Xtend, an Israeli drone startup, has successfully raised $40 million in a funding round led by Chartered Group, reaching a post-money valuation of approximately $110 million. The company, known for its controversial drone technology, provides systems that enable human commanders to guide autonomous AI-driven drone missions. Xtend's technology is utilized by the US Defense Department and the Israeli army, and has been notably used by the IDF in conflicts such as the Hamas war. This latest round of funding will help Xtend enhance its defense capabilities.
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AI chip startup DEEPX secures $80M Series C at a $529M valuation https://t.co/5P5M1UXgN4
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Israeli developer of VR drone system used by IDF in Hamas war raises $40m https://t.co/PPpvn02jsz
Xtend Secures $40M Funding Round to Strengthen Defense Capabilities #AI #artificialintelligence #company #control #Defense #drone #Funding #Investment #llm #machinelearning #Military #Technology #XTEND https://t.co/OGdiAV2u5t https://t.co/Tg6MiqQaIx
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Israeli drone startup Xtend, which lets operators orchestrate teams of drones and robots, raised $40M led by Chartered Group at a ~$110M post-money valuation (@kyle_l_wiggers / TechCrunch) https://t.co/2kcE07gSHg 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/xOhAtI1FcV
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Controversial drone company Xtend leans into defense with new $40M round https://t.co/HRemidbBh3
Xtend raises $40M to allow human commanders to guide autonomous AI drone missions https://t.co/pIWhWS1lg4
Controversial drone company Xtend leans into defense with new $40M round: https://t.co/ty4IXolG97 by TechCrunch #infosec #cybersecurity #technology #news
A Tel Aviv-based startup that supplies a drone operating system to the US Defense Department and the Israeli army raises $40 million https://t.co/6FdGYwzSrv