XTEND selected for Phase II of Pentagon's Drone Dominance Program, plans public merger
By
JAMES GENN
Crisp on the outside, thoughtful on the inside. A keeper.
Summary
XTEND, an AI software and robotics company founded in Tel Aviv and headquartered in Tampa, Florida, has been selected for Phase II of the US Defense Department's Drone Dominance Program (DDP), a major Pentagon initiative aiming to procure over 200,000 autonomous drones by 2027. The company is set to go public via a proposed merger with JFB Construction Holdings this summer, positioning itself among a limited number of firms tied to the Pentagon's drone procurement goals.
Key quotes
· 3 pulledXTEND, an AI software and robotics company, was selected for Phase II of the US Defense Department's Drone Dominance Program (DDP)
XTEND is set to go public via a proposed merger with JFB this summer.
DDP is a defense initiative aiming to 'accelerate the deployment of next-generation autonomous drone technologies across the US milit
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