{"id":390679,"date":"2026-09-04T20:42:45","date_gmt":"2026-09-04T20:42:45","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/390679\/"},"modified":"2026-09-04T20:42:45","modified_gmt":"2026-09-04T20:42:45","slug":"tampa-defense-firm-joins-nyse-after-110m-raise","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/390679\/","title":{"rendered":"Tampa Defense Firm Joins NYSE After $110M Raise"},"content":{"rendered":"

Tampa-headquartered XTEND AI Robotics<\/a> began trading on the New York Stock Exchange Friday as \u201cXTND\u201d after a merger raised $110 million to expand manufacturing.<\/p>\n

The listing follows Thursday\u2019s merger with JFB Construction Holdings. JFB\u2019s Class A shares stopped trading on Nasdaq at Thursday\u2019s close, while XTEND<\/a> entered Friday as the public parent of both companies with about $67.7 million in cash, above the $60 million closing minimum.<\/p>\n

The capital will support XTEND<\/a> as it scales a robotics platform deployed by defense, law enforcement and security organizations. Its XTEND Operating System, or XOS, connects software with drones and other robotic systems built for high-risk environments.<\/p>\n

\u201cCompleting our merger with JFB is the last step in the process of establishing XTEND AI Robotics as a U.S.-listed company,\u201d co-founder and CEO Aviv Shapira said. \u201cWe begin this next stage of XTEND\u2019s growth well-capitalized and prepared to scale our AI-powered robotics platform for defense, law enforcement, and security customers around the world.\u201d<\/p>\n

\n Read More\n <\/p>\n


\n Tampa-based XTEND to go public in $1.5B merger
\n <\/a><\/p>\n

\n XTEND announced plans in February to go public through a $1.5 billion merger with JFB Construction Holdings, less than a year after opening its U.S. headquarters and manufacturing operation in Tampa.\n <\/p>\n

XTEND says it has deployed more than 12,500 systems in more than 30 countries and five combat zones, a footprint it is expanding beyond aerial drones. Earlier this week, the company deployed its first AtlasROVER since acquiring Atlas, extending XOS into ground robotics as XTEND prepares to increase manufacturing.<\/p>\n

That manufacturing spans facilities in the United States, United Kingdom, Singapore, Israel and Latvia. Chief Financial Officer Tal Horesh said the new capital and demand from defense and public safety customers position XTEND to expand production.<\/p>\n

The deal began in February, when XTEND Reality Expansion Ltd. agreed to merge with JFB, a Nasdaq-listed construction and real estate<\/a> developer. The companies amended their merger agreement in March and July, and by Thursday\u2019s close, both were wholly owned subsidiaries of XTEND AI Robotics Inc. and JFB\u2019s Nasdaq trading ended.<\/p>\n

\n\tRelated<\/p>\n","protected":false},"excerpt":{"rendered":"Tampa-headquartered XTEND AI Robotics began trading on the New York Stock Exchange Friday as \u201cXTND\u201d after a merger…\n","protected":false},"author":2,"featured_media":390680,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[135,137,136],"class_list":["post-390679","post","type-post","status-publish","format-standard","has-post-thumbnail","category-tampa","tag-tampa","tag-tampa-headlines","tag-tampa-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/390679","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=390679"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/390679\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/390680"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=390679"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=390679"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=390679"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}