Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download
Trading banner 1
Trading banner 2
Trading banner 3
Trading banner 4
Trading banner 5
Trading banner 6
Trading banner 7
Trading banner 8
Trading banner 9

XTEND secures $2.2M contract for autonomous aerial defense systems amid rising drone threats

Market News
01 May 2026
GlobeNewsWire
Bullish
pluang ai news

XTEND, part of JFB Construction Holdings, won a $2.2 million contract from a Middle Eastern defense client to develop advanced autonomous aerial defense systems. This contract addresses the growing challenge of low-cost, sophisticated airborne threats, requiring fast, scalable defense solutions. XTEND's AI-powered systems use its proprietary XOS platform for real-time autonomous operations, enhancing counter-drone capabilities. The deal marks XTEND's expansion into aerial defense, with further growth expected after its upcoming public listing as XTEND AI Robotics.

banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App