JFB says XTEND wins up to $15 million multi-year contract with European NATO defense ministry
JFB•Merger timeline remains unchanged
Transaction timeline unchanged: XTEND is expected to begin trading on the NYSE following the Sept. 8, 2026 merger close.
XTEND wins European NATO defense ministry contract
XTEND secured a multi-year Ministry of Defense contract with a European NATO member, valued up to about $15 million.
The first-year value totals about $4.5 million, reflecting demand for non-Chinese drone alternatives across allied militaries.
