XTEND Secures $8.8M U.S. Department of Defense Contract for AI-Driven Tactical Drones

URLhttps://dronelife.com/2024/12/20/xtend-secures-8-8
SourceDrone Life
Date Published12/20/2024
Author NameMiriam McNabb

Additional Reshoring Information:

Company/Division name XTEND
Parent companyXTEND
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2024
Year reshoring implemented or to be implemented:2025
Capital investment ($):8.8
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredAI-Powered Tactical Drone Technology
What domestic positive factors made reshoring more attractive?Government Incentives
Government Incentive dollar amount:8,800,000
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