The order for 100 Scorpio drone systems follows a February business combination agreement with JFB Construction.
XTEND has received a $3M order for over 100 Scorpio drone systems from JFB Construction in the Asia-Pacific region. The contract marks a significant expansion in the company’s defense and commercial drone operations.
The deal follows a definitive all-stock business combination agreement between XTEND and JFB Construction announced on February 17, 2026. The agreement aimed to strengthen XTEND’s market position in unmanned aerial systems.
No immediate market reaction was disclosed in the announcement.