DUKE Robotics Corp.
For the period ended May 20, 2026. Filed May 20, 2026.
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A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.
May 20, 2026 · Filed May 20, 2026
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DUKR$3.01+4.0%Stored close · as of Nov 6, 2026
Contents
EX-99.1 · Recent Business Highlights
Recent Business Highlights
| ● | Launch of AEROTRACE™: AI-Powered Aerial Intelligence Platform. In February 2026, the Company launched AEROTRACE, an AI-powered aerial monitoring and intelligence solution for infrastructure operators. AEROTRACE is designed to support utilities and industrial operators in identifying asset conditions, prioritizing maintenance activities, and improving decision-making. The Company believes AEROTRACE represents a potentially low-friction commercial entry point with utility customers; it can be sold independently of the IC Drone system or together with it, and is designed to support a shift in utility maintenance practices from reactive to proactive, condition-based servicing. AEROTRACE is intended to generate a recurring, software-style revenue stream that the Company believes can complement its IC Drone service business. |
| ● | Expansion of IEC Contract: Expected to Generate Over $1 Million in Revenue During 2026. In March 2026, the Company received a new purchase order from the IEC, Israel’s governmental and largest electricity supplier, expanding the scope of the IC Drone services provided by the Company for the cleaning and maintenance of high-voltage transmission infrastructure. The new order extends the existing agreement and increases the scale of services performed using the Company’s IC Drone system. The purchase order is expected to generate revenue of over a million U.S. dollars for Duke Robotics during 2026, representing an increase compared to the Company’s previous service activity with IEC. |
| ● | Greek Market. In January 2026, Duke Robotics, through its wholly owned Greek subsidiary Duke Robotics Hellas, received operational authorization from the Hellenic Civil Aviation Authority for IC Drone operations in Greece. |
| ● | Strategic Financing and Subsequent Uplisting to Nasdaq. Subsequent to the end of the quarter, the Company completed an underwritten public offering for gross proceeds of approximately $9.2 million and listed its common stock and warrants on the Nasdaq Capital Market under the symbols “DUKR” and “DUKRW.” The Company believes the financing provides significant funding to execute on commercial opportunities and accelerate its business plan with respect to both its civilian and defense business lines. |
| ● | Defense Segment: Bird of Prey Battle-Tested and Active Co-Marketing with Elbit. Through its collaboration with Elbit, the Bird of Prey stabilized weapons drone system has been confirmed in operational use by the Israel Defense Forces, with the system featured in August 2025 in an Israeli in-depth news report on advanced weaponized drone combat capabilities. The Company believes the confirmed operational deployment by the IDF provides important market validation in defense markets and positions the Bird of Prey for further international interest. The Company has previously reported initial royalty revenues from sales of the Bird of Prey system. The Company has active business development efforts across several geographies in coordination with Elbit under the parties’ co-marketing arrangement, against a backdrop of accelerating global interest in drone-based combat systems amid recent conflicts in the Middle East and Ukraine. |
| ● | U.S. Market Readiness Activities. As previously disclosed in December 2025, Duke Robotics is working to identify and evaluate NDAA-compliant drone systems and certified U.S. drone operators as potential platforms for its IC Drone technology. |
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