Duke Robotics Reports Third Quarter 2025 Financial Results and Provides Business Update

About this update from Duke Robotics Corp.

Strong Quarter Highlighted by Advancing the Company’s International Expansion Strategy 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 operations in Greece and achieved significant milestones across our defense and civilian business lines. On the defense and civilian fronts, we’re encouraged by growing government focus on drone technologies worldwide, highlighted by President Trump’s recent executive order promoting the advancement of both commercial and defense applications of autonomous systems, as well as the U.S. Army’s stated goal to procure at least one million drones over the coming years 1 . We also confirmed initial royalty revenues under our collaboration agreement with Elbit Systems Land Ltd. (“Elbit”). Together with a successful 2025 IC Drone operations season with the Israel Electric Corporation (“IEC”), we believe that these developments position Duke Robotics for meaningful growth as we expand across both defense and civilian markets.” Recent Business Highlights Financial results for three months ended September 30, 2025 Financial results for nine months ended September 30, 2025 Balance Sheet Highlights Cash and cash equivalents were $361,000 as of September 30, 2025, compared to $1.26 million as of December 31, 2024, primarily reflecting ongoing investments and operating cash use during the period. As of September 30, 2025, trade receivables totaled $236,000, primarily from the IEC. The Company believes its current cash resources and projected receipts are sufficient to support operations through the second quarter of 2026. About Duke Robotics Duke Robotics Corp (OTCQB: DUKR) develops advanced stabilization and autonomous robotic drone systems for both civilian and defense markets. The Company’s Insulator Cleaning Drone (IC Drone) is a first-of-its-kind, drone-enabled system for cleaning and and monitoring highvoltage electric utility insulators. Leveraging Duke’s technologies, the IC Drone provides a safer, more efficient, and cost-effective alternative methods. In defense, through a collaboration agreement with Elbit Systems Land Ltd. (“Elbit”), the Bird of Prey weapons drone system is an agile, fully stabilized remote weapon system designed for non-line-of-sight and stand-off engagements, marketed by Elbit under the brand name Bird of Prey (formerly known as TIKAD). For additional Company information, please visit https://dukeroboticsys.com and follow us on Twitter (X) and LinkedIn . Forward-Looking Statements  This press release contains forward-looking statements. Words such as "future" and similar expressions, or future or conditional verbs such as "will," are intended to identify such forwardlooking statements. Forward-looking statements are made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and are based on our beliefs, assumptions, and information currently available to us. For example, we are using forward-looking statements when we discuss the expected future government focus on drone technologies worldwide; future Company growth, the Company’s expansion across both defense and civilian markets as well as its expansion across Europe and its global strategy. Our actual results may differ materially from those expressed or implied due to known or unknown risks and uncertainties. These include, but are not limited to, risks related to the successful market adoption of our technologies, the continued development and refinement of our technology, our ability to effectively collaborate with Elbit Systems, fluctuations in foreign currency exchange rates, operational challenges associated with marketing activities in new markets, economic conditions that may affect defense spending and infrastructure investment, geopolitical factors that could impact business operations, regulatory challenges in various regions, and competition from technological advances. For additional information on these and other risks and uncertainties, please see our filings with the Securities and Exchange Commission, including the discussion under "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our Annual Report on Form 10-K for the fiscal year ended December 31, 2024, and any subsequent filings with the Securities and Exchange Commission. We undertake no obligation to update any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. Company Contact: Duke Robotics Corp. Yossef Balucka, CEO [email protected] Investor Relations Contact: Arx Investor Relations North American Equities Desk [email protected] 1 https://www.whitehouse.gov/presidential-actions/2025/06/unleashing-american-drone-dominance/ , https://www.reuters.com/business/aerospace-defense/us-army-buy-1-million-drones-major-acquisition-ramp-up-2025-11-07/

View stock analysis, news, and events for Duke Robotics Corp.