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14:34Now PlayingThe drone company XTEND launched a crowdfunding effort to be “used for the immediate production & deployment of life saving systems for our IDF troops on the frontlines.” Cenk Uygur and Jordan Uhl discuss on The Young Turks. Your Support is Crucial to the Show
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"THE WAR IN Gaza has been good for the drone startup XTEND. Since October 7, the Tel Aviv company has pivoted to providing the Israeli military with cheap, nimble robot aircraft. This demand helped the company secure $40 million in new venture capital funding, bringing its total raised to $60 million. That money will go toward software refinements to better serve Israel’s Ministry of Defense, its co-founder and CEO Aviv Shapira touted in a press release.
Yet despite its venture capital bounty and recent military contracts, XTEND has also been asking for charity."
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