Duke Robotics
About
About Duke Robotics
Duke Robotics applies active stabilisation to aircraft-mounted tools and sensors. IC Drone carries a cleaning system to energised transmission insulators, with its ICDS2 configuration combining a larger aircraft, radar and operating controls for utility maintenance. Bird of Prey adapts the stabilisation technology to a remotely operated lightweight-firearm mount marketed through Elbit Systems.
AEROTRACE adds recurring infrastructure monitoring by pairing stabilised aerial capture with AI-assisted image analysis and reporting. Duke began revenue-generating IC Drone service with Israel Electric Corporation in 2024, expanded that work during 2026 and launched AEROTRACE the same year. The Nasdaq-listed company is led from Israel, with a United States office in Fort Lauderdale; product maturity differs between the established utility service, the defence programme and the newer analytics offer.
Products
Deployments
- Named Customer Rollout
expanded 2026 IC Drone deployment with Israel Electric Corporation - 2026-06-02 - Israel Electric Corporation - power-grid insulator cleaning - Duke Robotics commenced its expanded 2026 IC Drone deployment with Israel Electric Corporation for power-grid insulator cleaning. - source posture: Company Disclosed
Source - Expected Revenue Usd
over $1 million in expected 2026 revenue - 2026-03-17 - Israel Electric Corporation - utility infrastructure drone - Duke Robotics received a new Israel Electric Corporation purchase order for IC Drone, expected to generate over $1 million in 2026 revenue. - source posture: Company Disclosed
Source
Supply
Supply chain relationships
- Israel Electric Corporation
Outbound - Oem Builders - Israel Electric Corporation placed a purchase order for Duke Robotics IC Drone power-grid cleaning systems
Source - Elbit Systems Ltd.
Outbound - Licensed Technology - Duke Robotics supplies Bird of Prey stabilized weapon-drone IP licence for Elbit Bird of Prey system
Source
Financials
- DUKR - NASDAQ - USD
Team
- Yiftach Kleinman - Chief Executive Officer - Relevant to Duke Robotics because his background connects loitering-drone systems, defense business development and UAS commercialization.
- Raziel Atuar - President - Continues in senior leadership as Duke Robotics adds a new CEO for its defense and drone-technology growth phase.
Timeline
Events
- 2026-08-13 - Market Signal - Duke Robotics reports second-quarter 2026 results
Cost of revenue increased to US$91,000 from US$55,000, and gross profit declined to US$58,000 from US$88,000. General and administrative expense rose to US$954,000 from US$314,000, driven by share-based compensation, Nasdaq and offering fees, and higher personnel costs. Operating loss widened to US$928,000 from US$250,000; financing income of US$202,000 reduced the resulting net loss to US$726,000.
Source - 2026-06-23 - Commercial Order - Duke Robotics says Elbit received new Bird of Prey weapon-drone order
The order covers the battle-tested Bird of Prey stabilized weapon-drone system marketed through Elbit. Deliveries are expected later in 2026. Duke said the order should generate royalty revenue under its Elbit collaboration.
Source - 2026-06-11 - Executive Hire - Duke Robotics appoints Yiftach Kleinman as CEO
Kleinman previously co-founded and led SpearUAV and held senior business-development roles at Rafael Advanced Defense Systems. The company said Raziel Atuar transitioned from Chief Executive Officer to President. The appointment adds defense UAS and loitering-drone commercialization experience to Duke Robotics’ leadership team.
Source - 2026-06-02 - Deployment - Duke Robotics starts expanded 2026 IC Drone deployment with Israel Electric Corporation
Duke Robotics commenced its expanded 2026 IC Drone deployment with Israel Electric Corporation for power-grid insulator cleaning. The company described the deployment as the largest commercial deployment of the IC Drone platform to date. Duke said the IEC work is expected to generate more than $1 million in 2026 revenue.
Source - 2026-05-14 - Market Signal - Duke Robotics prices $9.2M underwritten public offering and Nasdaq uplisting
Duke Robotics priced an underwritten public offering of 1,125,000 units at $8.20 per unit. Each unit includes one common share and one warrant, with warrants exercisable at $8.60 for a five-year term. The company expected its common stock and warrants to begin trading on the Nasdaq Capital Market on May 15, 2026 under DUKR and DUKRW.
Source - 2026-03-17 - Commercial Order - Duke Robotics Announces New Purchase Order from Israel Electric Corporation for IC Drone
Duke said the order is expected to generate more than $1 million in revenue during 2026. The expanded engagement covers drone-based cleaning and maintenance of energized high-voltage infrastructure.
Source - 2026-02-05 - Product Launch - Duke Robotics Announces Launch of AEROTRACE, AI-Powered Advanced Aerial Monitoring and Intelligence Solution
Duke Robotics launched AEROTRACE as an aerial monitoring and intelligence solution. The product combines aerial data capture, AI-assisted image analysis, and software analytics for infrastructure monitoring workflows. The launch broadened Duke's offering beyond the IC Drone's cleaning workflow into monitoring and intelligence use cases.
Source - 2026-01-13 - Regulatory - Duke Robotics Secures Regulatory Approval for IC Drone Operations in Greece
Duke Robotics received regulatory approval to operate the IC Drone in Greece. The approval supports the company's commercial expansion efforts for IC Drone utility-service operations in Europe. The event extends the IC Drone's operating footprint beyond Duke's existing Israel activity.
Source - 2024-08-01 - Partnership - Israel Electric Corporation service agreement for IC Drone operations
Duke Robotics disclosed that it entered a new agreement with Israel Electric Corporation in August 2024 to use the IC Drone for cleaning electric utility cable insulators. The company identified the agreement as the source of its initial commercial services revenue in 2024. The disclosure positioned the arrangement as a commercial operating agreement following the earlier development-phase collaboration.
Source - 2022-08-15 - Product Launch - UAS Drone's Subsidiary, Duke Robotics, to introduce the IC Drone, a revolutionary, safer and cost-efficient drone technology for conducting routine maintenance of critical…
Duke Robotics introduced the IC Drone as a drone-enabled system for cleaning electric utility insulators. The company described the system as its first civilian application built from its stabilization, autonomy, and robotic-control stack. The launch was tied to an initial collaboration with Israel Electric Corporation around utility maintenance workflows.
Source
Relations
Relationships
- Elbit Systems Ltd.
Bird Of Prey Commercialization Collaboration - Duke Robotics holds Bird of Prey IP and receives royalties while Elbit markets and receives orders for the stabilized weapon-drone system.
- Israel Electric Corporation
Partner - 2024 agreement to use IC Drone for cleaning electric utility cable insulators; source of initial commercial services revenue (Form 10-K).
Context
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Context tags
- Industrial inspection drone builder - Peer Group
- Aerial inspection - Workflow
Commercial
2 commercial events; 2 commercial orders; latest event 2026-06-23
- 2026-06-23 - Commercial order - Duke Robotics says Elbit received new Bird of Prey weapon-drone order - source: ca.finance.yahoo.com
- 2026-03-17 - Commercial order - Duke Robotics Announces New Purchase Order from Israel Electric Corporation for IC Drone - source: globenewswire.com