JFB (NASDAQ: JFB) Announces XTEND and Rayonix Execute Exclusive Manufacturing and Distribution Agreement with Initial $11 Million Commitment to Expand XOS Platform into India.
JFB Construction Holdings - Class A (JFB)
Company Research
Source: GlobeNewswire
~ Exclusive Deal to Arm Rayonix's India-Built UAVs with XOS ~ TAMPA BAY, Florida and NEW DELHI, India, March 16, 2026 (GLOBE NEWSWIRE) -- JFB Construction Holdings (Nasdaq: JFB) and XTEND, a leader in software systems and AI-powered robotics, today announced XTEND has signed an $11 million manufacturing and distribution agreement with India-based defense technology company Rayonix Tech Private Limited to expand XTEND’s XOS autonomy platform into the Indian market. Under the agreement, Rayonix has been appointed XTEND’s exclusive manufacturing and distribution partner for selected XTEND platforms in India. The $11 million in payments and exclusive rights are subject to the satisfaction commercial performance milestones and regulatory compliance. Under the agreement, Rayonix will establish localized manufacturing, testing, and distribution capabilities for UAV systems powered by XTEND’s proprietary XOS operating system and supported by a technology transfer and operational enablemen
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- JFB Construction Holdings: Buying Xtend's Drone Business At A Discount [Seeking Alpha]Seeking Alpha
- JFB Construction Holdings Announces Update regarding 2-for-1 Stock SplitGlobeNewswire
- JFB (NASDAQ: JFB) Announces XTEND and Rayonix Execute Exclusive Manufacturing and Distribution Agreement with Initial $11 Million Commitment to Expand XOS Platform into India. [Yahoo! Finance]Yahoo! Finance
- JFB Construction Holdings Announces Update regarding 2-for-1 Stock SplitGlobeNewswire
- JFB Construction Holdings Announces 2-for-1 Stock Split [Yahoo! Finance]Yahoo! Finance
JFB
Sec Filings
- 3/18/26 - Form 4
- 3/18/26 - Form 3
- 3/18/26 - Form 4
- JFB's page on the SEC website