JFB and XTEND Announce $1.5 Billion Merger to Establish AI-Powered Defense Robotics Leader in the U.S.
DEFENSEROBOTICS
JFB Construction Holdings and XTEND will merge in a $1.5 billion transaction to form XTEND AI Robotics, focusing on AI-driven autonomous defense solutions. The deal is backed by strategic investors, including Eric Trump and Unusual Machines.
The combined entity will enhance U.S. defense capabilities with advanced robotic systems and will be headquartered in Tampa, Florida. The merger aims to bolster domestic manufacturing capacity in compliance with the NDAA, accelerating product delivery to U.S. and NATO clients.
Current XTEND shareholders will own approximately 70% of the new company, with JFB shareholders holding about 30%. The merger is expected to close by mid-2026.
Feb 19, 2026, 6:06 AM
