Economy · Full coverage
Israeli Drone Firm XTEND to Debut on NYSE After $1.5 Billion Merger
How 2 Israeli newsrooms (in English, Hebrew) covered this story — translated into English and compared side by side.
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By ANNA AHRONHEIM
First reported by Globes · 1 day ago
What happened
Israeli drone company XTEND will begin trading on the Nasdaq this Friday, September 2, 2026, at a $1.5 billion valuation after merging with JFB Construction Holdings. The company specializes in autonomous systems for defense and aims to expand its US manufacturing capacity.
- 01XTEND will trade on Nasdaq starting September 2, 2026, valued at $1.5 billion.
- 02The company specializes in human-guided autonomous machine systems for defense.
- 03XTEND pivoted from gaming to defense after October 7.
- 04It has deployed over 12,500 systems in more than 30 countries.
- 05The company has headquarters in Florida and facilities in Israel and other countries.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
Full coverage · 2 outlets
The same event, reported separately by each newsroom. Open a few to compare what each emphasizes — and what they leave out.
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