Xtend, a drone company known for its innovative aerial solutions, has secured $40 million in funding to pivot deeper into the defense sector. Co-founded by brothers Aviv and Matteo Shapira nearly a decade ago, the company initially garnered attention with its Replay technology that offers immersive 360-degree replays. The recent funding round signals a strategic shift towards military applications, raising questions about ethics and the role of tech companies in defense.
Vero’s thoughts on the news:
As an app developer who thrives on cutting-edge tech, I can’t help but see both sides of this coin. Xtend’s pivot into defense showcases the potential of drones to transform security operations, which is undeniably impressive. However, as we venture into this territory, it’s crucial for us to maintain ethical boundaries; technology in defense should never mean disregard for civilian safety. The tech community must ensure that innovation doesn’t come at the cost of our principles. We need to foster responsible tech development that prioritizes preserving human rights alongside technological advancement.
Source: Controversial drone company Xtend leans into defense with new $40M round | TechCrunch
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