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Jewish News 24 · Sep 2, 2026

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Israeli defense-tech company XTEND is set to begin trading on the Nasdaq under the ticker XTND following its merger with Nasdaq-listed JFB Construction Holdings. The combined company, valued at an implied $1.5 billion, will be renamed XTEND Al Robotics Inc. and headquartered in Tampa, Florida, with current XTEND shareholders holding roughly 70% of the combined entity. Strategic investors in the deal reportedly include Eric Trump, Unusual Machines, Protego Ventures, American Ventures, LLC, Aliya Capital and Agostinelli Group, who together committed $152 million to the transaction. XTEND's flagship product is its Al-powered XTEND Operating System (XOS), used for autonomous defense, public safety and security applications.

Israeli defense-tech company XTEND is set to begin trading on the Nasdaq under the ticker XTND following its merger with Nasdaq-listed JFB Construction Holdings. The combined company, valued at an implied $1.5 billion, will be renamed XTEND Al Robotics Inc. and headquartered in Tampa, Florida, with current XTEND shareholders holding roughly 70% of the combined entity. Strategic investors in the deal reportedly include Eric Trump, Unusual Machines, Protego Ventures, American Ventures, LLC, Aliya Capital and Agostinelli Group, who together committed $152 million to the transaction. XTEND's flagship product is its Al-powered XTEND Operating System (XOS), used for autonomous defense, public safety and security applications.

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