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XTEND AI Robotics, Inc. Receives $8.3 Million Defense Order for Systems in Asia-Pacific

Business

XTEND AI Robotics, Inc. Receives $8.3 Million Defense Order for Systems in Asia-Pacific
Business

Business

XTEND AI Robotics, Inc. Receives $8.3 Million Defense Order for Systems in Asia-Pacific

2026-11-06 22:16 Last Updated At:22:41

TAMPA, Fla.--(BUSINESS WIRE)--Nov 6, 2026--

XTEND AI Robotics, Inc. (NYSE: XTND) (“XTEND” or the “Company”), a leader in software systems and Physical AI, today announced that its Asia-Pacific subsidiary, Performance Rotors Pte Ltd, has received a purchase order valued at approximately $8.3 million from a defense customer in the region. The order covers multiple unmanned aerial systems, with associated ground control stations and accessories, and includes a first-year software update package for every system. The order reflects XTEND’s operating model as a multinational company with subsidiaries around the world, which works to expand its activity across international markets. This order was not included in the approximately $84 million AI Robotics segment backlog as of September 30, 2026, previously reported by the Company.

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As part of the order, the customer has purchased a software update package for the systems, covering updates delivered through XTEND’s XOS operating system. For the first year, XTEND commits to updating the systems through XOS. The package includes ongoing software updates that may incorporate new intelligent capabilities, advanced analytics and AI-driven enhancements designed to expand the systems’ operational capabilities. Through XOS, these enhancements are designed to enable integration with additional applications, improve system performance and introduce advanced autonomous capabilities, with the goal of making the systems smarter, more capable and more effective over time.

The systems are compact, collision-tolerant unmanned aerial platforms designed for rapid deployment in complex urban environments. They are supplied with integrated imaging and encrypted communications, and are manufactured at Performance Rotors’ production facilities, part of XTEND’s regional XFAB manufacturing network.

“The software update package in this order reflects the model we believe in: systems that keep getting better after delivery, not hardware alone. We believe this is where the defense market is heading, and we are glad to support it with the systems and the software behind them,” said Aviv Shapira, Co-Founder and Chief Executive Officer of XTEND AI Robotics.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the scope, content and timing of software updates and capabilities under the purchase order described above, the expected performance and capabilities of XTEND’s systems and XOS, the delivery of the ordered systems, and the Company’s strategy and the direction of the defense market. Words such as “may,” “intends,” “designed to,” “goal,” “believe,” “expect” and similar expressions identify forward-looking statements. These statements reflect the Company’s current expectations and are subject to risks and uncertainties that could cause actual results to differ materially, including the timing, size, conditions and performance of government and defense orders; the receipt and continuation of export licenses and other regulatory approvals; customer acceptance, cancellation or modification of orders; the Company’s ability to develop and deliver software updates and to manufacture and deliver systems on schedule; geopolitical and economic conditions in the regions where the Company operates; and the other risks described in the Company’s final prospectus dated August 11, 2026, filed pursuant to Rule 424(b)(3) as part of its registration statement on Form S-4 and in its other filings with the SEC, available at www.sec.gov. Readers should not place undue reliance on these statements, which speak only as of the date of this release. The Company undertakes no obligation to update them except as required by law.

About XTEND AI Robotics, Inc.

XTEND is a leader in software systems and Physical AI, deployed in high-threat, complex operational environments where human exposure carries significant risk. Powered by its proprietary XTEND Operating System (XOS), XTEND’s integrated software and advanced robotic hardware solutions are designed to provide autonomy at the edge. Operating across Defense, Homeland Security, and Commercial Security missions through a platform of robots, drones, and robotic subsystems, XTEND’s open architecture platform facilitates scalability across partners and third-party applications. With over 12,500 systems deployed in over 30 countries, XTEND’s solutions have been validated in five combat zones and operationally deployed by national defense, special-mission units, and security organizations across the globe. Founded in Tel Aviv, Israel, and headquartered in Tampa, Florida, XTEND delivers NDAA-compliant solutions through a global network of regional XFAB manufacturing facilities located in the U.S., the U.K., Singapore, Israel, Mexico and Latvia.

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ASUNCIÓN, Paraguay (AP) — Paraguayan President Santiago Peña failed to appear for his impeachment trial in the Senate on Friday despite vowing to defend himself in person, as lawmakers moved toward a verdict that could remove him from office over the dramatic collapse of a bank tied to his administration.

Senators voted 39-3 to reject Peña’s request for another 72 hours to prepare his defense. When neither he nor a lawyer showed up at the scheduled time to argue his case, senators moved on without him and began reviewing the evidence against him.

His lawyers, Ricardo Preda and Adolfo Ferreiro, arrived soon after and argued that senators had denied Peña enough time to prepare and should have accepted his resignation rather than pressing ahead with the trial.

The legal distinction matters. Paraguay’s Constitution grants democratically elected former presidents parliamentary immunity from prosecution through a lifetime senate seat, unless they have been convicted in an impeachment trial. Prosecutors on Thursday opened three criminal investigations into the bank’s collapse, including complaints against Peña, Vice President Pedro Alliana and current and former officials at the central bank and the state pension fund.

Ferreiro said the defense reserved the right to challenge the proceedings before Paraguay’s Supreme Court and international human rights bodies, arguing that Peña had been denied due process.

Peña had vowed Thursday night to appear, writing on X, “I will present myself and exercise my right to defense."

By Friday morning, he was asking for more time. He said he had received the summons only hours before the session, along with about 300 pages of accusations and evidence, leaving him no time to hire a lawyer or review the case. In other countries that have impeached presidents in recent years, including the United States and Brazil, accused leaders have had weeks to prepare a defense.

Peña’s government also began to unravel on Friday, deepening the political crisis. Interior Minister Enrique Riera resigned late Thursday, followed Friday by chief of staff Javier Giménez and presidential legal adviser Roberto Moreno.

In just three days, the bank Ueno’s implosion has plunged Paraguay into its deepest political crisis in more than a decade. Regulators seized the bank before dawn Tuesday. By Thursday afternoon, Peña had offered to resign as his own party turned on him.

“It was never my intention to betray the trust you placed in me,” he said in a video address as Paraguayans took to the streets of Asunción, the capital, and other cities, clashing with police and demanding that Peña be held accountable.

Former President Horacio Cartes, Peña’s mentor and the patriarch of the long-ruling conservative Colorado Party, publicly backed his ouster. The lower house then voted 78-0 to impeach Peña and send the case to the Senate. It was a stunning reversal for the former International Monetary Fund economist, whose presidency had rested on the backing of his party’s most powerful figures.

Peña’s allies tried Thursday to get Congress to accept his resignation rather than impeach him. When they saw they lacked the votes, they walked out of a joint session called to consider it, leaving too few lawmakers to proceed.

Conviction requires 30 votes in the 45-member Senate. Either way, Alliana, who survived his own impeachment attempt Thursday, will serve out the term through August 2028.

The impeachment charges center on Peña’s close ties to Ueno, which grew from a little-known lender into one of Paraguay’s largest banks in just a few years, taking in more than $800 million in public funds.

Lawmakers cite Peña’s stake in Ueno’s holding company, which he sold only last year, and his appointment of a former Ueno executive to run the central bank that regulated it. They also accuse him of letting public pension deposits at the bank exceed legal limits.

Former Ueno CEO Miguel Vázquez has been charged with crimes including breach of trust and attempted fraud, and a judge has ordered six bank directors held in pretrial detention. Police and prosecutors raided company offices in Asunción and towed nine luxury vehicles from Vázquez’s home early Friday.

Ueno’s nearly 3 million customers still cannot withdraw cash, make digital payments or use their bank cards. The central bank calls the collapse an isolated case and insists the broader financial system is safe.

Follow AP’s Latin America coverage at https://apnews.com/hub/latin-america

Lawmakers debate whether to accept President Santiago Pena's resignation, after Paraguay's central bank took over Ueno Bank amid a solvency crisis that froze millions of people's savings, at Congress in Asuncion, Paraguay, Thursday, Nov. 5, 2026. (AP Photo/Jorge Saenz)

Lawmakers debate whether to accept President Santiago Pena's resignation, after Paraguay's central bank took over Ueno Bank amid a solvency crisis that froze millions of people's savings, at Congress in Asuncion, Paraguay, Thursday, Nov. 5, 2026. (AP Photo/Jorge Saenz)

Protesters burn a effigy depicting President Santiago Pena outside Congress following a failed session to discuss Pena's resignation, days after Paraguay's central bank took over Ueno Bank over a solvency crisis, in Asuncion, Paraguay, Thursday, Nov. 5, 2026. (AP Photo/Jorge Saenz)

Protesters burn a effigy depicting President Santiago Pena outside Congress following a failed session to discuss Pena's resignation, days after Paraguay's central bank took over Ueno Bank over a solvency crisis, in Asuncion, Paraguay, Thursday, Nov. 5, 2026. (AP Photo/Jorge Saenz)

People protest outside Congress during a session to discuss President Santiago Pena's resignation, days after Paraguay's central bank took over Ueno Bank amid a solvency crisis, in Asuncion, Paraguay, Thursday, Nov. 5, 2026. (AP Photo/Jorge Saenz)

People protest outside Congress during a session to discuss President Santiago Pena's resignation, days after Paraguay's central bank took over Ueno Bank amid a solvency crisis, in Asuncion, Paraguay, Thursday, Nov. 5, 2026. (AP Photo/Jorge Saenz)

Lawmakers debate whether to accept President Santiago Pena's resignation following Paraguay's central bank takeover of Ueno Bank amid a solvency crisis, at Congress in Asuncion, Paraguay, Thursday, Nov. 5, 2026. (AP Photo/Jorge Saenz)

Lawmakers debate whether to accept President Santiago Pena's resignation following Paraguay's central bank takeover of Ueno Bank amid a solvency crisis, at Congress in Asuncion, Paraguay, Thursday, Nov. 5, 2026. (AP Photo/Jorge Saenz)

People protest in front of police against the government and Ueno Bank, which Paraguay's central bank seized amid a solvency crisis, in Asuncion, Paraguay, Wednesday, Nov. 4, 2026. (AP Photo/Jorge Saenz)

People protest in front of police against the government and Ueno Bank, which Paraguay's central bank seized amid a solvency crisis, in Asuncion, Paraguay, Wednesday, Nov. 4, 2026. (AP Photo/Jorge Saenz)

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