~ Exclusive Deal to Arm Rayonix's India-Built UAVs with XOS ~
TAMPA BAY, Florida and NEW DELHI, India, March 16, 2026 (GLOBE NEWSWIRE) -- JFB Construction Holdings (NASDAQ:JFB) and XTEND, a leader in software systems and AI-powered robotics, today announced XTEND has signed an $11 million manufacturing and distribution agreement with India-based defense technology company Rayonix Tech Private Limited to expand XTEND's XOS autonomy platform into the Indian market.
Under the agreement, Rayonix has been appointed XTEND's exclusive manufacturing and distribution partner for selected XTEND platforms in India. The $11 million in payments and exclusive rights are subject to the satisfaction commercial performance milestones and regulatory compliance. Under the agreement, Rayonix will establish localized manufacturing, testing, and distribution capabilities for UAV systems powered by XTEND's proprietary XOS operating system and supported by a technology transfer and operational enablement program. This agreement is part of XTEND's broader strategy for expanding its software-defined autonomy ecosystem through regional manufacturing partnerships that enable sovereign deployment under a broader unified software architecture.
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