Sections
1. Investment Snapshot
2. Price Chart
3. Valuation & Price Target
4. Business & Product Moat
Discussion
Investment Snapshot
Price Chart
Valuation & Price Target
Business & Product Moat
Discussion
DUKE Robotics Corp.
Investment Snapshot
Symbol
DUKR
IPO Date (Actual)
2026-05-15
Offer Range
$8.20
Shares Offered
1.1M
Total Shares Post-IPO
4.5M
Market Cap
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Target Price
$00.00Implied Upside vs Midpoint
$00.00Use of Proceeds
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Price Chart
Historic Price Chart - DUKR
Valuation & Price Target
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Business & Product Moat
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Company Description (Source)
We are a robotics company developing advanced robotic and drone-based systems.
Our technologies include an advanced robotic stabilization system that enables
remote, real-time, pinpoint-accurate firing of small arms and light weapons, as
well as civilian drone-based solutions focused on infrastructure maintenance,
which is a drone technology for conducting routine maintenance of critical
infrastructure for electric utility insulator cleaning.
Although our stabilization technology was initially designed for use on unmanned
aerial systems (“UAS”), our robotic solutions are adaptable to other military
platforms and civilian applications.
On January 29, 2021, we, through Duke Airborne Systems Ltd. (“Duke Israel”), and
Elbit Systems Land Ltd., an Israeli corporation (“Elbit”), entered into a
collaboration agreement (the “Collaboration Agreement”) for the global marketing
and sales, and the production and further development by Elbit of our developed
advanced robotic system mounted on an unmanned aerial system, or UAS, armed with
lightweight firearms, which we then marketed under the commercial name “TIKAD.”
On April 2, 2025, we and Elbit executed a supplement letter (the “Supplement
Letter”) to the Collaboration Agreement relating to the stabilized weapons drone
system technology that Elbit has been marketing and deploying under the brand
name “Bird of Prey”. Pursuant to the Supplement Letter, we and Elbit have agreed
to expand our collaboration to allow us to market the system to military,
defense, home-land security and para-military customers, in coordination with
Elbit. We will be entitled to a commission fee, in the mid-single figure
percentage range, from any proceeds resulting from our marketing activities, in
addition to the royalties we will receive as part of the Collaboration
Agreement.
On August 15, 2022, Duke Israel introduced the Insulator Cleaning (“IC”) Drone,
a drone technology for conducting routine maintenance of critical
infrastructure, and has signed an agreement with Israel Electric Corporation
Ltd. (the “IEC”) to provide drone-enabled systems for cleaning electric utility
cable insulators. During October 2023, we completed our obligations under the
agreement with the IEC. This was followed in August 2024, by a new agreement
with the IEC to utilize our innovative IC Drone system for cleaning electric
utility cable insulators. On May 12, 2025, we announced the successful
commencement of our 2025 insulator cleaning activity in Israel with the IEC
under our previously announced service agreement. On June 10, 2025, we announced
the launch of our next-generation IC Drone System - the ICDS2 - representing a
significant technological advancement in our innovative utility maintenance
drone solution. The ICDS2 features several key technological advancements over
its predecessor, featuring extended flight time, higher payload capacity,
enhanced stability, advanced radar and improved cleaning durability. It has been
successfully deployed at the start of the insulator cleaning season in May 2025,
marking a full-season operational timeline compared to 2024’s mid-season
commencement.
We were founded in 2014 as Unlimited Aerial Systems, LLP (“UAS LLP”). Prior to
2020, we operated as a developer and manufacturer of commercial unmanned aerial
systems, with a focus on providing quadrotor aerial platforms for law
enforcement and first responder markets.
Duke Robotics Inc. (“Duke Inc.”) was formed in April 2016 and has a wholly owned
Israeli subsidiary, Duke Israel, incorporated under the laws of the State of
Israel. Duke Israel’s principal offices are located at 10 HaRimon Street, Mevo
Carmel Science and Industrial Park, Israel 2069203, and our telephone number is
+972-054-5707050. Our website address is https://dukeroboticsys.com.