XTEND AI Robotics projects $26.5 million revenue

• XTEND AI Robotics expects preliminary revenue of $24.5 million to $26.5 million for the first nine months of 2026, exceeding its reported full-year 2025 revenue.
• The AI Robotics segment is projected to contribute $23 million to $24 million in revenue, with approximately $84 million in backlog as of September 30, 2026.
• XTEND appointed former Navy SEAL Captain Matt McGraw as CEO of XTEND U.S., following a $40.5 million order for 6,000 STRIKER systems under the U.S. Drone Dominance Program.

XTEND AI Robotics (NYSE:XTND) announced preliminary, unaudited financial results projecting total revenue of $24.5 million to $26.5 million for the nine months ended September 30, 2026, exceeding its full-year 2025 revenue.

The company's AI Robotics segment is expected to generate revenue of $23 million to $24 million, while its Construction segment is projected to contribute $1.5 million to $2.5 million following the September 3 acquisition of JFB Construction Holdings.

XTEND's AI Robotics segment reported an estimated backlog of approximately $84 million at September 30, reflecting contracted business that could support future revenue as customer orders are fulfilled.

The company appointed former Navy SEAL Captain Matt McGraw as Chief Executive Officer of XTEND U.S., placing him in charge of expanding domestic operations and strengthening the company's position in the American defense technology market.

XTEND also recently secured a $40.5 million order for 6,000 STRIKER systems following its selection as a top performer in the Close Quarters Battle segment of the U.S. Drone Dominance Program's Gauntlet II evaluation.

Co-founder and Chief Executive Officer Aviv Shapira issued a shareholder letter outlining the company's operating strategy, including continued investment in its physical artificial intelligence ecosystem and expansion of autonomous robotics capabilities.

XTEND operates through its proprietary XOS robotic operating system, supporting autonomous platforms across defense, homeland security and commercial applications, while its preliminary financial estimates remain subject to final accounting adjustments and formal reporting.