DUKE Robotics Corp. Q2 FY26 Results

Summary

Duke Robotics reported revenues of $149,000 for the second quarter of 2026, a modest increase from the prior year's quarter. The company highlighted significant business developments, including the commencement of an expanded IC Drone grid-maintenance season with Israel Electric Corporation, which is expected to generate over $1 million in revenue for 2026. Additionally, a new order for the Bird of Prey system was received through Elbit Systems, and the company successfully completed a public offering and uplisted to the Nasdaq Capital Market. The appointment of Yiftach Kleinman as the new CEO signals a focus on expanding the defense business and commercial platforms.

Key Highlights

1. 1

   Duke Robotics reported revenues of $149,000 for the second quarter ended June 30, 2026, a slight increase from $143,000 in the same period of 2025.

2. 2

   The company commenced an expanded 2026 IC Drone grid-maintenance season with Israel Electric Corporation, with a purchase order expected to generate over $1 million in revenue during 2026.

3. 3

   A new Bird of Prey order was received through Elbit Systems, with deliveries expected during 2026, entitling Duke Robotics to royalties.

4. 4

   Duke Robotics successfully completed an underwritten public offering, generating approximately $9.2 million in gross proceeds and uplisting to the Nasdaq Capital Market.

5. 5

   The company initiated integration of its IC Drone system with a larger commercial-grade airframe to enhance payload capacity and flight duration.

6. 6

   Yiftach Kleinman, a defense and drone-technology veteran, was appointed as the incoming Chief Executive Officer, effective September 2026.