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JFB Announces XTEND’s Strategic Partnership with ParaZero Technologies to Revolutionize Drone Interception Capabilities
Globenewswire· 2026-03-26 12:42
New Integration Enables Fully Autonomous Drone Interception, from Detection to Capture Partnership a Result of Increasing Demand for Integrated Defense Solutions as Multi-Domain Drone Threats Intensify Tampa, Fla., March 26, 2026 (GLOBE NEWSWIRE) -- JFB Construction Holdings (Nasdaq: JFB) and XTEND, a leader in software systems and artificial intelligence-powered robotics, today announced a strategic partnership with ParaZero Technologies Ltd. (Nasdaq: PRZO), an aerospace defense company pioneering smart, ...
JFB Announces XTEND's Strategic Partnership with ParaZero Technologies to Revolutionize Drone Interception Capabilities
Globenewswire· 2026-03-26 12:42
New Integration Enables Fully Autonomous Drone Interception, from Detection to Capture  Partnership a Result of Increasing Demand for Integrated Defense Solutions as Multi-Domain Drone Threats Intensify Tampa, Fla., March 26, 2026 (GLOBE NEWSWIRE) -- JFB Construction Holdings (Nasdaq: JFB) and XTEND, a leader in software systems and artificial intelligence-powered robotics, today announced a strategic partnership with ParaZero Technologies Ltd. (Nasdaq: PRZO), an aerospace defense company pioneering smart, ...
Eric Trump Is Backing An AI Defense Robotics Firm Headed For Nasdaq — And Wall Street Should Pay Attention
Benzinga· 2026-02-17 15:24
Core Viewpoint - The merger of XTEND is set to create a company that will trade under the ticker XTND, focusing on the fast-growing sector of autonomous defense systems [1] Group 1: Company Overview - XTEND's primary asset is its proprietary XOS operating system, which enables drones and robotic systems to perform complex missions across various environments, including air, ground, and maritime [2] - The platform facilitates remote operations, enhancing safety for human operators, which is increasingly vital due to rising global security risks [2] Group 2: Strategic Advantages - The merger not only provides capital but also grants XTEND access to U.S.-based production infrastructure, with manufacturing based in Tampa, Florida, positioning the company for increased domestic production compliant with NDAA as demand grows from the U.S. and allied nations [3] - XTEND shareholders are expected to retain approximately 70% control of the combined company post-merger, indicating strong confidence in the venture [4] Group 3: Market Potential - As artificial intelligence transitions from software to real-world applications, defense robotics is emerging as a significant frontier, although it remains to be seen if Wall Street will view it as a highly investable sector [4]