XTEND Surpasses $12 Million in Cumulative Defense Orders with $3 Million Follow-On Order Across Two Autonomous System Programs

JFB (Nasdaq:JFB) announced that XTEND AI Robotics secured a $3 million follow-on defense order from an existing customer, one day after a separate $9 million defense order.

Rhea-AI Summary

JFB (Nasdaq:JFB) announced that XTEND AI Robotics secured a $3 million follow-on defense order from an existing customer, one day after a separate $9 million defense order. Combined, announced defense procurement exceeds $12 million across two autonomous system programs within 24 hours.

The follow-on order expands capabilities for a large-scale autonomous systems deployment and illustrates XTEND’s software-driven, ecosystem strategy. JFB and XTEND have a definitive all-stock business combination agreement, backed by several strategic investors, after which the combined company is expected to be renamed XTEND AI Robotics and listed as XTND.

Positive

• Announced defense procurement exceeds $12 million across two programs within 24 hours
• $3 million follow-on order from existing defense customer expands a large-scale deployment
• Separate $9 million Middle East program funds autonomous multi-drone operations
• Orders demonstrate revenue beyond initial platform sales via mission-enhancing technologies
• Definitive all-stock business combination between JFB and XTEND announced February 17, 2026
• Business combination supported by multiple named strategic investors

Negative

• None.

Argus Jun 25 session

-0.41% close to close Open Argus

Details

News Market Reaction – JFB

In the Jun 25 session, JFB declined 0.41%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement highlights over $12 million in XTEND defense orders across two programs within a d...

Analysis

This announcement highlights over $12 million in XTEND defense orders across two programs within a day, underscoring demand for its XOS-based ecosystem. With JFB’s all-stock combination pending, integration execution and revenue durability from follow-on orders remain important watch points.

Key Figures

Follow-on defense order: $3 million Prior defense order: $9 million Cumulative defense procurement: more than $12 million +2 more

Follow-on defense order

$3 million

New order from existing defense customer for autonomous capabilities

Prior defense order

$9 million

Defense order announced June 23, 2026 for Middle East customer

Cumulative defense procurement

more than $12 million

Announced across two autonomous system programs within 24 hours

Announcement date

June 25, 2026

Date of follow-on order press release

Business combination agreement date

February 17, 2026

Definitive all-stock transaction agreement between JFB and XTEND

Historical Context

5 past events · Latest: Jun 23

5 events

1. Jun 23

   Defense contract win

   24h Move

   -1.8%

   XTEND announced about $9M in defense orders and new UAV patents.

2. Jun 17

   Merger filing update

   24h Move

   -7.4%

   JFB and XTEND filed an amended Form S-4 for their combination.

3. Jun 16

   Conference participation

   24h Move

   -7.4%

   XTEND scheduled investor meetings at the 16th Annual ROTH London Conference.

4. Jun 16

   Patent granted

   24h Move

   +1.6%

   XTEND secured a U.S. patent for UAV control in degraded communications.

5. Jun 09

   Defense contract win

   24h Move

   -5.2%

   XTEND won a $3M contract for over 100 XOS-enabled drone systems.

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

Key Terms

follow-on order, autonomous robotic systems, all-stock transaction, operating systems

4 terms

follow-on order financial

"has secured a $3 million follow-on order from an existing defense customer"

A follow-on order is an additional buy or sell instruction placed after an initial trade to adjust a position, respond to new information, or maintain a trading strategy. For investors it matters because these subsequent orders can change how much of a stock you own, influence short-term price movement and liquidity, and signal intent to other market participants—like adding or removing items from a shopping cart after a price change.

autonomous robotic systems technical

"deploy, supervise, and manage autonomous robotic systems across complex missions"

Autonomous robotic systems are machines that sense their environment, make decisions, and perform tasks on their own using sensors, software, and internal computers, without constant human control. Investors care because these systems can cut labor costs, boost speed and quality, and create new business opportunities—similar to a factory installing automated assembly lines—but they also require large upfront investment, ongoing maintenance and may face regulatory or safety hurdles that affect returns.

all-stock transaction financial

"entered into a definitive agreement to combine with XTEND in an all-stock transaction"

An all-stock transaction is a deal where one company acquires another using only its own shares instead of cash or other assets. For investors, this means exchanging ownership stakes rather than cash, which can affect the value and control of the companies involved. It often signals a focus on growth and can influence the stock prices of both companies.

operating systems technical

"a leader in AI-powered autonomous robotics and operating systems"

An operating system is the core software that controls a computer or device, managing hardware, running applications and coordinating tasks much like a building manager who assigns rooms, power and security to tenants. It matters to investors because the choice and quality of an operating system shape a company’s product compatibility, user base, security risk and recurring revenue from app stores or services—factors that drive market share, costs and future growth.

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 Not now

Follow-On Order Builds on Separate $9 Million Defense Order Announced June 23, 2026, Demonstrates Breadth of XTEND’s Defense Relationships

Additional Procurement Reinforces XTEND’s Ecosystem-Driven Growth Strategy

TAMPA, Fla. and Palm Beach, Fla, June 25, 2026 (GLOBE NEWSWIRE) -- JFB Construction Holdings (Nasdaq: JFB) announced that XTEND AI Robotics (the “Company”), a leader in AI-powered autonomous robotics and operating systems, has secured a $3 million follow-on order from an existing defense customer for advanced operational capabilities supporting one of the Company’s largest autonomous system deployments to date. The order is separate from, and came one day after, the Company’s $9 million defense order announced on June 23, 2026. Together they bring XTEND’s announced defense procurement to more than $12 million across two distinct customer programs within 24 hours, reflecting the growing breadth and depth of the Company’s defense relationships.

“More than $12 million in defense orders announced across two separate customer programs in a single day reflects exactly how we have built this business,” said Aviv Shapira, Co-Founder and Chief Executive Officer of XTEND. “This follow-on order specifically reinforces an important aspect of our long-term growth strategy. As customers move from initial deployment to sustained operational use, they continue to adopt additional capabilities that enhance mission effectiveness and expand the value of their existing fleets. We believe this dynamic strengthens customer relationships, creates recurring growth opportunities, and reinforces the strategic value of the XTEND ecosystem.”

The $3 million order builds on prior platform deliveries to the same customer, reflecting how operational programs can scale beyond initial acquisitions as mission requirements evolve. Unlike the $9 million Middle East program announced previously, which funds expansion of autonomous multi-drone operations for a separate defense customer, this order supports a distinct large-scale autonomous systems program, expanding the operational capabilities available within that deployment and further demonstrating XTEND’s ability to generate revenue beyond initial platform sales through the continued adoption of mission-enhancing technologies.

Powered by the XOS operating system, XTEND’s solutions enable operators to deploy, supervise, and manage autonomous robotic systems across complex missions while maintaining human oversight. The Company’s software-first architecture supports a growing ecosystem of robotic platforms, applications, and mission capabilities designed to evolve alongside customer operational requirements.

+++++

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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did JFB (NASDAQ:JFB) announce about XTEND’s new $3 million defense order on June 25, 2026?

JFB announced XTEND secured a $3 million follow-on defense order from an existing customer for advanced autonomous system capabilities. According to JFB, this supports one of XTEND’s largest autonomous system deployments and expands operational capabilities within that program as mission requirements evolve.

How much total defense procurement has XTEND announced across the two programs, and over what period?

XTEND has announced more than $12 million in defense orders across two separate customer programs within 24 hours. According to JFB, this includes a $9 million Middle East autonomous multi-drone program and a separate $3 million follow-on order for a large-scale autonomous systems deployment.

What is the difference between XTEND’s $9 million Middle East order and the new $3 million follow-on order?

The $9 million Middle East order funds expansion of autonomous multi-drone operations for one defense customer. According to JFB, the $3 million follow-on order supports a distinct large-scale autonomous systems program, expanding available operational capabilities within that separate deployment.

How does XTEND’s $3 million follow-on defense order support its ecosystem-driven growth strategy?

The follow-on order adds advanced capabilities to an existing deployment, illustrating growth beyond initial platform sales. According to JFB, XTEND sees customers adopting additional mission-enhancing technologies over time, which it believes can strengthen relationships and create recurring growth opportunities within its AI robotics ecosystem.

What business combination has JFB (NASDAQ:JFB) agreed with XTEND AI Robotics, and how will the company be renamed?

JFB and XTEND have a definitive all-stock agreement to combine their businesses. According to JFB, after closing, the joint company is expected to be renamed XTEND AI Robotics and listed on a U.S. national securities exchange under the ticker symbol XTND.

Which investors are supporting the JFB and XTEND AI Robotics business combination?

The combination is supported by several strategic investors, including Eric Trump, Unusual Machines, American Ventures, Protego Ventures, and Aliya Capital. According to JFB, these investments are aligned with the planned all-stock business combination and the future XTEND AI Robotics public listing under ticker XTND.

How do XTEND’s autonomous systems and XOS operating system relate to the new defense orders for JFB’s portfolio company?

XTEND’s solutions, powered by the XOS operating system, allow operators to manage autonomous robotic systems under human oversight. According to JFB, the new defense orders leverage this software-first architecture, which supports a growing ecosystem of robotic platforms, applications, and evolving mission capabilities.