DUKE Robotics Corp.

DUKE Robotics Corp. reported a net loss of $1.65 million for the six months ended June 30, 2026, on revenues of $149 thousand. Despite increased losses, the company significantly improved its liquidity by completing a public offering in May 2026, raising $7.26 million in net proceeds, and subsequently listing its common stock and warrants on the Nasdaq Capital Market. The company also executed a 1-for-25 reverse stock split in March 2026 and noted ongoing geopolitical instability in Israel as a risk factor.

Duke Robotics Corp. reported a net loss of $726,000, or $(0.26) per share, for the second quarter ended June 30, 2026, compared to a net loss of $269,000 in Q2 2025. Revenues for the quarter increased slightly to $149,000. The company successfully uplisted to the Nasdaq Capital Market and completed a public offering, raising approximately $9.2 million in gross proceeds, significantly boosting its cash reserves to $6.99 million. Additionally, Duke Robotics announced the appointment of Yiftach Kleinman as its incoming CEO, expanded its IC Drone grid-maintenance season with Israel Electric Corporation, expecting over $1 million in revenue, and received a new order for its Bird of Prey drone system through Elbit Systems.

Duke Robotics Corp. announced that its partner, Elbit Systems Land Ltd., has received a new order for the Bird of Prey stabilized weapons drone system, which incorporates Duke Robotics' proprietary technology. Deliveries for this system are anticipated later this year. Duke Robotics expects to earn royalty revenue from Elbit's sales of the Bird of Prey, reinforcing the value of their long-term collaboration. The company believes this order validates the system's operational relevance amid increasing global demand for drone-based combat systems.

Duke Robotics Corp. announced the appointment of Yiftach Kleinman as its new Chief Executive Officer, effective no later than September 8, 2026. Kleinman, with over two decades of defense and drone-technology leadership, most recently from SpearUAV and Rafael Advanced Defense Systems, will succeed Yossef Balucka. Balucka will transition to President, focusing on advancing the company's commercial business and customer relationships, as Duke Robotics enters a new phase of growth and aims to significantly expand its defense business.

DUKE Robotics Corp. reported a net loss of $921 thousand for Q1 2026, significantly wider than the $279 thousand loss in Q1 2025, with no revenues in either period. The company's total stockholders' equity shifted to a deficit of $573 thousand from a positive $100 thousand. Post-quarter, DUKE Robotics successfully closed a public offering on May 18, 2026, raising approximately $9,225 thousand in gross proceeds, and its common stock and warrants began trading on the Nasdaq Capital Market on May 15, 2026. Management believes this funding will ensure liquidity for over 12 months.

Duke Robotics Corp. reported its first quarter 2026 financial results, showing no revenue and a net loss of $921,000. However, the company announced significant business advancements, including its uplisting to the Nasdaq Capital Market and a successful $9.2 million public offering subsequent to the quarter end. Key operational highlights include the launch of its AEROTRACE AI-powered aerial intelligence platform and an expanded contract with the Israel Electric Corporation, projected to generate over $1 million in 2026 revenue.

DUKE Robotics Corp. closed its underwritten public offering of 1,125,000 units at a public offering price of $8.20 per unit, resulting in approximately $9.2 million in aggregate gross proceeds. Each unit consisted of one share of common stock and one warrant to purchase one share of common stock. Concurrently, the company's common stock and warrants began trading on the Nasdaq Capital Market under the symbols "DUKR" and "DUKRW" respectively. The net proceeds from the offering are intended for research and development, sales force expansion, marketing, business development, potential acquisitions, and general working capital.

DUKE Robotics Corp. filed an S-1MEF registration statement to increase the aggregate offering price of its public offering by $1,408,750. This filing, made under Rule 462(b), relates to an earlier S-1 registration for units, each comprising one share of common stock and one warrant to purchase one share of common stock. The additional securities represent no more than 20% of the maximum aggregate offering price from the prior filing.

DUKE Robotics Corp. filed an amended S-1 registration statement for a firm commitment underwritten public offering of 761,905 units, each comprising one share of common stock and one warrant, at an assumed price of $10.50 per unit. The company expects to receive approximately $6.85 million in net proceeds, which will be used for research and development, sales expansion, marketing, and general working capital. DUKE Robotics has applied to list its common stock and warrants on the Nasdaq Capital Market, but also noted that its financial position raises substantial doubt about its ability to continue as a going concern.

DUKE Robotics Corp. filed an S-1 amendment for a public offering of 648,298 units, each comprising one common stock and one warrant, at an assumed price of $12.34 per unit. The company anticipates net proceeds of approximately $6.85 million, earmarked for research and development, sales expansion, marketing, business development, potential acquisitions, and general working capital. DUKR plans to list its common stock and warrants on the Nasdaq Capital Market, with the offering contingent on this approval. Additionally, 170,954 shares are registered for resale by existing stockholders, from which the company will not receive proceeds. The filing also notes substantial doubt about the company's ability to continue as a going concern due to inadequate capital.