Tampa Bay Manufacturer Expects Revenue to Reach $44.5 Billion
AI infrastructure demand is helping drive another major growth year for the St. Petersburg manufacturer.
AI infrastructure demand is helping drive another major growth year for the St. Petersburg manufacturer.
The investment follows a Canadian military contract that could grow to 4,900 drone systems.
The sale cut One Rock’s stake by 20.4 million shares, while Primo bought back $10 million in stock.
Tampa-based XTEND AI Robotics plans to open a manufacturing, integration and support hub in Mexico, where the federal government has budgeted roughly $17.5 billion for defense and security in 2026. Called XFAB Mexico, the operation will handle manufacturing, system integration, technical support and customer operations as XTEND pursues work with Mexican defense, security and critical-infrastructure … Read more
Largo facility to produce Navy missile-launch system electronics under $96 million in contracts.
The $20 million investment accounts for part of XTEND’s previously announced $110 million financing.
The Tampa robotics firm enters public markets with new capital to expand manufacturing.
The seven-property sale helps shrink a $20 million preferred equity obligation to about $4 million.
The five-year refinancing preserves borrowing capacity as branded products drive company growth.
Outback sales rose as higher checks offset lower traffic while Bloomin’ cut costs and debt.