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Israeli drone maker XTEND secures up to $15M NATO contract for defense drones, which could broaden its market possibilities and offers immediate revenue of $4.5M in the first year.
Aug 20, 2026•about 3 hours ago
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Description
Israeli autonomous-drone company XTEND has secured a multi-year contract worth up to approximately $15 million with a European NATO member's Ministry of Defense. This initial agreement includes about $4.5 million secured for the first year. The contract highlights a broader shift in Western militaries towards alternatives to Chinese drone platforms. XTEND aims to expand its market with its innovative operating system and secure production infrastructure.
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