JFB Construction Holdings

JFB

Market cap $93.1M

~ New Tariffs of Up to 100% on Imported Drones Underscore the Case for the Domestic, NDAA-Compliant Manufacturing Base XTEND Has Been Building ~

~ Effectiveness of Form S-4 Clears Final Regulatory Milestone Ahead of Closing ~ ~ Combined Company to be Renamed XTEND AI Robotics, with Closing Anticipated September 1, 2026, and Expected to Trade on the New York Stock Exchange under Ticker “XTND” ~ TAMPA, Fla. and PALM BEACH, Fla.

~ Combined Company to be Renamed XTEND AI Robotics, with Closing Anticipated in Early September, and Expected to Trade on the New York Stock Exchange under Ticker “XTND” ~ TAMPA, Fla. and PALM BEACH, Fla.

Milestone demonstrates the scalability of XTEND's localized XFAB manufacturing strategy and the power of its XOS software platform across a growing global robotics ecosystem. Reflects the continued evolution from a robotics innovator to global physical AI platform company

~ More Than $27 Million in Publicly Announced Defense Orders Since the February 2026 Merger Announcement ~ ~ JFB and XTEND announce $500+ Million Active Pipeline ~ ~ XTEND Advanced to Gauntlet II of the $1 Billion U.S. Drone Dominance Program, Secured New U.S. Patents, and Supported the British Army in a Major Autonomous Strike Exercise ~ ~ XTEND Expects to Deliver Drone Systems Next Week for the Gauntlet II Phase of the $1 Billion U.S. Drone Dominance Program, Under Which the Department of War Plans to Procure 60,000 Drone Systems From Top-Performing Participants ~ TAMPA, Fla. and PALM BEACH, Fla.

Following its strategic acquisition earlier this year, Atlas is now fully integrated into XTEND, expanding the company's XOS-powered robotics ecosystem with four new ISR platforms, more than 4,200 deployed systems, and establishing Latvia as its European manufacturing and engineering hub.

Lantana, Fla., July 22, 2026 (GLOBE NEWSWIRE) -- JFB Construction Holdings (Nasdaq: JFB), a real estate development and construction company focused on hospitality, commercial, industrial, and residential property development, announces that it anticipates second quarter 2026 revenue to increase 150% as compared to the second quarter of 2025, based on preliminary and unaudited estimates that remain subject to completion of the Company's quarter-end closing procedures.

~ Second Amended Filing Marks Continued Progress Towards Closing of Merger ~ ~ Combined Company to be Renamed XTEND AI Robotics, with Closing Anticipated Q3, and Expected to Trade on the New York Stock Exchange under Ticker “XTND” ~ TAMPA, Fla. and PALM BEACH, Fla.

Successful Completion of Ex RHINO BIZZ Builds on Historic UK Live-Fire Milestone with 2 PARA, Validates the British Army's First Long-Range Autonomous Strike Missions with Live Kinetic Payloads

XTEND, advances among 19 companies selected for Gauntlet II, following successful qualification. According to the DoW, the program plans to procure 60,000 drone systems from top-performing participants.