DIA506.12+3.01 0.60%
SPY745.64+2.92 0.39%
QQQ717.54+3.03 0.42%

JFB Construction Holdings Says XTEND Secures Order Valued At ~$8.25M From Defense Customer In Europe For Supply Of Advanced Autonomous Drone Systems

Benzinga·05/07/2026 12:35:52
Listen to the news

Follows a series of recent program wins, reinforcing increasing demand for deployable autonomous systems in operational environments

TAMPA, Fla., May 07, 2026 (GLOBE NEWSWIRE) -- JFB Construction Holdings (NASDAQ:JFB) announces that XTEND, a leader in software systems and artificial intelligence-powered robotics, has secured an order valued at approximately $8.25 million from a defense customer in Europe for the supply of advanced autonomous drone systems.

The program includes a mix of indoor operational platforms and tactical strike systems designed for deployment in complex and constrained environments where access is limited and operational speed is critical. Delivery is expected during 2026.

The award builds on XTEND's recent contract wins, representing a significant increase in program scale and reinforcing accelerating adoption of its systems across defense organizations. The increasing scale of these programs reflects a structural shift toward large-scale deployment of autonomous systems across defense operations.

Contact Us

Contact Number :+852 3852 8500
Monday 7:00 AM - Saturday 9:00 AM (HKT)
Service Email :service@webull.hk
Online Support: Monday - Friday: 9:00 - 16:00; 22:30 - 5:00 (HKT)
Business Cooperation :marketinghk@webull.hk
Risk Disclosure: The content of this page is not an investment advice and does not constitute any offer or solicitation to offer or recommendation of any investment product. It is for general purposes only and does not take into account your individual needs, investment objectives and specific financial circumstances. All investments involve risk and the past performance of securities, or financial products does not guarantee future results or returns. Keep in mind that while diversification may help spread risk it does not assure a profit, or protect against loss, in a down market. There is always the potential of losing money when you invest in securities, or other financial products. Investors should consider their investment objectives and risks carefully before investing. For more details, please refer to risk disclosure.
Webull Securities Limited is licensed with the Securities and Futures Commission of Hong Kong (CE No. BNG700) for carrying out Type 1 License for Dealing in Securities, Type 2 License for Dealing in Futures Contracts and Type 4 License for Advising on Securities.
Language

English

©2026 Webull Securities Limited. All rights reserved.