Xtend (company): Difference between revisions
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Revision as of 13:53, 14 May 2024
| Company type | Private |
|---|---|
| Industry | |
| Headquarters | Israel |
Xtend is an Israel-based international military technology company and defense contractor that focuses on designing and manufacturing drones that operate mostly autonomously but with high-level human supervision. Its drones are made to require less training to operate than other brands of military drone, through the use of AI for autonomy and VR headsets for supervision and control.
Xtend raised $40M in Series B financing in 2024 after being successfully used by the IDF in the 2024 Israel–Hamas war[1]. The Israeli newspaper Globes reported in 2024 that the Israeli Ministry of Defense is working with Xtend to build a factory in the south of Israel "which will have a weekly production capacity of hundreds of drones"[2].
Xtend also struck multiple contracts with the US Department of Defense including a $9M deal with its irregular warfare office.[3]
References
- ^ "Xtend raises $40m after drone success in Gaza". Globes. 5 August 2024.
- ^ "IDF procurement of Chinese drones raises concerns". Globes. 25 April 2024.
- ^ Frantzman, Seth (17 October 2022). "Xtend signs $9M drone deal with Pentagon's irregular warfare office". Defense News.