JFB Construction Holdings Reports XTEND Selection for Phase II Qualifier of U.S. Department of Defense Drone Dominance Program

PALM BEACH, FL, United States – 4th June 2026 – JFB Construction Holdings reported that XTEND, the company with which it has entered a definitive agreement to combine, has been selected to participate in the Phase II Qualifier of the U.S. Department of Defense’s Drone Dominance Program.

The Department of Defense program is a large-scale initiative intended to accelerate deployment of next-generation autonomous drone technologies across U.S. military operations. Public program statements indicate an intent to support procurement volume that may extend into the hundreds of thousands of unmanned systems through 2027. XTEND’s selection for the Phase II Qualifier places the company among a limited group of participants invited to demonstrate autonomous capabilities under program evaluation criteria.

The Phase II Qualifier is expected to take place this summer at Camp Grayling, Michigan, and will evaluate autonomous systems in complex operational scenarios and contested mission environments. XTEND will participate in the qualifier with demonstrations centered on the company’s XOS (XTEND Operating System), which powers human-guided autonomous platforms designed for defense, national security, and public safety missions. XOS is described by XTEND as an open-architecture platform engineered to enable scalable human-guided autonomous operations in contested and complex environments.

XTEND’s operational credentials, as stated by the company, include deployment of more than 10,000 systems across more than 30 countries and validation in five active combat zones. The company’s solutions have been operationally deployed by national defense organizations, special-mission units, and security agencies internationally. XTEND’s production network includes XFAB manufacturing facilities located in the United States, the United Kingdom, Singapore, Israel, and Latvia, and the company reports delivering solutions that comply with the National Defense Authorization Act (NDAA) requirements applicable to certain U.S. government procurements.

JFB Construction Holdings and XTEND entered a definitive all-stock transaction agreement on February 17, 2026. The combination is supported by strategic investments from Eric Trump, Unusual Machines, American Ventures, LLC, Protego Ventures, and Aliya Capital, as disclosed in the transaction announcement. Following closing, the combined company is expected to adopt the name XTEND AI Robotics and trade on a U.S. national securities exchange under the ticker symbol XTND. The parties have stated an expectation that the transaction may close in mid-2026, subject to customary closing conditions and regulatory approvals.

The selection of XTEND for the Department of Defense qualifier occurs in the period preceding the anticipated public-market combination and follows public disclosures regarding the transaction between JFB Construction Holdings and XTEND AI Robotics Ltd. Company officials have characterized the Phase II participation as an operational milestone for the autonomous systems intended to be combined with the JFB-listed business.

Joseph F. Basile, III, Chief Executive Officer of JFB Construction Holdings, said, “XTEND’s advancement into the next phase of the Drone Dominance Program represents meaningful validation of the company’s autonomous systems, operational capabilities, and growing role within the U.S. defense ecosystem. We believe this initiative reflects the Department of Defense’s increasing focus on scalable autonomous technologies, and XTEND is well positioned to support that evolving operational need.”

About JFB Construction Holdings

JFB Construction Holdings is a publicly listed company on the Nasdaq stock market (NASDAQ: JFB) headquartered in Palm Beach, Florida. The company announced a definitive agreement to combine with XTEND AI Robotics Ltd. on February 17, 2026, representing a strategic transaction to bring XTEND’s autonomous robotics business to public markets. The combined company is expected to operate under the name XTEND AI Robotics upon closing.

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