JFB and XTEND Announce $1.5B Business Combination to Establish a Nasdaq-Listed US Leader in AI-Driven Autonomous Defense RoboticsPALM BEACH, Fla., Feb. 17, 2026 (GLOBE NEWSWIRE) -- JFB Construction Holdings (Nasdaq: JFB), a real estate development and construction company, announced today that it has entered into a definitive agreement to combine with XTEND, a software-first defense technology company anchored by its AI XTEND Operating System (XOS) in an all-stock transaction. The business combination is further supported by strategic investments from Eric Trump, Unusual Machines (
NYSE: UMAC), American Ventures, LLC, Protego Ventures, and Aliya Capital. Following the closing of the business combination, the joint company is expected to be renamed XTEND AI Robotics and be listed on Nasdaq under the ticker “XTND.”
Under Construction: Four Stocks Capitalizing on the U.S. Building BoomThe U.S. construction industry is showing robust growth in 2025, with total construction spending reaching an annualized $2.19 trillion as of March—up nearly 3% year-over-year. Residential demand remains strong amid affordability pressures, while commercial, industrial, and infrastructure projects continue steady expansion. This broad-based momentum is creating fertile ground for companies operating across the construction and real estate sectors to capitalize on rising opportunities and innovation.
Under Construction: Four Stocks Capitalizing on the U.S. Building BoomUnder Construction: Four Stocks Capitalizing on the U.S. Building Boom
