JFB says XTEND wins up to $15 million multi-year contract with European NATO defense ministry

Reuters2026/08/17 20:06

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

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

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. JFB Construction Holdings published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608171605PRIMZONEFULLFEED9811529) on August 17, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

JFB says XTEND wins up to $15 million multi-year contract with European NATO defense ministry

You may also like

Crypto prices