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XTEND, an intuitive human/AI-operated drone system empowering operators to undertake complex missions more safely, has today announced it has raised $20m in equity financing as part of its Series A fundraising round.
"This funding round enables XTEND to scale out our truly unique and innovative operating system, which allows anyone to perform extremely precise interactive missions in dynamic complex environments with zero learning time – making the idea of Human-Centric Telepresence a reality. This is another great step towards removing the ‘human-risk-factor’ from dangerous warfare and tactical combat & Homeland Security scenarios"
Aviv Shapira, XTEND’s co-founder and CEO
XTEND’s advanced Drone Operating System allows any operator to expertly control a drone at extreme indoor and outdoor scenarios, including intercepting a rogue drone at 150Km/h in an airport, enabling firefighters to find survivors inside a collapsed building and replacing bomb squads’ dealings with Improvised Explosive Devices
"XTEND developed the trifecta for drones: the most advanced Drone Operating System, the most intuitive On-Screen Display, and drones that can fly both indoors and outdoors. Having observed XTEND’s remarkable achievements thus far, we truly believe in its potential of becoming the world leader in tactical telepresence"
Eyal Agmoni, Founder and Chairman of Chartered Group
The U.S. Department of Defense Special Forces and Israel’s Ministry of Defense tier-1 units have chosen XTEND for multiple multi-million-dollar programs to develop and deliver systems for operational evaluation.
XTEND is developing the XOS for multiple markets, where defense was the early adapter.
In 2022, the technology will allow professionals in the security, construction and inspection markets to augment themselves to remote locations and operate as if they are there. We have world class partners that are joining our ride to help us go to market immediately.
This is a GREAT opportunity to say THANK YOU to our amazing team behind XTEND's Innovative Technology.
XTEND inc. is a venture-backed company with a unique mix of people and capabilities – combining operational experience and technical ingenuity to create cutting edge solutions that can be used by every soldier or officer. The company is headquartered in Fort Walton, FL with a Washington DC sales office and R&D center in Israel. XTEND’s systems are deployed to help warfighters win the mission and get home safely.
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