October 17, 2022
Xtend will develop multi-payload drones for the Pentagon’s irregular warfare office under an $8.9 million deal.
This is the sixth contract between Xtend and the Irregular Warfare Technical Support Directorate, and it follows a deal in May for the supply of hundreds of Wolverine Gen2 drones to the U.S. government.
The company, strengthening its foothold in the United States, recently established its U.S. based subsidiary Xtend Reality. The company attended the Association of the U.S. Army’s annual conference earlier this month, where it demonstrated a so-called human-guided autonomous drone system with a simulator.
The new contract will see the delivery next year of hundreds of drones that can operate indoors and outdoors.
MD One portfolio company announces 'MagNex', delivering a novel magnet 200x faster than traditional methods
MD One portfolio company announces 'MagNex', delivering a novel magnet 200x faster than traditional methods
Beauhurst's Henry Whorwood and Lab-1 CEO Robin Brattel joined MD One in London to discuss market and sector dynamics.