Duke Robotics Successfully Commences Deployment of Expanded 2026 IC Drone Grid Maintenance Operations with Israel Electric Corporation
Rhea-AI Summary
Duke Robotics (Nasdaq: DUKR) began its expanded 2026 insulator cleaning drone operations with Israel Electric Corporation under a previously disclosed enlarged service agreement. This is the largest commercial deployment of the IC Drone platform so far, using the second-generation ICDS2 system.
The expanded IEC purchase order is expected to generate over $1 million in 2026 revenue, supporting Duke Robotics’ move toward recurring, scaled service revenue from utility customers and aligning its IC Drone and AEROTRACE tools with global grid modernization initiatives.
AI-generated analysis. Not financial advice.
Positive
- Expanded IEC purchase order expected to generate over $1 million in 2026 revenue
- Largest commercial deployment to date of the IC Drone platform
- Broader 2026 operational footprint with more insulators serviced and more field crews
- Deployment uses second-generation ICDS2 with extended flight time and higher payload
- Activities support transition toward recurring, scaled service revenue from utility customers
Negative
- None.
News Market Reaction – DUKR
On the day this news was published, DUKR declined 1.43%, reflecting a mild negative market reaction. Argus tracked a trough of -13.4% from its starting point during tracking. Our momentum scanner triggered 4 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $358K from the company's valuation, bringing the market cap to $24.71M at that time.
Data tracked by StockTitan Argus on the day of publication.
Largest Commercial Deployment of the IC Drone Platform to Date; Expanded Operational Scope is Expected to Support Previously Reported Path to Over
The Company believes the IC Drone and its recently launched AEROTRACE™ are well-aligned with a growing global focus on grid modernization, infrastructure reliability, and the use of robotics and AI-enabled tools in high-voltage utility maintenance
Fort Lauderdale, FL, June 02, 2026 (GLOBE NEWSWIRE) -- Duke Robotics Corp. (Nasdaq: DUKR; DUKRW) (“Duke Robotics” or the “Company”), a leader in advanced robotics and drone-based solutions for civilian and defense markets, today announced the successful commencement of its 2026 insulator cleaning drone (the “IC Drone”) season with the Israel Electric Corporation ("IEC"), Israel's State owned and largest electricity supplier, under the expanded service agreement previously disclosed in March 2026.
The 2026 cleaning season is being executed with a materially broader operational footprint than any prior season, encompassing a substantially larger volume of high-voltage insulators serviced and an increased number of active field crews deploying the Company's second-generation Insulator Cleaning Drone System (“ICDS2”). The expanded engagement reflects the IEC's continued scaling of the role the IC Drone plays within its high-voltage transmission maintenance program and represents the largest commercial deployment of Duke Robotics' IC Drone platform to date.
The Company previously disclosed that the expanded IEC purchase order is expected to generate over
"We believe that the launch of our 2026 cleaning season with the IEC is an important operational and commercial milestone for us," said Yossef Balucka, Chief Executive Officer of Duke Robotics. "We have moved from initial commercial operations into a meaningfully larger service deployment in our home market - more high-voltage insulators serviced, more field crews, and what we believe provides increased visibility toward our previously stated 2026 revenue expectations from this contract alone. As our first major operational milestone since uplisting to the Nasdaq Capital Market, we believe that this season also demonstrates our ability to execute at greater scale, which we believe positions us well, as we work to deploy our technologies to larger national grids in new geographies."
The 2026 season is being conducted using the ICDS2, the Company's second-generation IC Drone platform, which offers extended flight time, increased payload capacity, enhanced stabilization, advanced radar capabilities, and improved cleaning durability versus the first-generation system. ICDS2 has been engineered to support operations at greater scale across more complex grid topologies, which the Company believes may position it to pursue opportunities in utility infrastructure markets significantly larger than Israel's.
The Company believes the IC Drone and its recently launched AEROTRACE™ are well-aligned with a growing global focus on grid modernization, infrastructure reliability, and the use of robotics and AI-enabled tools in high-voltage utility maintenance. For example, on March 12, 2026, the U.S. Department of Energy announced an approximately
About Duke Robotics
Duke Robotics Corp. (Nasdaq: DUKR; DUKRW) develops advanced stabilization and autonomous robotic drone systems for both civilian and defense markets. The Company’s Insulator Cleaning Drone (IC Drone) is a first-of-its-kind, drone-enabled system for cleaning and monitoring high-voltage electric utility insulators. Leveraging Duke’s technologies, the IC Drone provides a safer, more efficient, and cost-effective alternative method. AEROTRACE™ is the Company’s AI-powered aerial monitoring and intelligence platform for infrastructure operators, designed to deliver actionable insights for asset assessment and proactive maintenance. In defense, through a collaboration agreement with Elbit Systems Land Ltd. (“Elbit”), the Bird of Prey weapons drone system is an agile, fully stabilized remote weapon system designed for non-line-of-sight and stand-off engagements, marketed by Elbit under the brand name Bird of Prey (formerly known as TIKAD). For additional Company information, please visit https://dukeroboticsys.com and follow us on Twitter (X) and LinkedIn.
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 the successful commencement of the 2026 insulator cleaning season with the IEC at the expanded operational scope, the anticipated generation of over
Company Contact:
Duke Robotics Corp.
Yossef Balucka, CEO
invest@dukeroboticsys.com
Investor Relations Contact:
Arx Investor Relations
North American Equities Desk
duke@arxhq.com
1 Sources: U.S. Department of Energy, "Energy Department Announces
