XTEND AI Robotics, a subsidiary of JFB Construction Holdings, has secured a $3 million follow-on order from an existing defense customer to support one of its largest autonomous system deployments to date. The order is for advanced operational capabilities, highlighting the expanding scope of the Company’s defense relationships. This procurement follows a separate $9 million defense order announced on June 23, 2026, bringing the total announced defense procurement to more than $12 million across two distinct customer programs within 24 hours.

The rapid succession of orders underscores the growing breadth and depth of XTEND’s engagements within the defense sector. The latest $3 million order is specifically designed to enhance the functionality of a significant existing deployment, rather than initiating a new contract. This indicates a strong reliance on the Company’s AI-powered autonomous robotics and operating systems by its current clients.

Recent Defense Procurement Activity

The following table details the recent orders announced by XTEND AI Robotics:

JFB Construction Holdings (Nasdaq: JFB) positions XTEND AI Robotics as a leader in the field of AI-powered autonomous robotics. The cumulative value of these recent contracts demonstrates the operational momentum the Company is currently experiencing in the defense market.

JFB Construction Holdings and XTEND have advanced their proposed business combination by filing an amended registration statement on Form S-4 with the U.S. Securities and Exchange Commission (SEC). The companies anticipate the transaction will close in the third quarter of 2026, subject to the satisfaction of customary closing conditions and SEC approval. This filing marks a significant step in the regulatory review process, moving the firms closer to finalizing the merger.

The amended Form S-4, while not yet declared effective, is a critical component of the SEC's review procedure. Once the statement is declared effective, the final information statement and prospectus will be distributed to JFB stockholders ahead of the closing. The combined company is slated to be renamed XTEND AI Robotics and is expected to list on the New York Stock Exchange under the ticker symbol 'XTND'.

JFB Construction Holdings, a real estate development and construction company listed on NASDAQ under the symbol 'JFB', is partnering with XTEND, a provider of software systems and artificial intelligence-powered robotics. The business combination aims to leverage the strengths of both entities in their respective sectors.

Key Transaction Details

The completion of the merger remains contingent upon the SEC declaring the registration statement effective and the fulfillment of other standard closing conditions. Both companies continue to progress toward the anticipated closing timeline.