DUKE Robotics

DUKR

Market cap $18.8M

Leading Global Defense Technology Company Elbit Received New Order for the Battle-Tested Bird of Prey; Deliveries Expected Later This Year

Incoming Chief Executive Officer Brings Two Decades of Defense Leadership, Most Recently at Israeli Loitering-Munitions Innovator SpearUAV, and Previously at Rafael Advanced Defense Systems, One of Israel's Leading Defense Companies

Larger-Class Airframe Designed to Deliver Increased Payload Capacity, Extended Flight Duration, and Greater Per-Mission Productivity; Intended to Align Company's Operational Capabilities with Targeted International Markets Larger-Class Airframe Designed to Deliver Increased Payload Capacity, Extended Flight Duration, and Greater Per-Mission Productivity; Intended to Align Company's Operational Capabilities with Targeted International Markets

Largest Commercial Deployment of the IC Drone Platform to Date; Expanded Operational Scope is Expected to Support Previously Reported Path to Over $1 Million in Anticipated 2026 Revenue Under IEC Contract Alone

Expansion of Israel Electric Corporation IC Drone Contract Expected to Generate Over $1 Million in 2026 Revenue Launch of AEROTRACE™ AI-Powered Aerial Intelligence Platform; Bird of Prey Defense Drone Collaboration with Elbit Continues to Advance as Global Defense Spending on Drone Tech Rises Subsequent to Quarter End, Company Completed Approximately $9.2 Million Underwritten Public Offering and Uplisting on the Nasdaq Capital Market FT. LAUDERDALE, FL, May 20, 2026 (GLOBE NEWSWIRE) -- Duke Robotics Corp. (Nasdaq: DUKR; DUKRW) (“Duke Robotics” or the “Company”), a leader in advanced robotics and drone-based solutions for civilian and defense markets, today reported financial results for the first quarter ended March 31, 2026, and provided a corporate update.

Fort Lauderdale, FL, May 18, 2026 (GLOBE NEWSWIRE) -- Duke Robotics Corp. (OTCQB: DUKR) (“Duke Robotics” or the “Company”), a leader in advanced robotics and drone-based solutions for civilian and defense markets, today announced it has closed on its previously announced underwritten public offering of 1,125,000 units (the “Units”) at a public offering price of $8.20 per Unit. Each Unit issued in the offering consists of one share of common stock, $0.0001 par value per share, and one warrant to purchase one share of common stock at an exercise price of $8.60 per share, and have a five year term. The shares of common stock and warrants comprising the Units are immediately separable and will be issued separately.  The shares of common stock and warrants began trading on the Nasdaq Capital Market on May 15, 2026, under the symbols “DUKR” and “DUKRW,” respectively.