Controversial drone company Xtend leans into defense with new $40M round

Controversial drone company Xtend leans into defense with new $40M round

a week ago
Anonymous $6hYC3Wwiad

https://techcrunch.com/2024/05/08/controversial-drone-company-xtend-leans-into-defense/

Close to a decade ago, brothers Aviv and Matteo Shapira co-founded Replay, a company that created a video format for 360-degree replays — the sorts of replays that have become part and parcel of major sports broadcasts.

Replay caught the attention of Intel, which acquired the company in 2016 for a reported $175 million, and led Aviv and Matteo to a chance meeting with Rubi Liani, the founder of Israeli’s official drone racing league (FRIL).