTEND AI Robotics and listed on Nasdaq under ticker 'XTND', with headquarters and a production facility in Tampa, FL.