JFB Construction Holdings and XTEND back Rayonix partnership with USD 11 million India manufacturing deal

Reuters03-16

<a href="https://laohu8.com/S/JFB">JFB Construction Holdings</a> and XTEND back Rayonix partnership with USD 11 million India manufacturing deal

JFB said XTEND signed an exclusive manufacturing and distribution agreement with Rayonix to expand XTEND’s XOS autonomy platform into India. Under the deal, Rayonix will be XTEND’s exclusive manufacturing and distribution partner for selected platforms in India, subject to commercial milestones and regulatory compliance. The agreement includes an initial USD 11 million commitment and calls for localized manufacturing, testing, and distribution of UAV systems powered by XOS. Aviv Shapira and Amit Pande said the partnership includes technology transfer and operational enablement to support local production.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. JFB Construction Holdings published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603160830PRIMZONEFULLFEED9672575) on March 16, 2026, and is solely responsible for the information contained therein.

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