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Duke Robotics Finalizes Selection of Drone Pilots for Greek Operations, Expecting Launch of IC Drone Services in Greece already this Summer

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Duke Robotics (OTCQB: DUKR) has completed the selection of drone pilots for its operations in Greece, marking a significant milestone in its European expansion strategy. The company plans to launch its Insulator Cleaning (IC) Drone services in Greece this summer, targeting the country's energy infrastructure modernization market.

This development follows the establishment of Duke Robotics Hellas I.K.E. earlier this year and aligns with Greece's infrastructure modernization initiatives, which include $32 billion in EU funding for energy-related projects and a national target to generate 82% of electricity from renewable sources by 2030. CEO Yossef Balucka emphasized that the selected drone pilots meet the company's strict requirements for technical capabilities, safety record, and regulatory compliance.

Duke Robotics (OTCQB: DUKR) ha completato la selezione dei piloti di droni per le sue operazioni in Grecia, segnando un traguardo importante nella sua strategia di espansione europea. L'azienda prevede di lanciare i suoi servizi di Pulizia Isolatori (IC) con droni in Grecia questa estate, puntando al mercato della modernizzazione delle infrastrutture energetiche del paese.

Questo sviluppo segue la creazione di Duke Robotics Hellas I.K.E. all'inizio di quest'anno e si allinea con le iniziative greche di modernizzazione delle infrastrutture, che includono 32 miliardi di dollari di finanziamenti UE per progetti energetici e un obiettivo nazionale di generare l'82% dell'elettricità da fonti rinnovabili entro il 2030. Il CEO Yossef Balucka ha sottolineato che i piloti di droni selezionati soddisfano i rigorosi requisiti dell'azienda in termini di capacità tecniche, sicurezza e conformità alle normative.

Duke Robotics (OTCQB: DUKR) ha completado la selección de pilotos de drones para sus operaciones en Grecia, marcando un hito importante en su estrategia de expansión europea. La compañía planea lanzar sus servicios de Limpieza de Aisladores (IC) con drones en Grecia este verano, enfocándose en el mercado de modernización de infraestructuras energéticas del país.

Este avance sigue a la creación de Duke Robotics Hellas I.K.E. a principios de este año y se alinea con las iniciativas griegas de modernización de infraestructuras, que incluyen 32 mil millones de dólares en financiación de la UE para proyectos energéticos y un objetivo nacional de generar el 82% de la electricidad a partir de fuentes renovables para 2030. El CEO Yossef Balucka destacó que los pilotos de drones seleccionados cumplen con los estrictos requisitos de la empresa en capacidades técnicas, historial de seguridad y cumplimiento normativo.

Duke Robotics (OTCQB: DUKR)는 그리스에서의 운영을 위한 드론 조종사 선발을 완료하며 유럽 확장 전략에 중요한 이정표를 세웠습니다. 회사는 이번 여름 그리스에서 절연체 청소(IC) 드론 서비스를 출시할 계획이며, 이는 국가의 에너지 인프라 현대화 시장을 목표로 합니다.

이번 발전은 올해 초 설립된 Duke Robotics Hellas I.K.E.와 연계되며, 에너지 관련 프로젝트에 320억 달러의 EU 자금 지원2030년까지 재생에너지로 전력의 82%를 생산하겠다는 국가 목표를 포함한 그리스의 인프라 현대화 정책과 일치합니다. CEO 요세프 발루카는 선발된 드론 조종사들이 기술 능력, 안전 기록, 규제 준수 등 회사의 엄격한 기준을 충족한다고 강조했습니다.

Duke Robotics (OTCQB : DUKR) a finalisé la sélection des pilotes de drones pour ses opérations en Grèce, marquant une étape importante dans sa stratégie d'expansion européenne. L'entreprise prévoit de lancer ses services de nettoyage d'isolateurs (IC) par drone en Grèce cet été, ciblant le marché de la modernisation des infrastructures énergétiques du pays.

Cette avancée fait suite à la création de Duke Robotics Hellas I.K.E. plus tôt cette année et s'inscrit dans le cadre des initiatives grecques de modernisation des infrastructures, qui comprennent 32 milliards de dollars de financements européens pour des projets liés à l'énergie et un objectif national de produire 82 % de l'électricité à partir de sources renouvelables d'ici 2030. Le PDG Yossef Balucka a souligné que les pilotes de drones sélectionnés répondent aux exigences strictes de l'entreprise en matière de compétences techniques, de sécurité et de conformité réglementaire.

Duke Robotics (OTCQB: DUKR) hat die Auswahl der Drohnenpiloten für seine Einsätze in Griechenland abgeschlossen und damit einen wichtigen Meilenstein in seiner europäischen Expansionsstrategie erreicht. Das Unternehmen plant, diesen Sommer seine Isolator-Reinigungsdrohnendienste (IC) in Griechenland zu starten und zielt auf den Markt für die Modernisierung der Energieinfrastruktur des Landes ab.

Diese Entwicklung folgt der Gründung von Duke Robotics Hellas I.K.E. Anfang dieses Jahres und steht im Einklang mit den Modernisierungsinitiativen Griechenlands, die 32 Milliarden US-Dollar an EU-Fördermitteln für energiebezogene Projekte sowie das nationale Ziel umfassen, bis 2030 82 % des Stroms aus erneuerbaren Quellen zu erzeugen. CEO Yossef Balucka betonte, dass die ausgewählten Drohnenpiloten die strengen Anforderungen des Unternehmens hinsichtlich technischer Fähigkeiten, Sicherheitsbilanz und Einhaltung der Vorschriften erfüllen.

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The Company is Now Well Prepaired to Begin Tackling Greece's Multi-Billion Energy Infrastructure Modernization Market

FT. LAUDERDALE, FL, June 30, 2025 (GLOBE NEWSWIRE) -- Duke Robotics Corp. (OTCQB: DUKR) ("Duke Robotics" or the "Company"), a leader in advanced robotics technology and autonomous drone solutions, today announced it has selected drone pilots  to support the deployment and operation of Duke Robotics' activities in Greece, including the innovative Insulator Cleaning Drone (“IC Drone”) technology.

Finalizing the selection process is an important milestone in Duke Robotics' European expansion strategy following the establishment of Duke Robotics Hellas I.K.E. earlier this year and the Company's previously announced evaluation process for drone operators in Greece.

This development comes at an opportune time as Greece continues its infrastructure modernization efforts, with over $32 billion in European Union funding allocated for energy-related projects1 and a national target to generate 82% of electricity from renewable sources by 20302. Duke Robotics is expecting to commence its operations in Greece during this Summer.

"Following our thorough evaluation process announced in April, we are pleased to have selected highly qualified drone pilots that meet our stringent requirements for technical capabilities, safety record, and regulatory compliance," said Yossef Balucka, Chief Executive Officer of Duke Robotics. "This milestone represents a critical step forward in our Greek market entry strategy, enabling us to bring our revolutionary IC Drone technology to Greek utility providers while maintaining the highest standards of operational excellence."


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 drone-mounted remote robotic system that enables carry-on of weaponry, designed to meet the growing demand for tech solutions in modern warfare, and marketed under the brand name “Birds of Prey”. 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 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 in Greece and the broader European market, our ability to commence commercial IC Drone operations, , the market opportunities created by Greece's infrastructure modernization, our expectation to commence operations in Greece in summer 2025. 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 successfully execute the collaboration agreement, 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
North American Equities Desk
DUKE@arxadvisory.com



 

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



FAQ

When will Duke Robotics (DUKR) begin operations in Greece?

Duke Robotics plans to commence its operations in Greece during Summer 2025.

What is the size of the energy infrastructure market opportunity for Duke Robotics in Greece?

The market opportunity includes $32 billion in European Union funding allocated for energy-related projects in Greece.

What is Duke Robotics' (DUKR) main product offering for the Greek market?

Duke Robotics will offer its Insulator Cleaning (IC) Drone technology services to Greek utility providers.

Who will operate Duke Robotics' drones in Greece?

Duke Robotics has selected highly qualified drone pilots who meet their stringent requirements for technical capabilities, safety record, and regulatory compliance.

What is Greece's renewable energy target that Duke Robotics (DUKR) will support?

Greece has set a national target to generate 82% of electricity from renewable sources by 2030.
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