Duke Robotics Evaluating Drone Operators in Preparation for Commencement of Activities in Greece
Duke Robotics Corp. (OTCQB: DUKR) is making significant progress in selecting certified drone operators in Greece, marking a important step in its European expansion strategy. This follows the establishment of Duke Robotics Hellas I.K.E and appointment of Alexandra Papaconstantinou as Managing Director.
CEO Yossef Balucka has been conducting extensive visits throughout Greece to evaluate potential drone operators, with the selection process expected to conclude soon. The evaluation focuses on technical capabilities, safety records, regulatory compliance, and growth support capacity.
The expansion aligns with Greece's significant investment in energy projects, including €32 billion in EU funding and a target to generate 82% of electricity from renewable sources by 2030, presenting opportunities for Duke Robotics' utility maintenance solutions.
Duke Robotics Corp. (OTCQB: DUKR) sta compiendo progressi significativi nella selezione di operatori di droni certificati in Grecia, segnando un passo importante nella sua strategia di espansione europea. Questo segue la creazione di Duke Robotics Hellas I.K.E e la nomina di Alexandra Papaconstantinou come Amministratore Delegato.
Il CEO Yossef Balucka ha effettuato numerose visite in tutta la Grecia per valutare i potenziali operatori di droni, con la selezione che si prevede sarà completata a breve. La valutazione si concentra sulle capacità tecniche, sullo storico di sicurezza, sulla conformità normativa e sulla capacità di supportare la crescita.
L'espansione è in linea con il significativo investimento della Grecia nei progetti energetici, inclusi 32 miliardi di euro di finanziamenti UE e l'obiettivo di generare l'82% dell'elettricità da fonti rinnovabili entro il 2030, offrendo opportunità per le soluzioni di manutenzione utility di Duke Robotics.
Duke Robotics Corp. (OTCQB: DUKR) está logrando avances significativos en la selección de operadores de drones certificados en Grecia, marcando un paso importante en su estrategia de expansión europea. Esto sigue al establecimiento de Duke Robotics Hellas I.K.E y al nombramiento de Alexandra Papaconstantinou como Directora General.
El CEO Yossef Balucka ha realizado extensas visitas por toda Grecia para evaluar a los posibles operadores de drones, y se espera que el proceso de selección concluya pronto. La evaluación se centra en las capacidades técnicas, el historial de seguridad, el cumplimiento normativo y la capacidad para apoyar el crecimiento.
La expansión está alineada con la importante inversión de Grecia en proyectos energéticos, incluyendo 32 mil millones de euros en fondos de la UE y el objetivo de generar el 82% de la electricidad a partir de fuentes renovables para 2030, lo que presenta oportunidades para las soluciones de mantenimiento de servicios públicos de Duke Robotics.
Duke Robotics Corp. (OTCQB: DUKR)는 그리스에서 인증된 드론 운영자 선발에 중요한 진전을 이루고 있으며, 이는 유럽 확장 전략의 중요한 단계입니다. 이는 Duke Robotics Hellas I.K.E 설립과 Alexandra Papaconstantinou의 전무이사 임명에 따른 것입니다.
CEO Yossef Balucka는 그리스 전역을 방문하며 잠재적 드론 운영자를 평가하고 있으며, 선발 과정은 곧 마무리될 예정입니다. 평가 기준은 기술 역량, 안전 기록, 규제 준수 및 성장 지원 능력에 중점을 둡니다.
이번 확장은 그리스의 에너지 프로젝트에 대한 막대한 투자와도 부합하며, EU 자금 320억 유로와 2030년까지 전력의 82%를 재생 가능 에너지로 생산한다는 목표는 Duke Robotics의 유틸리티 유지보수 솔루션에 기회를 제공합니다.
Duke Robotics Corp. (OTCQB : DUKR) réalise des progrès importants dans la sélection d’opérateurs de drones certifiés en Grèce, marquant une étape clé dans sa stratégie d’expansion européenne. Cela fait suite à la création de Duke Robotics Hellas I.K.E et à la nomination d’Alexandra Papaconstantinou en tant que Directrice Générale.
Le PDG Yossef Balucka a mené de nombreuses visites à travers la Grèce afin d’évaluer les opérateurs de drones potentiels, le processus de sélection devant bientôt se terminer. L’évaluation porte sur les compétences techniques, les antécédents en matière de sécurité, la conformité réglementaire et la capacité à soutenir la croissance.
Cette expansion s’inscrit dans le cadre des investissements importants de la Grèce dans les projets énergétiques, incluant 32 milliards d’euros de financements européens et un objectif de produire 82 % de l’électricité à partir de sources renouvelables d’ici 2030, offrant ainsi des opportunités pour les solutions de maintenance des services publics de Duke Robotics.
Duke Robotics Corp. (OTCQB: DUKR) macht bedeutende Fortschritte bei der Auswahl zertifizierter Drohnenbetreiber in Griechenland und markiert damit einen wichtigen Schritt in seiner europäischen Expansionsstrategie. Dies folgt auf die Gründung von Duke Robotics Hellas I.K.E und die Ernennung von Alexandra Papaconstantinou zur Geschäftsführerin.
CEO Yossef Balucka führt umfangreiche Besuche in ganz Griechenland durch, um potenzielle Drohnenbetreiber zu bewerten; der Auswahlprozess soll bald abgeschlossen sein. Die Bewertung konzentriert sich auf technische Fähigkeiten, Sicherheitsbilanz, Einhaltung gesetzlicher Vorschriften und Wachstumskapazitäten.
Die Expansion steht im Einklang mit Griechenlands bedeutenden Investitionen in Energieprojekte, darunter 32 Milliarden Euro EU-Fördermittel und das Ziel, bis 2030 82 % des Stroms aus erneuerbaren Quellen zu erzeugen, was Chancen für Duke Robotics’ Lösungen zur Versorgungswartung bietet.
- Expansion into Greek market through establishment of local subsidiary
- Advanced stage in drone operator selection process
- Access to €32 billion EU-funded energy project market in Greece
- Strategic alignment with Greece's renewable energy goals
- No immediate revenue generation from Greek operations
- Operational timeline for Greek market entry remains uncertain
FT. LAUDERDALE, FL, April 28, 2025 (GLOBE NEWSWIRE) -- Duke Robotics Corp. (OTCQB) ("Duke Robotics" or the "Company"), a leader in advanced robotics technology and autonomous drone solutions, today announced significant progress in its efforts to identify and select certified drone operators in Greece. This initiative represents a key advancement in the Company's European expansion strategy, following the recent establishment of Duke Robotics Hellas I.K.E ("Duke Robotics Greece") and the appointment of Alexandra Papaconstantinou as Managing Director of Duke Robotics Greece.
Yossef Balucka, Chief Executive Officer of Duke Robotics, has been conducting extensive visits throughout Greece alongside Mrs. Papaconstantinou to personally evaluate several potential drone operators. The Company is in advanced discussions with qualified candidates and expects to finalize the selection process in the very near future.
"Identifying the right drone operators is an important milestone in our Greek market entry strategy," said Yossef Balucka, Chief Executive Officer of Duke Robotics. "It is central to our operational methodology, enabling us to ensure highly professional operations. Our evaluation process has been thorough, and we're encouraged by the caliber of potential drone operators we've identified in Greece."
Duke Robotics’ evaluation process is based on the drone operators’ technical capabilities, safety record, regulatory compliance and capacity to support the Company's growth objectives in Greece.
Greece has allocated over
About Duke Robotics Corp.
Duke Robotics Corp. (formerly known as UAS Drone Corp) is a forward-thinking company focused on bringing advanced stabilization and autonomous solutions to both military and civilian sectors. Through its wholly owned subsidiary, Duke Robotics Ltd., the company developed TIKAD, an advanced robotic system that enables remote, real-time, and accurate firing of lightweight firearms and weaponry via an unmanned aerial platform (UAV) designed to meet the growing demand for tech solutions in modern warfare.
Duke Robotics Ltd. Also developed the IC Drone, a first-of-its-kind robotic, drone-enabled system for cleaning electric utility insulators. The unique system, based on the Company's advanced intellectual property and know-how, integrates algorithms, autonomous systems, and robotic technologies used in mission-critical applications.
For more information about Duke Robotics Corp (Previously UAS Drone Corp) please visit www.dukeroboticsys.com or view documents filed with the Securities and Exchange Commission at www.sec.gov.
Forward-Looking Statements
This press release contains forward-looking statements. Words such as "future" and similar expressions, or future or conditional verbs such as "will," are intended to identify such forward-looking statements. Forward-looking statements are made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and are based on our beliefs, assumptions, and information currently available to us. For example, we are using forward-looking statements when we discuss our market entry strategy to Greece and the broader European market, our plans to select certified drone operators, our expectation to finalize our selection process in the very near future, our ability to deploy our IC Drone technology to utility providers across Greece, the potential for our IC Drone technology to offer advantages in safety, efficiency, and environmental sustainability, our ability to establish operational capabilities in Greece, and the market opportunities created by Greece's investments in energy infrastructure modernization for innovative utility maintenance solutions such as those being developed by us. Our actual results may differ materially from those expressed or implied due to known or unknown risks and uncertainties. These include, but are not limited to, risks related to the successful market adoption of the IC Drone, the continued development and refinement of our technology, our ability to secure a suitable partner, fluctuations in foreign currency exchange rates, operational challenges associated with entering new markets, economic conditions that may affect infrastructure investment, geopolitical factors that could impact business operations, regulatory challenges in Greece or other regions, and competition from technological advances. For additional information on these and other risks and uncertainties, please see our filings with the Securities and Exchange Commission, including the discussion under "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our Annual Report on Form 10-K for the fiscal year ended December 31, 2024, and any subsequent filings with the Securities and Exchange Commission. We undertake no obligation to update any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.
Company Contact:
Duke Robotics Corp.
Yossef Balucka, CEO
invest@dukeroboticsys.com
Capital Markets & IR:
ARX | Capital Markets Advisors
North American Equities Desk
DUKE@arxadvisory
1 https://www.trade.gov/country-commercial-guides/greece-infrastructure
2 https://www.reuters.com/sustainability/greeces-new-climate-plan-sets-more-ambitious-renewable-energy-goals-2024-10-11
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