XTEND Secures $30M Extension, Completing $70M Series B: Revolutionizing AI Defense Drones and Robotics
XTEND, a trailblazer in artificial intelligence-driven tactical drones and robotic systems, has achieved a major financial milestone by securing a $30 million extension. This boosts its total Series B funding to $70 million. The investment places XTEND at the vanguard of autonomous systems crucial for defense, security, and emergency responses, influencing global safety and defense innovations.
XTEND: Pioneers in Human-Guided and Autonomous Drones
Founded in 2018 by brothers Aviv Shapira (CEO), Matteo Shapira (CXO), alongside Rubi Liani (CTO) and Adir Tubi (COO), XTEND has swiftly become a leading entity in tactical robotics and drones. The company employs over 120 professionals with teams based in Israel, the United States, and Singapore.
XTEND excels in creating state-of-the-art, human-guided drone operating systems that bridge manned and unmanned operations, enabling even those without flight experience to carry out high-stakes missions with exceptional precision and safety.
Technology That Changes the Game
XTEND offers an array of advanced robotics tailored to the diverse requirements of military and public safety agencies:
- XTENDER: A micro tactical indoor drone designed for close-quarters intelligence, surveillance, and reconnaissance, manageable by non-experts.
- SCORPIO 1000 & SCORPIO 500: Field-tested drones capable of handling substantial payloads, used for reconnaissance, distraction, and precision strikes, both lethal and non-lethal. These drones often operate in
