Duke Robotics Corp.
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Duke Robotics Announces Launch of AEROTRACE™ - AI-Powered Advanced Aerial Monitoring and Intelligence Solution
Globenewswire· 2026-02-05 13:30
Core Insights - Duke Robotics Corp. has launched AEROTRACE™, an aerial monitoring and intelligence solution aimed at enhancing infrastructure monitoring and operational planning for utilities and industrial operators [1][2][4] Product Overview - AEROTRACE™ integrates advanced hardware, sensors, software, and AI to capture high-resolution aerial data, transforming it into actionable insights for infrastructure assessment [2][3] - The system supports asset condition identification, maintenance prioritization, and improved decision-making across large-scale infrastructure networks [2][3] Strategic Importance - The introduction of AEROTRACE™ signifies an expansion of Duke Robotics' capabilities, adding a monitoring and intelligence layer to its existing technology portfolio [3][4] - AEROTRACE™ can function independently or complement the company's Insulator Cleaning Drone service, enhancing maintenance efficiency [3] Company Background - Duke Robotics develops advanced stabilization and autonomous robotic drone systems for civilian and defense markets, including the innovative Insulator Cleaning Drone [5] - The company collaborates with Elbit Systems to market the Bird of Prey weapons drone system, showcasing its diverse technological applications [5]
Duke Robotics Secures Regulatory Approval for IC Drone Operations in Greece
Globenewswire· 2026-01-13 13:30
Core Insights - Duke Robotics Corp. has received operational authorization for its Insulator Cleaning Drone (IC Drone) from the Hellenic Civil Aviation Authority, marking a significant milestone for the company in the Greek market [1][2][3] Regulatory Approval - The authorization was granted after Duke Robotics Greece successfully completed the Specific Operations Risk Assessment (SORA) process, ensuring compliance with EU Regulation 2019/947 for safe drone operations [2][4] - This approval allows Duke Robotics Greece to transition from regulatory preparation to operationalization of the IC Drone activities in Greece [3][4] Operationalization Phase - The completion of the SORA process under the EU regulatory framework establishes a compliant foundation for Duke Robotics as it expands its European activities [4] - The IC Drone system is designed for cleaning and monitoring high-voltage electric utility insulators, providing a safer and more efficient alternative [5] Company Overview - Duke Robotics develops advanced stabilization and autonomous robotic drone systems for both civilian and defense markets, including a collaboration with Elbit Systems for the Bird of Prey weapons drone system [5]
Duke Robotics Announces $750,000 Private Placement at a Premium to Market
Globenewswire· 2026-01-05 13:30
Core Viewpoint - Duke Robotics Corp. has successfully raised $750,000 through a private placement, which is expected to strengthen its balance sheet and support near-term execution opportunities in advanced robotics technology and autonomous drone solutions for civilian and defense markets [1][2]. Group 1: Private Placement Details - The private placement involved a definitive securities purchase agreement with accredited investors, raising gross proceeds of $750,000 [1]. - Units in the private placement are priced at $0.36 per unit, each consisting of one share of common stock and one warrant to purchase an additional share at $0.65, expiring on November 30, 2026 [3]. - The proceeds will be utilized for working capital and general corporate purposes, including ongoing operational and commercialization initiatives [2]. Group 2: Company Overview - Duke Robotics develops advanced stabilization and autonomous robotic drone systems for both civilian and defense markets, including the Insulator Cleaning Drone (IC Drone) and the Bird of Prey weapons drone system [6]. - The IC Drone offers a safer and more efficient method for cleaning high-voltage electric utility insulators, while the Bird of Prey system is designed for non-line-of-sight engagements [6].
Duke Robotics Advances Market Expansion Strategy for IC Drone Technology in Central Asia Following the Expansion of the Abraham Accords
Globenewswire· 2025-12-11 13:30
Core Insights - Duke Robotics is actively pursuing business development to expand its Insulator Cleaning Drone technology into Central Asian markets, encouraged by Kazakhstan's recent inclusion in the Abraham Accords, which enhances cooperation opportunities with Israel [1][2][3] Group 1: Company Overview - Duke Robotics Corp. specializes in advanced robotics technology and autonomous drone solutions for both civilian and defense sectors, with its Insulator Cleaning Drone being a pioneering system for cleaning high-voltage electric utility insulators [4] - The company has established a collaboration with Elbit Systems Land Ltd. to market the Bird of Prey weapons drone system, designed for non-line-of-sight engagements [4] Group 2: Market Expansion - The strengthening diplomatic ties between Israel and Central Asian nations under the Abraham Accords are creating favorable conditions for introducing Israeli technologies, with Kazakhstan's addition expected to enhance trade and cooperation [2][3] - The Central Asian expansion follows Duke Robotics' ongoing growth strategy in Europe, including recent activities in the Greek market, demonstrating the commercial viability of the IC Drone [3]
"Birds of Prey" Weaponized Drone System Marketed Through Duke Robotics’ Collaboration with Elbit Featured On Israeli Television Segment
Globenewswire· 2025-08-28 13:00
Core Insights - Duke Robotics Corp. showcased its "Birds of Prey" stabilized weapons drone system on Israeli television, highlighting its role in the Israel Defense Forces' advanced drone warfare capabilities [1][2] - The "Birds of Prey" system is part of a strategic collaboration with Elbit Systems Land Ltd., and the company anticipates receiving initial revenues from sales of this system [2][4] Company Overview - Duke Robotics Corp. focuses on advanced robotics technology and autonomous drone solutions for military and civilian sectors, previously known as UAS Drone Corp [4] - The company has developed the TIKAD system, which allows for the carrying of weaponry via drones, and the IC Drone for cleaning electric utility insulators [4] Industry Context - The IDF's drone units utilize advanced technologies that have transformed modern battlefield operations, demonstrating capabilities such as surgical precision in threat neutralization [2][3] - The recent coverage on Channel 14 News provided insights into the operational use of these drone systems during the "Iron Swords" war, emphasizing their effectiveness in combat scenarios [2][3]
Duke Robotics to Receive First Royalty Revenues through its Collaboration with Elbit
Globenewswire· 2025-07-09 12:30
Core Viewpoint - Duke Robotics Corp. anticipates receiving initial revenues from royalties through its collaboration with Elbit Land Systems for the "Birds of Prey" stabilized weapons drone system, marking a significant milestone in its revenue generation strategy [1][3]. Group 1: Collaboration and Revenue Generation - The collaboration with Elbit allows Duke Robotics to receive royalties from the sales of the "Birds of Prey" drone system, which is designed to enhance military operational capabilities while minimizing personnel risk [2][3]. - The Company expects that these royalties will contribute to its revenue for the fiscal year ending December 31, 2025, although the majority of revenue is still anticipated to come from its IC Drone insulator cleaning activities [4]. Group 2: Technology and Product Offerings - The "Birds of Prey" system features proprietary technology enabling precise remote operations via an unmanned aerial platform, aimed at modern warfare applications [2]. - Duke Robotics has developed TIKAD, a drone-mounted remote robotic system for carrying weaponry, and the IC Drone, a robotic system for cleaning electric utility insulators, showcasing its focus on advanced stabilization and autonomous solutions [5]. Group 3: Strategic Importance - The CEO of Duke Robotics emphasized that the revenue from royalties represents an important advancement in the Company's strategy to monetize its proprietary technologies across military and civilian applications, especially as Israeli defense technologies gain global strategic importance [3].
Duke Robotics Unveils Next-Generation IC Drone System - The ICDS2
Globenewswire· 2025-06-10 12:30
Core Viewpoint - Duke Robotics Corp. has launched its next-generation Insulator Cleaning Drone System (ICDS2), which represents a significant technological advancement in utility maintenance drone solutions [1][4]. Group 1: Technological Advancements - The ICDS2 builds upon the proven IC Drone technology with substantial performance improvements aimed at enhancing operational capabilities for utility providers globally [2]. - Key features of the ICDS2 include extended flight time, increased maximum takeoff weight (MTOW), enhanced stability, advanced radar systems, and superior cleaning durability [5]. Group 2: Operational Benefits - The extended flight duration allows for more efficient servicing of multiple high-voltage insulators in each mission, improving operational efficiency [5]. - The increased payload capacity enables the system to carry more cleaning agents, resulting in longer refill intervals and enhanced operational efficiency [5]. - Advanced stabilization algorithms and improved communication systems provide superior precision during cleaning operations, allowing for effective operations in challenging weather conditions [5]. - Next-generation sensors enhance detection capabilities, improving safety and enabling operations in complex environments [5]. - Reinforced cleaning mechanisms and optimized water delivery systems increase cleaning effectiveness while reducing maintenance requirements [5]. Group 3: Company Background - Duke Robotics Corp. focuses on advanced stabilization and autonomous solutions for both military and civilian sectors, with a history of developing innovative technologies such as the TIKAD robotic system and the IC Drone [6].
Duke Robotics Strengthens Global Growth Strategy with Appointment of Yuval Hogeg as International Business Development Director
Globenewswire· 2025-05-19 12:30
Core Insights - Duke Robotics Corp. has appointed Mr. Yuval Hogeg as the International Business Development Director to enhance its global expansion strategy [1][2][4] - Mr. Hogeg has over 22 years of experience in managing international cooperation and intelligence operations, which will aid in establishing partnerships across various regions [3][4] - The company aims to scale its IC Drone technology for high-voltage insulator maintenance and collaborate with Elbit Systems Land to market its stabilized weapons drone system, "Birds of Prey" [2][5] Company Overview - Duke Robotics Corp. focuses on advanced robotics technology and autonomous drone solutions for both military and civilian sectors [5] - The company has developed TIKAD, a robotic system for remote firing of lightweight firearms, and the IC Drone, a system for cleaning electric utility insulators [5] - Duke Robotics integrates advanced algorithms and robotic technologies for mission-critical applications, addressing the growing demand for tech solutions in modern warfare [5]
Duke Robotics Announces Commencement of 2025 Insulator Cleaning Activity with Israel Electric Corporation
Globenewswire· 2025-05-12 12:30
Core Insights - Duke Robotics Corp. has successfully launched its IC Drone services at the beginning of the 2025 insulator cleaning season, expecting increased revenues from these operations compared to the previous year [1][2][3] Group 1: Operational Highlights - The IC Drone system has been deployed at the start of the insulator cleaning season in May 2025, allowing the company to capitalize on the entire season rather than a mid-season start as in 2024 [1][2] - The company anticipates recognizing revenue from the IC Drone services in the second quarter of 2025, contrasting with 2024 when no revenue was generated due to the late start [2][3] Group 2: Technology and Market Position - The IC Drone offers a safer, more efficient, and environmentally sustainable solution for maintaining high-voltage electric infrastructure compared to traditional methods, highlighting its operational reliability and market demand [3][4] - The successful deployment of the IC Drone marks a significant transition for Duke Robotics from development to active commercial operations, supporting its global expansion strategy [4] Group 3: Company Background - Duke Robotics Corp. focuses on advanced robotics technology and autonomous drone solutions, with a product portfolio that includes the IC Drone for cleaning electric utility insulators and TIKAD for military applications [4]
Duke Robotics Evaluating Drone Operators in Preparation for Commencement of Activities in Greece
Globenewswire· 2025-04-28 12:30
Company Overview - Duke Robotics Corp. is a leader in advanced robotics technology and autonomous drone solutions, focusing on military and civilian sectors [5] - The company has developed innovative products such as TIKAD, a robotic system for remote firing of lightweight firearms, and the IC Drone, a system for cleaning electric utility insulators [5][6] European Expansion Strategy - Duke Robotics is making significant progress in selecting certified drone operators in Greece as part of its European expansion strategy [1] - The establishment of Duke Robotics Hellas I.K.E and the appointment of Alexandra Papaconstantinou as Managing Director are key steps in this strategy [1] Market Entry in Greece - CEO Yossef Balucka is personally evaluating potential drone operators in Greece, with advanced discussions ongoing [2][3] - The evaluation process focuses on technical capabilities, safety records, regulatory compliance, and the ability to support the company's growth objectives [3] Opportunities in Greece - Greece has allocated over $32 billion in EU funding for energy-related projects, aiming for 82% of its electricity to come from renewable sources by 2030 [4] - This funding creates substantial opportunities for innovative utility maintenance solutions, aligning with the offerings of Duke Robotics [4]