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Recent Updates — DUKRW

August 13, 2026View Source ↗

DUKE Robotics Corp. reported second quarter 2026 financial results and provided a business update. The company completed an underwritten public offering generating approximately $9.2 million in gross proceeds and uplisted to the Nasdaq Capital Market. It appointed Yiftach Kleinman as incoming Chief Executive Officer, effective no later than September 8, 2026. Revenue for the three months ended June 30, 2026, was $149,000 with a net loss of $726,000 or $(0.26) per share. The company commenced an expanded grid-maintenance season with Israel Electric Corporation expected to generate over $1 million in revenue during 2026 and received a new order for its Bird of Prey drone system through Elbit Systems. Per share amounts were retroactively adjusted to reflect a 1-for-25 reverse stock split effected on March 6, 2026. The company develops advanced stabilization and autonomous robotic drone systems for civilian and defense markets.