TAMPA, Fla. - XTEND, an AI-powered tactical autonomous robotic systems company, has announced a strategic $30M extension to its $70M Series B funding round.
XTEND's AI-powered systems are actively used by the U.S. Department of Defense, Singapore, Europe, the UK, and the Israel Defense Force to improve strategic capabilities and mission success in challenging environments. With this Series B funding, XTEND plans to scale up U.S. and global production, integrate real-time AI capabilities across its platforms, and expand deployments with U.S. and allied defense forces, as well as for humanitarian and emergency response efforts.
The announcement follows the grand opening of XTEND's new U.S. headquarters and advanced drone manufacturing facility in Tampa, Florida, on July 1.
XTEND CEO Aviv Shapira said, "The successful completion of our Series B financing highlights the surging demand for mission-critical autonomous systems from allied defense and public safety agencies. The investment will fuel accelerated R&D, scale manufacturing, and global deployment expansion... Furthermore, opening our Tampa headquarters is a major step forward as we continue to build cutting-edge systems that protect lives worldwide."
