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 corresponding 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 Drive. The know-how is designed to assist protection and public security companies enhance mission success whereas maintaining personnel safer in troublesome 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 can 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,” mentioned Lee Moser, Co-Founder and Basic 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 an instantaneous influence.”
Robust Assist from Buyers
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 shield and improve life. We’re honored to again Aviv and his world-class crew.”
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 minimize studying time by 99%, and the way this know-how is already altering the battlefield.”
Dr. Peter Kash, Chairman of the Board at XTEND, famous: “This milestone represents the belief of XTEND’s imaginative and prescient to convey 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, mentioned: “With the profitable completion of this newest financing spherical, XTEND is now poised to strengthen its place as a worldwide chief in protection know-how.”
Wanting Forward
XTEND CEO Aviv Shapira mentioned: “The profitable completion of our Sequence B financing highlights the surging demand for mission-critical autonomous programs from allied protection and public security companies. The funding will gas 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 advanced missions. 1000’s of its programs are already in use worldwide, supporting protection, homeland safety, and emergency response missions.
For extra data, 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 business and the regulatory atmosphere for drones. Miriam has penned over 3,000 articles centered on the industrial drone house and is a world speaker and acknowledged determine within the business. Miriam has a level from the College of Chicago and over 20 years of expertise in excessive tech gross sales and advertising for brand spanking new applied sciences.
For drone business consulting or writing, Electronic mail Miriam.
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