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DUKR-News
DUKR-Events
Duke Robotics Files $50M Mixed Securities Shelf
Duke Robotics files $50M mixed securities shelf
Duke Robotics Receives New Order from Elbit, Deliveries Expected This Year
Duke Robotics (DUKR) announced that it has received confirmation from Elbit Systems (ESLT) that Elbit has received a new order for the Bird of Prey stabilized weapons drone system, with deliveries expected to take place later this year. The company said, "The Bird of Prey is an agile, fully stabilized remote weapon system designed for non-line-of-sight and stand-off engagements. Built on Duke Robotics' proprietary stabilization technology, the system is engineered to deliver precise engagement capability from a moving aerial platform - a long-standing technical challenge for weaponized drones. The Company believes the confirmation of a new order further validates the operational relevance of the system and the strength of its collaboration with Elbit, one of the world's leading defense companies."
Duke Robotics Appoints Yiftach Kleinman as CEO
Duke Robotics announced the appointment of Yiftach Kleinman as CEO, with such appointment becoming effective upon the commencement of his employment with the company, which is expected to occur no later than September 8. Kleinman will succeed Yossef Balucka as CEO upon the effectiveness of his appointment. Following effectiveness, Balucka will continue to serve as the company's president, focusing on advancing Duke Robotics' commercial business. Most recently, Kleinman served in senior leadership roles including being CEO of SpearUAV.
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