HomeDroneXTEND Sequence B funding - DRONELIFE

XTEND Sequence B funding – DRONELIFE


New funding helps U.S. growth and superior AI robotic techniques

XTEND, an organization identified for its AI-powered tactical autonomous robotic techniques, 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 techniques are actively utilized by the U.S. Division of Protection, Singapore, Europe, the UK, and Israel Protection Drive. The expertise is designed to assist protection and public security businesses enhance mission success whereas preserving 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, broaden real-time AI capabilities, and help additional deployments with U.S. and allied forces. It’ll 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 part of operational scale, U.S. engagement, and world relevance,” stated Lee Moser, Co-Founder and Common Associate of Protego Ventures.

XTEND Series B fundingXTEND Series B funding
XTEND drone hive

Lital Leshem, Co-Founder and Managing Associate 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 impression.”

Robust Assist from Traders

Ross Kestin, Founding Associate 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 techniques 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 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 carry our groundbreaking applied sciences nearer to the U.S. protection ecosystem. With this facility, we’re laying the muse for sustained development, 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 worldwide 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 techniques from allied protection and public security businesses. The funding will gas accelerated R&D, scale manufacturing, and world deployment growth.”

XTEND plans to proceed advancing its XOS working system and autonomous platforms to boost human-machine teaming in advanced missions. Hundreds of its techniques 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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