STOCK TITAN

XTEND Supports British Army During Major Autonomous Strike Exercise, Advancing UK Operational Drone Warfare Capabilities

(Neutral)
(Positive)
Tags

JFB Construction Holdings (Nasdaq: JFB) reports that XTEND supported the British Army during Ex RHINO BIZZ, a major drone and electronic warfare exercise at BATUS in Canada, where 2 PARA independently operated five SCORPIO 1000 autonomous strike systems under contested, GNSS-denied conditions.

XTEND’s platforms were the only autonomous systems authorized to carry live kinetic payloads and enabled the British Army’s first validation of long-range autonomous strike missions at approximately 3.6 km, 6.5 km and 7.5 km. The milestone builds on an earlier UK live-fire event with 2 PARA and follows establishment of XTEND’s sovereign XFAB facility in Swindon. JFB also reiterates a definitive all-stock business combination with XTEND announced on February 17, 2026, after which the combined company is expected to be renamed XTEND AI Robotics and listed under ticker “XTND.”

Loading...
Loading translation...

AI-generated analysis. How Rhea-AI works. Not financial advice.

Positive

  • Five SCORPIO 1000 systems independently operated by 2 PARA in realistic EW conditions
  • Only autonomous systems with live kinetic payloads in Ex RHINO BIZZ, validating long-range strikes
  • First British Army validation of long-range autonomous strike missions with live payloads
  • Establishment of sovereign UK XFAB facility providing local manufacturing and support
  • Definitive all-stock business combination between JFB and XTEND announced February 17, 2026
  • Business combination backed by multiple strategic investors, including Eric Trump and other firms

Negative

  • None.

Market Context

Set against JFB’s moderate short positioning, the XTEND British Army exercise update slots into a pa...
Analysis

Set against JFB’s moderate short positioning, the XTEND British Army exercise update slots into a pattern where some strong defense wins still produced negative one-day moves. Investors may watch how this feeds into the pending XTEND combination and whether shorts maintain pressure as execution milestones accumulate.

Key Figures

Training area size: 2,700 square kilometers Training area size: 1,042 square miles Participating soldiers: approximately 350 soldiers +4 more
7 metrics
Training area size 2,700 square kilometers BATUS training area used for Ex RHINO BIZZ
Training area size 1,042 square miles BATUS training area used for Ex RHINO BIZZ
Participating soldiers approximately 350 soldiers 16 Air Assault Brigade participants in Ex RHINO BIZZ
Deployed systems five SCORPIO 1000 systems XTEND systems operated by 2 PARA’s UAS Platoon
Strike distance 3.6 kilometers Validated autonomous strike mission range with live kinetic payloads
Strike distance 6.5 kilometers Validated autonomous strike mission range with live kinetic payloads
Strike distance 7.5 kilometers Validated autonomous strike mission range with live kinetic payloads

Historical Context

5 past events · Latest: Jul 02 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Jul 02 Defense program progress Positive +5.2% XTEND advanced to Gauntlet II in $1 billion U.S. Drone Dominance Program.
Jun 30 Patent protection win Positive +2.6% XTEND secured U.S. Patent No. 12,222,735 for autonomous navigation technology.
Jun 25 Defense order follow-on Positive -0.4% XTEND reported $3 million follow-on order, lifting total disclosed defense orders above $12 million.
Jun 23 Major defense contract Positive -1.8% XTEND secured about $9.0 million for autonomous multi-drone operations and added patents.
Jun 17 S-4 amendment filing Positive -7.4% JFB and XTEND filed amended Form S-4 advancing review of their business combination.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent XTEND-focused announcements have produced mixed reactions, with some defense wins lifting JFB while regulatory and deal-related updates have coincided with selling.

Key Terms

electronic warfare, human-machine teaming, gnss-denied, uncrewed aerial system
4 terms
electronic warfare technical
"a major drone and electronic warfare exercise conducted at the British Army Training Unit"
Electronic warfare involves using technology to disrupt, deceive, or disable an opponent’s electronic systems, such as communication networks, radar, or navigation signals. It is like jamming or scrambling a radio or GPS to prevent others from receiving clear information. For investors, it matters because advances in electronic warfare can impact military capabilities, influence global security, and affect the stability of markets and technological investments.
human-machine teaming technical
"The exercise combined autonomous systems, electronic warfare, contested communications and human-machine teaming"
Human-machine teaming is the coordinated partnership between people and automated systems or AI where each side does what it does best — humans provide judgment and context while machines handle repetitive calculations, data analysis, or routine tasks. Investors care because this collaboration can boost productivity, reduce errors, speed decision-making and lower costs, all of which can improve a company’s competitiveness and future earnings potential, much like a skilled pilot working with an advanced autopilot.
gnss-denied technical
"operating under realistic battlefield conditions that included electronic warfare and GNSS-denied scenarios"
GNSS-denied describes situations where devices or operations cannot receive signals from satellite navigation systems like GPS, either because signals are blocked, jammed, spoofed or otherwise unavailable. For investors, it signals a need for alternative technologies or safeguards—like inertial sensors, local beacons or mapping systems—because businesses that rely on satellite positioning (drones, ships, autonomous vehicles, network timing) may face service disruption, safety risks, or added costs to stay resilient.
uncrewed aerial system technical
"which marked the first live firing of an uncrewed aerial system by British forces"
An uncrewed aerial system (UAS) is a remotely operated or autonomous aircraft plus its ground control equipment and support components — essentially a drone and the tools that make it fly and work. Investors care because UAS technology can change industries like delivery, surveying, agriculture, and security by lowering labor costs and enabling new services, but its commercial value depends on safety, regulation, and reliable performance much like any new tool needing rules and skilled operators.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google

Successful Completion of Ex RHINO BIZZ Builds on Historic UK Live-Fire Milestone with 2 PARA, Validates the British Army's First Long-Range Autonomous Strike Missions with Live Kinetic Payloads

TAMPA, Fla. and SWINDON, U.K., July 16, 2026 (GLOBE NEWSWIRE) -- JFB Construction Holdings (Nasdaq: JFB) announced today that XTEND, a leader in software systems and artificial intelligence-powered robotics, successfully supported the British Army during Ex RHINO BIZZ, a major drone and electronic warfare exercise conducted at the British Army Training Unit Suffield (BATUS) in Alberta, Canada.

The exercise represents the latest milestone in XTEND's expanding collaboration with the British Army following the historic live-fire demonstration conducted with the 2nd Battalion, Parachute Regiment (2 PARA) earlier this year, which marked the first live firing of an uncrewed aerial system by British forces in UK airspace.

Conducted across the 2,700-square-kilometer (1,042-square-mile) BATUS training area, Ex RHINO BIZZ brought together approximately 350 soldiers from 16 Air Assault Brigade to train in next-generation combat operations reflecting lessons emerging from modern conflicts. The exercise combined autonomous systems, electronic warfare, contested communications and human-machine teaming to replicate increasingly realistic battlefield conditions and reflects the British Army's continued evolution toward software-defined autonomous operations.

"Modern warfare is undergoing one of its most significant transformations in generations," said Aviv Shapira, Co-Founder and CEO of XTEND. "Military advantage will increasingly belong to forces capable of integrating software-defined autonomy into everyday operations. The successful operational employment of our systems during Ex RHINO BIZZ demonstrates how AI-powered autonomy is evolving from technology demonstrations into operational capability, enabling armed forces to execute increasingly complex missions while keeping soldiers further from harm."

During Ex RHINO BIZZ, soldiers from 2 PARA employed XTEND's SCORPIO 1000 autonomous strike systems in seek-and-strike missions across one of the world's largest military training areas, operating under realistic battlefield conditions that included electronic warfare and GNSS-denied scenarios. XTEND deployed five SCORPIO 1000 systems, operated independently by 2 PARA's UAS Platoon without XTEND operational support, demonstrating the unit's ability to independently employ the capability in realistic operational conditions.

XTEND's systems were the only autonomous platforms authorized to operate with live kinetic payloads during the exercise, enabling British forces to successfully validate autonomous strike missions designed to engage targets at distances of 3.6 kilometers (2.2 miles), 6.5 kilometers (4.0 miles) and 7.5 kilometers (4.7 miles). This represents the British Army's first validation of long-range autonomous strike missions with live kinetic payloads.

This achievement further strengthens XTEND's presence in the United Kingdom following the establishment of its sovereign UK XFAB manufacturing and support facility in Swindon. The facility provides localized manufacturing, engineering and lifecycle support for the United Kingdom and allied defense customers as demand for sovereign autonomous capabilities continues to grow.

"Our collaboration with the British Army has progressed from an initial proof-of-concept demonstration to independent operational employment by frontline soldiers," said Ofer Shahaf, General Manager of XTEND UK. "Progressing to Ex RHINO BIZZ reflects the confidence built through close collaboration with British defense stakeholders and our commitment to supporting the long-term modernization of allied forces through sovereign autonomous capabilities."

XTEND's SCORPIO 1000 is powered by the company's proprietary XTEND Operating System (XOS), an AI-driven autonomy platform that enables operators to execute complex missions with significantly reduced training requirements. The platform combines autonomous navigation, human-guided autonomy, resilient communications and mission-adaptable payload integration to support operations in complex and contested environments, allowing operators to maintain mission effectiveness in rapidly evolving battlefield conditions.

The successful completion of Ex RHINO BIZZ marks another milestone in XTEND's long-term collaboration with the British Army and reinforces the Company's position as a provider of operationally validated AI-powered autonomous systems supporting the modernization of allied defense forces.

+++++

To sign up to receive press releases in real time, please visit ir.xtend.me.

+++

As announced on February 17, 2026, JFB Construction Holdings (Nasdaq: JFB) and XTEND entered into a definitive agreement to combine with XTEND in an all-stock transaction. The business combination is further supported by strategic investments from Eric Trump, Unusual Machines, American Ventures, LLC, Protego Ventures, and Aliya Capital. Following the closing of the business combination, the joint company is expected to be renamed XTEND AI Robotics and be listed on a U.S. national securities exchange under the ticker symbol “XTND.”

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements regarding Xtend’s backlog, sales pipeline, revenue projections, and business outlook. Such statements are based on current expectations and assumptions and involve risks and uncertainties that could cause actual results to differ materially from those described. Xtend undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Readers are cautioned not to place undue reliance on these forward-looking statements. For a discussion of the risks and uncertainties that could cause actual results to differ materially, please refer to Xtend’s filings with the U.S. Securities and Exchange Commission.

About Xtend

XTEND is a leader in software systems and artificial intelligence-powered robotics, deployed in high-threat, complex operational environments where human exposure carries significant risk. Powered by its proprietary XTEND Operating System (XOS), XTEND’s integrated software and advanced robotic hardware solutions are designed to provide autonomy at the edge. Operating across defense, law enforcement, and private security missions through a platform of robots, drones, and robotic subsystems, XTEND’s open architecture platform facilitates scalability across partners and third-party applications. With over 10,000 systems deployed in over 30 countries, XTEND’s solutions have been validated in five combat zones and operationally deployed by national defense, special-mission units, and security organizations across the globe. Founded in Tel Aviv, Israel, and headquartered in Tampa, Florida, XTEND delivers NDAA-compliant solutions through a global network of regional XFAB manufacturing facilities located in the U.S., the U.K., Singapore, Israel, and Latvia. For more information, visit www.xtend.me.

About JFB Construction Holdings

JFB Construction Holdings (Nasdaq: JFB) is a real estate development and construction company that has provided general contracting and construction management services in 36 U.S. states. For more information, visit the company’s SEC filings at www.sec.gov.

Important Information for Investors and Stockholders

This communication is for informational purposes only and is not intended to, and does not, constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval, nor shall there be any issuance or sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. In connection with the transaction, NewCo and JFB filed a registration statement on Form S-4. Investors and security holders are urged to read the information statement/prospectus or registration statement and any other documents filed with the SEC carefully and in their entirety when they become available. Copies of the documents filed with the SEC by JFB will be available free of charge at www.sec.gov.

JFB Construction Holdings Contact:
CORE IR Mike Mason 516-222-2560 investors@jfbconstruction.net

XTEND Media Contact:
Headline Media Sarah Small 929-255-1449 sarah@headline.media

XTEND Investor Relations:
MZ North America Shannon Devine 203-741-8811 XTND@mzgroup.us


FAQ

What did XTEND achieve with the British Army during Ex RHINO BIZZ for JFB (Nasdaq: JFB)?

XTEND supported the British Army in Ex RHINO BIZZ, enabling first validated long-range autonomous strike missions with live kinetic payloads. According to XTEND, 2 PARA independently operated five SCORPIO 1000 systems under realistic electronic warfare and GNSS-denied battlefield conditions.

How far could XTEND’s SCORPIO 1000 autonomous drones strike during Ex RHINO BIZZ?

XTEND’s SCORPIO 1000 systems enabled strike missions at about 3.6 km, 6.5 km and 7.5 km. According to XTEND, these distances marked the British Army’s first validation of long-range autonomous strike missions using live kinetic payloads in realistic training conditions.

What is the business combination between JFB Construction Holdings (Nasdaq: JFB) and XTEND?

JFB and XTEND entered a definitive all-stock business combination agreement announced on February 17, 2026. According to JFB, the combined company is expected to be renamed XTEND AI Robotics and listed on a U.S. national securities exchange under ticker symbol “XTND.”

How is the JFB–XTEND deal supported by strategic investors?

The JFB–XTEND business combination is supported by strategic investments from several parties, including Eric Trump and Unusual Machines. According to JFB, additional investors include American Ventures, Protego Ventures and Aliya Capital, signalling external backing for the combined autonomous robotics platform.

What role does XTEND’s UK XFAB facility in Swindon play in its growth?

XTEND’s XFAB facility in Swindon provides sovereign UK manufacturing, engineering and lifecycle support for defense customers. According to XTEND, this localized capability supports growing demand for sovereign autonomous systems and strengthens the company’s presence and long-term collaboration with British and allied forces.

How does XTEND’s XOS autonomy platform benefit military drone operations?

XTEND’s XOS platform enables complex missions with reduced operator training by providing AI-driven autonomy. According to XTEND, XOS combines autonomous navigation, human-guided autonomy, resilient communications and adaptable payload integration to maintain mission effectiveness in complex, contested battlefield environments.