Xos is trading 69.42% up at $3.54 after announcing a prototype U.S. Air Force agreement on August 17, 2026, to develop and deliver deployable mobile charging for electrified support equipment and vehicles.
- The contract marks Xos’s entry into the defense market
- Recent earnings included weaker revenue and reduced full-year guidance
- 2026 guidance remained lowered to $35–$43 million