New funding helps U.S. growth 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 Collection B funding spherical. The ultimate $30 million extension was co-led by Aliya Capital Companions and Protego Ventures, with help from buyers similar 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 retaining personnel safer in troublesome environments.
Scaling Manufacturing and U.S. Presence
The brand new funding will assist XTEND scale up U.S. and international manufacturing, develop 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 strains.
“The grand opening of XTEND’s Tampa facility represents greater than a bodily growth—it marks a brand new section of operational scale, U.S. engagement, and international 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 influence.”
Robust Assist from Buyers
Ross Kestin, Founding Companion and CEO of Aliya Capital Companions, has joined XTEND’s Board of Administrators. He said: “XTEND’s mission—to ship cutting-edge drone and robotics programs for high-risk, mission-critical environments—aligns immediately with our imaginative and prescient of supporting applied sciences that defend 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 speculate 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 inspiration 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.”
Wanting Forward
XTEND CEO Aviv Shapira stated: “The profitable completion of our Collection B financing highlights the surging demand for mission-critical autonomous programs from allied protection and public security businesses. The funding will gas accelerated R&D, scale manufacturing, and international deployment growth.”
XTEND plans to proceed advancing its XOS working system and autonomous platforms to reinforce human-machine teaming in advanced 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.
Learn extra:
Miriam McNabb is the Editor-in-Chief of DRONELIFE and CEO of JobForDrones, an expert drone companies market, and a fascinated observer of the rising drone business and the regulatory setting for drones. Miriam has penned over 3,000 articles targeted on the business drone house and is a global 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, E-mail Miriam.
TWITTER:@spaldingbarker
Subscribe to DroneLife right here.