Aviv Shapira, Co-Founder, Chief Executive Officer, and Chairman of the Board

Mr. Shapira co-founded XTEND Reality Expansion Ltd. in 2018. He previously co-founded Replay Technologies, which was acquired by Intel for $170 million.

Tal Horesh, CFO & Head of Corporate Development

Mr. Horesh has been instrumental in strengthening Xtend AI Robotics' balance sheet and facilitating its transition to a publicly traded company on the NYSE following the business combination.

Matteo Shapira, Co-Founder & Chief Exploration Officer

Mr. Shapira is a co-founder of XTEND.

Reuven Liani, Co-Founder

Mr. Liani is a co-founder of XTEND, which was established in 2018.

Adir Tubi, Co-Founder

Mr. Tubi co-founded XTEND in 2018.

1. Cash Burn and Future Financing Needs: Xtend AI Robotics has demonstrated a significant cash burn, with a cash runway of approximately 16 months as of December 2025. This level of spending implies a high likelihood of the company requiring additional financing in the near future, which could lead to further dilution for existing shareholders, following substantial dilution in the past year.

2. Execution Risks in a Highly Competitive and Regulated Market: Operating in the specialized sectors of defense, homeland security, and commercial security, Xtend AI Robotics faces complex challenges related to international expansion, securing and managing government contracts, and navigating intense competition from well-funded industry players. The rapidly evolving regulatory landscape for AI-powered robotics and autonomous systems, particularly in sensitive applications such as defense, also presents an ongoing risk to the business.

3. Share Price Volatility and Governance Concerns: The company's stock has experienced notable volatility in its share price. Furthermore, the company has been identified as having a lack of independent directors, which is considered a governance risk.

Xtend AI Robotics (symbol: XTND) operates in the rapidly expanding markets of Artificial Intelligence (AI) and robotics, offering solutions primarily for defense, homeland security, and commercial security applications. The company develops AI-powered robotics and autonomous systems, including aerial drones, ground robots, and robotic subsystems, all powered by its core XOS (XTEND Operating System) platform.

Addressable Market Sizes:

Artificial Intelligence (AI) Market (Global)

The global Artificial Intelligence (AI) market, which encompasses hardware and software, is projected to reach between $780 billion and $990 billion by 2027, with an annual growth rate ranging from 40% to 55%. More specifically, the global AI Platform market was valued at approximately USD 18.22 billion in 2025 and is expected to grow to over USD 94.31 billion by 2030, demonstrating a Compound Annual Growth Rate (CAGR) of nearly 38.9%. The total addressable market for AI solutions is estimated at USD 900 billion in 2026 and is projected to reach USD 4,216.29 billion by 2035, growing at a CAGR of 18.73%.

Robotics Technology Market (Global)

The overall global robotics market is a significant addressable market for Xtend AI Robotics. The global robotics market size is estimated to be approximately US$50 billion in 2025 and is projected to expand to US$111 billion by 2030, at a CAGR of 14%. Another estimate places the robotics technology market at $108.03 billion in 2025, growing to $125.3 billion in 2026 at a CAGR of 16.0%, and forecasted to reach $223.06 billion by 2030 at a CAGR of 15.5%. The global robotics market, as a whole, is projected to grow from $64.8 billion in 2024 to $375.82 billion by 2035, representing a CAGR of 17.33%.

Within the robotics market, specific segments relevant to Xtend AI Robotics include:

• Ground Robotics: This segment holds a substantial share, accounting for 45.42% of the overall robotics revenue share in 2026.
• Aerial Robotics (Drones): The aerial robotics segment is anticipated to grow at a CAGR of 13.2% through 2035.
• AI-Powered Robots: This specific category is expected to experience robust growth, with a projected CAGR of 30.34% during the forecast period of 2026-2035.

Xtend AI Robotics (XTND) is poised for significant revenue growth over the next 2-3 years, driven by several key factors stemming from its advanced AI-powered robotics and autonomous systems. The company's strategic focus on defense, homeland security, and commercial security applications, coupled with its innovative XOS platform, positions it for expansion.

The anticipated drivers of future revenue growth for Xtend AI Robotics include:

1. Expansion into New Markets and Customer Segments: Xtend AI Robotics aims to broaden its global reach and customer base. The company serves a diverse clientele including military end-users, government agencies, defense prime contractors, law enforcement, and commercial security organizations. Its recent public listing is expected to accelerate growth and enable the company to bring its systems to more organizations and missions worldwide. Furthermore, the company's global manufacturing network, including expanded U.S. capacity, supports scaling its AI-powered robotic platforms for these varied defense, law enforcement, and security customers.
2. Growth of AI-Powered Products and Services: The company's core offering, the XOS (XTEND Operating System), and its accompanying AI Pilots software are central to its growth strategy. XOS functions as a hardware-agnostic, AI-native mission execution operating system that connects autonomous platforms, AI applications, payloads, and sensors. The AI Pilots software, which learns skills and automates missions, along with edge autonomy capabilities for challenging environments, will likely see increased adoption. The recent expansion of its XOS-powered robotics ecosystem into the ground domain with the AtlasROVER in September 2026 highlights a continuous product evolution designed to capture new revenue streams.
3. Strategic Partnerships and Ecosystem Development: Xtend AI Robotics is actively fostering an ecosystem around its XOS platform. This includes operating a Marketplace to connect autonomous platforms, AI applications, payloads, sensors, and technology partners, alongside a XTEND Certified program. A notable example is the collaboration with Lockheed Martin's Skunk Works to integrate XOS into their MDCX™ autonomy platform, enabling enhanced command and control of multiple unmanned aerial systems (UAS). Such strategic alliances and the scalability of its architecture across third-party applications are expected to drive significant revenue growth through broader integration and adoption.
4. Increased Government and Defense Contracts: The company's specialization in AI-powered robotics for defense and homeland security makes it a key beneficiary of rising global defense spending. Xtend AI Robotics has already secured significant contracts, including a defense contract valued at up to $25 million for tactical drone systems with a Middle Eastern government customer, with plans to fulfill orders for thousands of units. Additionally, the company has secured a multi-million-dollar fixed-price contract with the U.S. Department of War for the production of one-way attack drone kits, further solidifying its position in the defense sector. These types of firm fixed-price contracts are a primary revenue source.

Share Repurchases

• Xtend AI Robotics (XTND) had a 5-Year Share Buyback Ratio of 0.00% as of December 2025, indicating no share repurchases over that period.
• The company's Repurchase of Stock was $0.00 Million for the trailing twelve months ended December 2025.

Share Issuance

• Xtend AI Robotics, Inc. filed an automatic shelf registration statement on Form S-3, allowing it to offer and sell various securities, including common stock, from time to time.
• As part of a merger completed on September 3, 2026, an executive officer acquired 861,800 shares of Common Stock.
• The Chief Technology Officer and Chief Financial Officer also reported initial insider holdings, including 3,356,974 shares and options for over a million shares, respectively, acquired at the closing of the merger on September 3, 2026.

Inbound Investments

• Xtend AI Robotics completed a merger with JFB Construction Holdings on September 3, 2026, with the combined company retaining the name Xtend AI Robotics and trading under the symbol XTND.

Capital Expenditures

• The company's Capital Expenditure for the trailing twelve months (TTM) as of September 4, 2026, was -$373.00K.