COMMUNIQUÉ DE PRESSE

America's Drone Industry Is Booming and XTEND Is Already Winning Contracts Before Its Nasdaq Debut

Palm Beach, USA, June 16th, 2026, FinanceWire


JFB Construction Holdings (NASDAQ: JFB) has entered into a definitive merger agreement with XTEND, a leader in software systems and artificial intelligence-powered robotics. Upon closing, the combined company is expected to be renamed XTEND AI Robotics and trade on a U.S. national securities exchange under ticker "XTND." XTEND recently announced a significant multi-million-dollar strategic defense contract for the delivery of more than 100 Scorpio drone systems to a defense customer in the Asia-Pacific region — one of the world's fastest-growing autonomous systems markets.

The announcement comes at a pivotal moment for the American drone industry. Drones have become ubiquitous across society — from commercial deliveries and sports broadcasting to frontline deployment in global conflicts. And at the defense level, autonomous drone systems are now a stated presidential priority under the Trump administration's $1.5 trillion defense budget request for fiscal year 2027.

XTEND: APAC Contract + DoD Drone Dominance Program

All Scorpio systems delivered under the APAC contract will be powered by XOS, XTEND's proprietary operating system for autonomous robotics. XOS serves as the software backbone across XTEND's air, ground, and maritime robotic platforms, enabling operators to command multiple autonomous systems within a unified environment while maintaining human oversight over mission-critical decisions. Deliveries are expected to commence during 2026 and extend into 2027.

XTEND was also selected among a limited group of companies invited to participate in the Phase II Qualifier of the U.S. Department of Defense's Drone Dominance Program — a large-scale defense initiative designed to accelerate the deployment of next-generation autonomous drone technologies with a stated goal of supporting the procurement of more than 200,000 drones by 2027. XTEND expects to demonstrate its XOS operating system this summer at Camp Grayling, showcasing scalable human-guided autonomous operations across complex and contested environments.

"The world is at an inflection point in how defense organizations think about autonomous systems. It's no longer about individual platforms, but about software-defined ecosystems that can scale across missions, geographies, hardware types, and threats. Contracts like this one show that defense customers are ready to commit to that vision, and XTEND is ready to deliver it." — Aviv Shapira, Co-Founder & CEO, XTEND.

XTEND's autonomous systems are deployed across air, land, and maritime domains in more than 30 countries worldwide. With over 10,000 systems deployed and operational validation in five combat zones, XTEND's solutions are trusted by defense, security, and special mission organizations globally. Regional manufacturing is supported through XFAB facilities in the U.S., U.K., Singapore, Israel, and Latvia.

Merger Details: JFB + XTEND = XTND

As announced February 17, 2026, JFB Construction Holdings and XTEND entered into a definitive all-stock merger agreement. Upon closing, the combined company is expected to be renamed XTEND AI Robotics and listed under ticker "XTND." The transaction is supported by strategic investments from Eric Trump, Unusual Machines, American Ventures LLC, Protego Ventures, and Aliya Capital.

The Broader Drone Investment Landscape

The merger comes as investor and government interest in autonomous drone platforms reaches new heights. Unusual Machines (NYSE American: UMAC), a key strategic investor in the JFB/XTEND transaction, has surpassed a $1.5 billion valuation and was recently highlighted as one of a select group of drone companies the Trump administration is reportedly considering for potential direct government funding with possible financing structures involving a mix of debt and equity. Shares of Unusual Machines Inc (NYSEAMERICAN: UMAC) surged ~50% following that report. Additionally, Aureus Greenway Holdings (Nasdaq: PUSA) was similarly selected to compete in the Phase II Qualifier of the DoD Drone Dominance Program with its MatrixFold multi-purpose attack drone making Aureus Greenway another portfolio company participating in this approximately $1 billion Pentagon initiative. Among the publicly traded companies operating within the same defense autonomous systems ecosystem, several names warrant investor attention alongside the XTEND/JFB story. Kratos Defense (NASDAQ: KTOS), focused on low-cost combat-capable unmanned aircraft, was selected alongside Northrop Grumman to deliver the Marine Corps' first drone wingman program under the MUX TACAIR Collaborative Combat Aircraft initiative. AeroVironment (Nasdaq: AVAV), the benchmark large-cap name in U.S. military small UAS with its Switchblade and Puma platforms, offers investors a widely followed sector reference point within the broader defense autonomous systems theme.

DISCLAIMER & COMPENSATION DISCLOSURE

This communication is a paid promotional investor awareness advertisement and should not be considered independent financial research, analyst coverage, or investment advice. USAStockReport.com and/or its parent, affiliate, or publishing entity Akchirpy Media LLP has received compensation of up to $6,750 via wire from FinnCom, Inc. for content creation, marketing, advertising, and distribution services relating to JFB Construction Holdings, Inc. (Nasdaq: JFB) during the period of May and June 2026. No stock, options, warrants, or other securities compensation has been received. Neither USAStockReport.com, Akchirpy Media LLP, nor any of their owners, employees, contractors, or affiliates are registered broker-dealers, investment advisers, or securities analysts with the U.S. Securities and Exchange Commission or any state securities regulator. This communication relates to a proposed transaction between JFB Construction Holdings, Inc. ("JFB") and XTEND AI Robotics Ltd. ("XTEND"). The proposed transaction remains subject to customary closing conditions, regulatory review, approvals, and definitive documentation, and there can be no assurance that the transaction will be completed on the anticipated terms or at all. In connection with the proposed transaction, JFB expects to file relevant materials with the SEC, including registration statements, proxy materials, and/or other offering documents as applicable. Investors and security holders are strongly encouraged to read these materials when they become available. Copies of SEC filings may be obtained free of charge from the SEC EDGAR database at www.sec.gov. Information contained in this communication is derived from publicly available sources, including SEC filings, company press releases, and public disclosures believed to be reliable; however, such information has not been independently verified by the publisher, and no representation or warranty is made regarding its accuracy, completeness, or timeliness. This communication should not be relied upon as a substitute for reviewing original source documents. This communication may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on current expectations and estimates and involve known and unknown risks and uncertainties that may cause actual results to differ materially. These risks include, without limitation, failure to complete the proposed transaction, regulatory or shareholder approval risks, financing risks, changing market conditions, competitive pressures, geopolitical developments, defense procurement uncertainty, and other risks described in SEC filings. No obligation is undertaken to update forward-looking statements except as required by law. This communication is for informational advertising and investor awareness purposes only. Nothing contained herein constitutes investment advice, securities research, a recommendation to buy, sell, or hold any security, or legal, tax, accounting, or financial advice. Investing in securities involves substantial risk, including possible total loss of capital. Readers should conduct their own independent due diligence and consult qualified financial professionals before making any investment decision. This communication does not constitute an offer to sell or a solicitation of an offer to buy securities in any jurisdiction where such offer or sale would be unlawful. The information contained in this article is derived exclusively from public press releases, SEC filings, and other official disclosures issued by JFB Construction Holdings, Inc. and XTEND AI Robotics Ltd. The information contained in this article is derived exclusively from public press releases, SEC filings, and other official disclosures issued by JFB Construction Holdings, Inc. and XTEND AI Robotics Ltd. No independent verification has been performed by the publisher. This content has been reviewed and approved for distribution by FinnCom, Inc., the compensating third party.

Sources: 

https://finance.yahoo.com/sectors/technology/articles/xtend-secures-seven-figure-defense-123000001.html

https://finance.yahoo.com/sectors/technology/articles/jfb-announces-xtend-uk-expansion-123000053.html

https://money.usnews.com/investing/articles/best-drone-stocks-to-buy

https://www.wsj.com/politics/national-security/trump-us-drone-company-funding-cadef1f7

https://www.reuters.com/business/aerospace-defense/eric-trump-invests-israeli-drone-maker-xtends-merger-with-florida-construction-2026-02-17/

https://finance.yahoo.com/sectors/technology/articles/xtend-wins-3m-contract-100-123000965.html

https://finance.yahoo.com/markets/stocks/articles/drone-stocks-surge-unusual-machines-192255992.html



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