tech
February 20, 2026
Trump’s son invests in ‘low cost per kill’ drones
Eric Trump is investing in an Israeli drone maker as part of a $1.5 billion deal to take the company public via a merger
TL;DR
- Eric Trump is investing in Israeli drone producer Xtend.
- The investment is part of a $1.5 billion deal to merge Xtend with Florida-based JFB Construction and take the company public.
- Xtend markets its drones as 'low cost per kill' munitions and saw operational use in Gaza.
- The company has a production site in Florida and a multimillion-dollar Pentagon contract.
- Unusual Machines, backed by Donald Trump Jr., is also financially supporting the deal.
- Xtend CEO stated the merger will allow scaling production in the US and access to public capital markets.
- Xtend was invited to participate in the US Department of War's 'Drone Dominance Program'.
- The investment has drawn criticism regarding potential conflicts of interest and the Trump family's business ties.
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