XTEND AI Robotics Rings NYSE Bell Marking Public Debut
News related to:XTEND AI Robotics Inc · 3 min read
XTEND AI Robotics, a leader in software systems and Physical AI, made history by ringing the opening bell of the New York Stock Exchange (NYSE), marking its debut as a publicly traded company. The listing comes at a critical time as the company seeks to expand its operations and meet growing demand for its advanced technology in high-risk operational environments.
XTEND's proprietary XOS operating system is at the heart of its offerings, powering more than 12,500 deployed systems across 30+ countries and five active combat zones. The company operates from sovereign manufacturing sites in the United States, United Kingdom, Israel, Singapore, and Latvia, ensuring a robust global presence.
Aviv Shapira, CEO of XTEND AI Robotics, highlighted the importance of the company's mission. "Physical AI belongs where the risk is highest and the margin for error is smallest," he said. "Becoming a public company allows us to expand the development and integration of artificial intelligence alongside high-quality hardware, turning operator capabilities into something precise and reliable, while protecting human life."
The public listing will enable XTEND to accelerate product development and scale its global manufacturing footprint. "Our customers aren’t just deploying drones; they are deploying a Physical AI network built on our software," Shapira added. "Our hardware-agnostic XOS operating system is designed to support multiple robotic platforms and machines across mission-critical environments within defense, law enforcement, and public safety domains."
Tal Horesh, Chief Financial Officer, emphasized the significance of the listing for XTEND's future growth. "Today's bell-ringing is the symbolic moment, but the real significance is operational," he said. "We're entering this stage with a stable capital structure that allows us to continue investing in manufacturing capacity, product development, and system availability for our customers around the world."
XTEND has been backed by a series of strategic investors and partners, including Chartered Group, Protego Ventures, TAU Ventures, Surround Ventures, Secret Chord Ventures, American Ventures, Eric Trump, and the publicly traded American drone company Unusual Machines. These investors have been early believers in XTEND's vision and are now excited to see the company take this next step in the public markets.
Eyal Agmoni, Founder & Chairman of Chartered Group, expressed his confidence in the company's future. "XTEND is exactly the kind of company we set out to back," he said. "We are proud to have been early investors in XTEND and are incredibly excited to see the company take this next step in the public markets. We believe XTEND’s biggest chapter is still ahead."
The company's XOS operating system and robotic systems are designed to provide autonomy at the edge, extending the reach and effectiveness of operators while reducing human exposure in high-risk environments. With over 12,500 systems deployed in over 30 countries, XTEND's solutions have been validated in five combat zones and are operationally deployed by national defense, special-mission units, and security organizations across the globe.
Throughout its years of operation, XTEND has consistently innovated and expanded its capabilities. The company's focus on delivering NDAA-compliant solutions through a global network of regional XFAB manufacturing facilities ensures that its products are tailored to meet the specific needs of its customers.
As a public company, XTEND is poised to capitalize on its unique position in the Physical AI market. With a stable capital structure and a committed investor base, the company is well-equipped to continue its growth and innovation, setting the stage for a promising future in the industry.