$40 million in Series B investment was received by XTEND, the Tel Aviv, Israel-based company behind XOS, an AI-driven operating system that allows people to communicate with robots and drones.
Investors
- Chartered Group
- Clal-Tech and other key investors, both old and new
Use of funds
The firm plans to increase global sales of its own drones and robotics products and to further develop its proprietary XOS operating system and its use in different corporate and security scenarios worldwide.
In order to bring the future of human-machine teaming, XTEND is constantly improving its XOS operating system and those platforms. Hundreds of its drone and robotics systems are currently operationally deployed across the world. Because XOS is hardware agnostic, it may complement current technologies, operate a wide range of platforms, including devices from third parties, and build whole new systems from the ground up. Because of its open design, XOS can also run apps created by other businesses.
XOS has been designed for a variety of markets, such as public safety, security, inspection, and logistics.
About XTEND
Under the direction of Aviv Shapira, CEO, and Matteo Shapira, CXO, XTEND offers a human-supervised, AI-driven drone and robot operating system that requires no training and allows operators to carry out very complex and dynamic missions in any setting. Its patented XOS operating system, which combines the best aspects of human intelligence and machine autonomy, allows professionals in the fields of logistics, public safety, inspection, defense, and security to work with machines safely and effectively from a distance. This opens up new possibilities for collaboration.
