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XTEND to Go Public on NASDAQ in $152M Merger

2/26/2026

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Story summary
  • TAU Ventures, Tel Aviv University’s venture fund, says XTEND will go public on NASDAQ.
  • XTEND, founded in 2018, specializes in autonomous drone systems and AI platforms.
  • XTEND will merge with JFB Construction Holdings in a $152 million deal, expected to close mid-2026.
  • TAU Ventures invested $2 million in XTEND and expects about $25 million from the listing.
  • TAU Ventures also announced a new investment in Zenyard, expanding into the US.