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Duke Robotics Reports Third Quarter 2025 Financial Results and Provides Business Update
Globenewswire· 2025-11-17 13:00
FT. LAUDERDALE, FL, Nov. 17, 2025 (GLOBE NEWSWIRE) -- Duke Robotics Corp. (OTCQB: DUKR) ("Duke Robotics" or the "Company"), a leader in advanced robotics technology and autonomous drone solutions, today reported financial results for the third quarter ended September 30, 2025, and provided a corporate update. Yossef Balucka, Chief Executive Officer of Duke Robotics, commented: “The third quarter of 2025 marked meaningful progress in advancing our international expansion strategy. We strengthened our operati ...
"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 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]