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XTEND Advances Following Successful Qualification in the $1 Billion U.S. Drone Dominance Program

Infrastructure & DefenseTechnology & InnovationCompany Fundamentals

XTEND was selected as one of 19 companies for Gauntlet II after successful qualification. The program’s DoW plans to procure 60,000 drone systems from top-performing participants, indicating potential future defense contract upside for selected firms.

Analysis

XTEND was selected as one of 19 companies for Gauntlet II after successful qualification. The program’s DoW plans to procure 60,000 drone systems from top-performing participants, indicating potential future defense contract upside for selected firms.

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