Drone Startup XTEND Secures $30M in Additional Funding to Boost AI-Powered Robotics Production

XTEND Secures Additional Funding

XTEND Reality Inc., a startup specializing in drone technology for the defense sector, has successfully raised an additional $30 million in funding. This extension to their Series B round was led by Aliya Capital Partners and Protego Ventures, bringing the company's total outside funding to an impressive $95 million 1

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Innovative Drone Technology

Source: SiliconANGLE

Founded in 2018, XTEND has developed a software platform called XOS, designed to operate drones for military applications. The platform works in conjunction with virtual reality headsets, allowing operators to control multiple drones simultaneously and view real-time footage from their cameras 1

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XOS incorporates artificial intelligence to enhance drone footage by highlighting objects of interest and collecting coordinates. The platform is compatible with both third-party drones and XTEND's proprietary systems, including their advanced Honey Badger drone, capable of covering over four miles per flight at speeds up to 44 miles per hour 1

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Expansion and Manufacturing

The newly secured funding will be utilized to expand XTEND's drone manufacturing capacity. On July 1, 2025, the company inaugurated a new U.S. headquarters and drone manufacturing facility in Tampa, Florida. This facility will produce unmanned aerial systems for the U.S. Defense Department and is slated for future upgrades to manufacture upstream drone components 1

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Market Traction and Future Plans

Source: PYMNTS

XTEND has already secured over $50 million worth of contracts and boasts a customer base of more than 50 organizations across the U.S., Israel, Singapore, and Europe. Thousands of XTEND systems have been deployed to date 1

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The company aims to expand the use of its AI-powered robots beyond defense, venturing into security, humanitarian efforts, and emergency response. XTEND's Co-founder and CXO, Matteo Shapira, emphasized their focus on human-machine teaming, or "Practical Human Supervised Autonomy," which allows human supervisors to manage multiple robots simultaneously 2

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Industry Developments

The drone and robotics industry continues to attract significant investment. In a related development, robotics startup Genesis AI recently emerged from stealth mode with $105 million in seed funding, aiming to create a general-purpose AI model for automating repetitive tasks across various robot applications 2

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