[2] https://www.forbes.com/sites/davidhambling/2026/01/26/lockheed-martin-skunk-works-teams-up-with-drone-swarm-developers/
[3] https://www.koreaherald.com/article/10614007
[4] https://verticalmag.com/press-releases/xtend-awarded-an-exclusive-multi-year-20m-contract-to-develop-and-supply-multi-drone-operating-system/
[5] Investor Deck, Slide 5.
[6] https://www.grandviewresearch.com/industry-analysis/drone-software-market-report
[7] https://roboticsandautomationnews.com/2025/10/30/global-robotics-market-set-to-more-than-double-to-205-5-billion-by-2030/96038/
[8] https://en.globes.co.il/en/article-israeli-drone-co-xtend-to-trade-on-nasdaq-at-15b-valuation-1001535304
[9] ““Today there are approximately 7.2 million connected drones worldwide, a figure that will increase to 47 million in 2030.” https://transformainsights.com/news/iot-drones-forecast-47-million-2030
[10] https://www.therobotreport.com/manufacturing-robot-installed-base-reach-16-3m-2030-abi-research/ and https://transformainsights.com/news/iot-drones-forecast-47-million-2030
[11] https://dronelife.com/2025/12/22/fcc-adds-foreign-made-drones-and-components-to-covered-list-citing-national-security-risks/
[12] “The United States must accelerate the safe commercialization of drone technologies and fully integrate UAS into the National Airspace System. The time has come to accelerate testing and to enable routine drone operations, scale up domestic production, and expand the export of trusted, American-manufactured drone technologies to global markets. Building a strong and secure domestic drone sector is vital to reducing reliance on foreign sources, strengthening critical supply chains, and ensuring that the benefits of this technology are delivered to the American people.” Unleashing American Drone Dominance: A Presidential Document by the Executive Office of the President on 06/11/2025. Executive Order 14307 of June 6, 2025 https://www.federalregister.gov/documents/2025/06/11/2025-10814/unleashing-american-drone-dominance
[13] https://www.federalregister.gov/documents/2025/06/11/2025-10814/unleashing-american-drone-dominance
[14] Investor Deck, Slide 5.
[15] https://dronelife.com/2025/11/11/xtend-secures-multi-million-dollar-dod-contract-for-ai-enabled-one-way-attack-drone-systems/
[16] https://verticalmag.com/press-releases/xtend-awarded-an-exclusive-multi-year-20m-contract-to-develop-and-supply-multi-drone-operating-system/
[17] https://news.lockheedmartin.com/2025-12-18-Skunk-Works-R-and-XTEND-Expand-Joint-All-Domain-Command-and-Control-for-Advanced-Mission-Execution
[18] Ibid.
[19] https://news.lockheedmartin.com/2025-12-18-Skunk-Works-R-and-XTEND-Expand-Joint-All-Domain-Command-and-Control-for-Advanced-Mission-Execution
[20] Investor Deck, Slide 5.
[21] Ibid.
[22] https://news.lockheedmartin.com/2025-12-18-Skunk-Works-R-and-XTEND-Expand-Joint-All-Domain-Command-and-Control-for-Advanced-Mission-Execution