New funding helps U.S. enlargement and superior AI robotic programs
XTEND, an organization recognized for its AI-powered tactical autonomous robotic programs, has introduced the completion of its $70 million Sequence B funding spherical. The ultimate $30 million extension was co-led by Aliya Capital Companions and Protego Ventures, with help from buyers comparable to Claltech, Union-Tech Ventures, and Chartered Group.
XTEND’s programs are actively utilized by the U.S. Division of Protection, Singapore, Europe, the UK, and Israel Protection Pressure. The expertise is designed to assist protection and public security businesses enhance mission success whereas holding personnel safer in tough environments.
Scaling Manufacturing and U.S. Presence
The brand new funding will assist XTEND scale up U.S. and world manufacturing, increase real-time AI capabilities, and help additional deployments with U.S. and allied forces. It should additionally help with humanitarian and emergency response efforts.
The announcement follows the grand opening of XTEND’s U.S. headquarters and manufacturing facility in Tampa, Florida, on July 1. The occasion included a ribbon-cutting ceremony and a tour of the superior drone manufacturing traces.
“The grand opening of XTEND’s Tampa facility represents greater than a bodily enlargement—it marks a brand new section of operational scale, U.S. engagement, and world relevance,” stated Lee Moser, Co-Founder and Common Companion of Protego Ventures.
Lital Leshem, Co-Founder and Managing Companion at Protego Ventures, added: “We invested in XTEND as a result of it’s clear they’re constructing a category-defining platform for human-guided autonomy that may scale quick and make a right away affect.”
Sturdy Help from Traders
Ross Kestin, Founding Companion and CEO of Aliya Capital Companions, has joined XTEND’s Board of Administrators. He acknowledged: “XTEND’s mission—to ship cutting-edge drone and robotics programs for high-risk, mission-critical environments—aligns instantly with our imaginative and prescient of supporting applied sciences that defend and improve life. We’re honored to again Aviv and his world-class workforce.”
Avi Fischer, Chairman of Clal Industries and Claltech, shared his confidence in XTEND: “What satisfied us to take a position wasn’t simply the tech—it was their suggestions. They spoke about how the system has saved lives, how AI-driven coaching lower studying time by 99%, and the way this expertise is already altering the battlefield.”
Dr. Peter Kash, Chairman of the Board at XTEND, famous: “This milestone represents the conclusion of XTEND’s imaginative and prescient to deliver our groundbreaking applied sciences nearer to the U.S. protection ecosystem. With this facility, we’re laying the muse for sustained progress, high-tech job creation, and significant contributions to America’s safety and industrial capabilities.”
Tal Recanati, Managing Director at Union-Tech Ventures, stated: “With the profitable completion of this newest financing spherical, XTEND is now poised to strengthen its place as a world chief in protection expertise.”
Trying Forward
XTEND CEO Aviv Shapira stated: “The profitable completion of our Sequence B financing highlights the surging demand for mission-critical autonomous programs from allied protection and public security businesses. The funding will gasoline accelerated R&D, scale manufacturing, and world deployment enlargement.”
XTEND plans to proceed advancing its XOS working system and autonomous platforms to boost human-machine teaming in complicated missions. Hundreds of its programs are already in use worldwide, supporting protection, homeland safety, and emergency response missions.
For extra info, go to XTEND’s official web site right here.
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Miriam McNabb is the Editor-in-Chief of DRONELIFE and CEO of JobForDrones, an expert drone providers market, and a fascinated observer of the rising drone trade and the regulatory setting for drones. Miriam has penned over 3,000 articles targeted on the business drone area and is a global speaker and acknowledged determine within the trade. Miriam has a level from the College of Chicago and over 20 years of expertise in excessive tech gross sales and advertising and marketing for brand spanking new applied sciences.
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