Eric Trump Is Backing An AI Defense Robotics Firm Headed For Nasdaq — And Wall Street Should Pay Attention
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XTEND, a defense robotics firm, is set to go public on the Nasdaq through a $1.5 billion merger with JFB Construction Holdings. Backed by investors including Eric Trump, the new entity will trade under the ticker XTND, focusing on autonomous defense systems. XTEND's XOS operating system enables drones and robots to perform complex missions, enhancing safety for operators. The merger provides access to U.S. production infrastructure and $152 million in committed capital, signaling growing investor confidence in the autonomous defense market.
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