XTEND AI Robotics begins trading on the New York Stock Exchange
XTEND AI Robotics begins trading on the New York Stock Exchange
Updated at: September 4, 2026 at 02:30 AM
On September 4, 2026, the technology landscape shifted as XTEND AI Robotics, Inc. officially began trading on the New York Stock Exchange (NYSE) under the ticker symbol 'XTND.'
This achievement followed a strategic merger between the Israeli defense-tech firm XTEND and the U.S.-based JFB Construction Holdings.
By utilizing a reverse merger, the company successfully bypassed a traditional IPO, raising $110 million and securing a valuation of approximately $1.5 billion.
Founded in 2018 by the Shapira brothers along with Rubi Liani and Adir Tubi, the company originally began as a gaming venture.
It has since evolved into a global leader in 'human-guided' autonomous drones and robotics, now headquartered in Tampa, Florida.
With manufacturing hubs spanning from Latvia to Singapore, this NYSE listing marks a pivotal step in their international expansion.
Executives are set to celebrate this growth by ringing the iconic opening bell at the NYSE, cementing the company's place as a dominant force in the AI-powered robotics industry.
