DUKR

Expanded 2026 Israel Electric Corporation IC Drone Grid-Maintenance Season Commenced; Purchase Order on Track to Generate the Expected More Than $1 Million in Revenue During 2026 New Bird of Prey Order Received Through Elbit Systems, with Deliveries Expected During 2026 Successfully Completed Underwritten Public Offering Generating Approximately $9.2 Million in Gross Proceeds and Uplisting to the Nasdaq Capital Market Defense and Drone-Technology Veteran Yiftach Kleinman Appointed Incoming Chief Executive Officer to Lead Expansion of Defense Business and Commercial Platforms FT. LAUDERDALE, FL, Aug. 13, 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 reported financial results for the second quarter ended June 30, 2026, and provided a corporate update. During the second quarter of 2026, Duke Robotics advanced its commercial and defense platforms in parallel. The Company commenced a materially expanded 2026 Insulator Cleaning Drone (“IC Drone”) grid-maintenance season with the Israel Electric Corporation (“IEC”), deploying additional field crews to service a substantially greater volume of high-voltage insulators under a purchase order expected to generate over a million U.S. dollars in revenue during 2026, and received confirmation from Elbit Systems Land Ltd. ("Elbit") that Elbit has received a new order for the Bird of Prey stabilized weapons drone system, with deliveries expected during 2026. It also initiated integration of its IC Drone system with a larger commercial-grade airframe and is in discussions to extend its IC Drone service to additional international markets beyond Greece. During the quarter, the Company completed its uplisting to the Nasdaq Capital Market, strengthened its balance sheet through an underwritten public offering generating approximately $9.2 million in gross proceeds, and announced the appointment of Yiftach Kleinman as incoming Chief Executive, who will begin his tenure in September. Recent Business Highlights Commencement of Expanded 2026 IEC IC Drone Season. In June 2026, the Company announced the successful commencement of its 2026 insulator-cleaning season with the IEC, Israel’s government-owned electric utility company and largest electricity supplier, on a substantially larger scale than in prior years, servicing a greater volume of high-voltage insulators with an increased number of active field crews using the Company’s second-generation Insulator Cleaning Drone System (“ICDS2”). The expanded operations are being conducted under a purchase order received in March 2026 that is expected to generate revenue of over a million U.S. dollars for Duke Robotics during 2026, representing an increase compared to the Company’s previous service activity with the IEC. New Bird of Prey Order Through Elbit. In June 2026, the Company announced that Elbit had received a new order for the Bird of Prey stabilized weapons drone system, with deliveries expected during 2026. Under the Company’s collaboration arrangement with Elbit, Duke Robotics is entitled to royalties from sales of the system, and the Company expects to recognize royalty revenue associated with these orders in connection with Elbit's delivery of the systems and receipt of the related proceeds, rather than at the time orders are placed or confirmed. Integration of Larger Commercial-Grade IC Drone Airframe. In June 2026, the Company announced that it had initiated integration of its IC Drone system with a larger commercial-grade drone airframe. The integration is designed to provide greater payload capacity, longer flight duration, and increased per-mission productivity, and is intended to support IC Drone operations across larger-scale national electric grids. Appointment of Incoming Chief Executive Officer to Lead Defense Expansion. In June 2026, the Company announced the appointment of Yiftach Kleinman as Chief Executive Officer, effective upon commencement of his employment, which is expected to occur no later than September 8, 2026. Mr. Kleinman brings more than two decades of defense and drone-technology leadership, most recently as Chief Executive Officer of Israeli loitering-munitions innovator SpearUAV Ltd. through its 2025 acquisition by UVision Air Ltd., and previously in senior management, M&A, and business-development roles at Rafael Advanced Defense Systems. Upon effectiveness of his appointment, Mr. Kleinman will succeed Yossef Balucka as Chief Executive Officer. Completed Public Offering and Uplisting to Nasdaq. During the quarter, the Company completed an underwritten public offering for aggregate gross proceeds of approximately $9.2 million and, on May 15, 2026, its common stock and warrants began trading on the Nasdaq Capital Market under the symbols “DUKR” and “DUKRW.” The financing strengthened the Company’s balance sheet and provided additional capital to support the execution of its business plan across its civilian and defense operations. Financial results for the three months ended June 30, 2026 Revenues were $149,000 for the three months ended June 30, 2026, compared to $143,000 for the same period in 2025. The Company expects the substantial majority of the revenue associated with the expanded IEC purchase order, which is expected to generate over a million U.S. dollars of revenue during 2026, to be recognized over the remainder of 2026. Cost of revenues was $91,000, compared to $55,000 for the same period in 2025. Gross profit was $58,000 for the three months ended June 30, 2026, compared to $88,000 for the same period in 2025. The increase in cost of revenues was primarily attributed to an increase in depreciation expenses and operational readiness costs incurred in advance of the 2026 cleaning season. Research and development (R&D) expenses were $32,000 for the three months ended June 30, 2026, compared to $24,000 for the same period in 2025. General and administrative (G&A) expenses were $954,000 for the three months ended June 30, 2026, compared to $314,000 for the same period in 2025. The increase primarily reflects higher share-based compensation associated with stock option grants, increased professional fees related to the Company’s Nasdaq uplisting and public offering (a substantial portion of which were non-recurring), and increased personnel-related costs supporting the Company’s growth initiatives. Operating loss was $928,000 for the three months ended June 30, 2026, compared to an operating loss of $250,000 for the same period in 2025. Financing income, net, was $202,000 for the three months ended June 30, 2026, compared to financing expenses, net, of $9,000 for the same period in 2025, primarily reflecting non-cash changes in the fair value of the Company’s warrant liability, which was remeasured and reclassified to equity in connection with the completion of the Company’s public offering in May 2026. Net loss for the three months ended June 30, 2026, was $726,000, or $(0.26) per share, compared to a net loss of $269,000, or $(0.12) per share, for the same period in 2025. The increase primarily reflects higher general and administrative expenses, including professional fees associated with the Company’s Nasdaq uplisting and public offering (a substantial portion of which were non-recurring) and higher non-cash share-based compensation, partially offset by non-cash financing income related to the revaluation of the Company’s warrant liability. Per share amounts have been retroactively adjusted to reflect the 1-for-25 reverse stock split effected on March 6, 2026. Financial results for the six months ended June 30, 2026 Revenues were $149,000 for the six months ended June 30, 2026, compared to $143,000 for the same period in 2025, with revenues in both periods recognized in the second quarter, consistent with the seasonal nature of the IC Drone service for the IEC. Cost of revenues was $124,000, compared to $63,000 for the same period in 2025. The increase in cost of revenues was primarily attributed to an increase in depreciation expenses and operational readiness costs incurred in advance of the 2026 cleaning season. Research and development (R&D) expenses were $61,000 for the six months ended June 30, 2026, compared to $45,000 for the same period in 2025. General and administrative (G&A) expenses were $1,405,000 for the six months ended June 30, 2026, compared to $573,000 for the same period in 2025, primarily reflecting higher share-based compensation, professional fees related to the Company’s uplisting and public offering (a substantial portion of which were non-recurring), and increased personnel-related costs. Operating loss was $1,441,000 for the six months ended June 30, 2026, compared to an operating loss of $538,000 for the same period in 2025. Financing expenses, net, were $206,000 for the six months ended June 30, 2026, compared to financing expenses, net, of less than $1,000 for the same period in 2025, primarily reflecting non-cash mark-to-market movements on the warrant liability issued in the Company's December 2025 private placement, which was remeasured upward in the first quarter following the March 2026 extension of the warrants' term to May 2031 and subsequently remeasured and reclassified to equity in the second quarter upon completion of the Company's May 2026 underwritten public offering. Net loss for the six months ended June 30, 2026, was $1,647,000, or $(0.65) per share, compared to a net loss of $548,000, or $(0.25) per share, for the same period in 2025. The increase primarily reflects higher general and administrative expenses, including professional fees associated with the Company’s Nasdaq uplisting and public offering (a substantial portion of which were non-recurring) and higher non-cash share-based compensation, together with non-cash changes in the fair value of the Company’s warrant liability. Per share amounts have been retroactively adjusted to reflect the 1-for-25 reverse stock split effected on March 6, 2026. Balance Sheet Highlights Cash and cash equivalents and restricted cash were $6,989,000 as of June 30, 2026, compared to $750,000 as of December 31, 2025, reflecting the net proceeds of the Company’s May 2026 underwritten public offering. As of June 30, 2026, trade receivables totaled $163,000, compared to $41,000 as of December 31, 2025, reflecting billings as the 2026 IC Drone season commenced. The Company believes its cash resources, together with projected receipts from existing commercial agreements, are sufficient to support operations into 2028. About Duke RoboticsDuke 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 StatementsThis 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 expected timing and amount of revenue from the expanded IEC purchase order, including our expectation that it will generate over a million U.S. dollars of revenue during 2026 and that the substantial majority of such revenue will be recognized over the remainder of the year; the continued execution of the 2026 IC Drone grid-maintenance season and the potential for further expansion of services with the IEC; the Company’s discussions regarding potential expansion of its IC Drone service to additional international markets, and the outcome and timing of any such opportunities; the integration of its IC Drone system with a larger commercial-grade drone airframe and its intended capabilities, including greater payload capacity, longer flight duration, increased per-mission productivity, and support for operations across larger-scale national electric grids; the expected timing of deliveries under the new Bird of Prey order received through Elbit and the conditions governing the Company’s recognition of related royalty revenue, which depends on Elbit’s delivery of the systems and collection of the related proceeds; the anticipated timing of Mr. Kleinman’s commencement of employment; and the intended use and anticipated benefits of the net proceeds from the Company’s completed underwritten public offering and listing on the Nasdaq Capital Market, including the sufficiency of the Company’s cash resources to support operations 2028. 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 integration of new leadership, the successful market adoption of our technologies, the continued development and refinement of our technology, our ability to effectively collaborate with Elbit Systems, fluctuations in foreign currency exchange rates, operational challenges associated with marketing activities in new markets, economic conditions that may affect defense spending and infrastructure investment, geopolitical factors that could impact business operations, regulatory challenges in various 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, 2025, 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, [email protected] Investor Relations Contact:Arx Investor RelationsNorth American Equities [email protected] DUKE ROBOTICS CORP.CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)(USD in thousands, except share and per share data) (*) Represents an amount less than $1 thousand. DUKE ROBOTICS CORP.CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS (UNAUDITED)(USD in thousands, except share and per share data) (*) Represents an amount less than $1 thousand.All share and per share amounts have been retroactively adjusted to reflect the 1-for-25 reverse stock split effected on March 6, 2026.

Expansion of Israel Electric Corporation IC Drone Contract Expected to Generate Over $1 Million in 2026 Revenue Launch of AEROTRACE™ AI-Powered Aerial Intelligence Platform; Bird of Prey Defense Drone Collaboration with Elbit Continues to Advance as Global Defense Spending on Drone Tech Rises Subsequent to Quarter End, Company Completed Approximately $9.2 Million Underwritten Public Offering and Uplisting on the Nasdaq Capital Market FT. LAUDERDALE, FL, May 20, 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 reported financial results for the first quarter ended March 31, 2026, and provided a corporate update. Yossef Balucka, Chief Executive Officer of Duke Robotics, commented: “The first quarter of 2026 positioned Duke Robotics at what we believe is a clear inflection point for the Company. We now have three commercially validated platforms: our Insulator Cleaning (“IC”) Drone service for high-voltage utility insulators, our AEROTRACE™ AI-powered aerial intelligence solution, and the Bird of Prey stabilized weapons drone system, marketed by Elbit Systems Land Ltd. (“Elbit”). During the quarter we expanded our commercial relationship with the Israel Electric Corporation (“IEC”), with a new purchase order which is expected to generate over a million U.S. dollars of revenue for Duke Robotics during 2026. Subsequent to the end of the quarter, we completed our underwritten public offering and uplisted to the Nasdaq Capital Market, which we believe provides the Company with the capital base required to accelerate our business plan.” Recent Business Highlights Launch of AEROTRACE™: AI-Powered Aerial Intelligence Platform. In February 2026, the Company launched AEROTRACE, an AI-powered aerial monitoring and intelligence solution for infrastructure operators. AEROTRACE is designed to support utilities and industrial operators in identifying asset conditions, prioritizing maintenance activities, and improving decision-making. The Company believes AEROTRACE represents a potentially low-friction commercial entry point with utility customers; it can be sold independently of the IC Drone system or together with it, and is designed to support a shift in utility maintenance practices from reactive to proactive, condition-based servicing. AEROTRACE is intended to generate a recurring, software-style revenue stream that the Company believes can complement its IC Drone service business. Expansion of IEC Contract: Expected to Generate Over $1 Million in Revenue During 2026. In March 2026, the Company received a new purchase order from the IEC, Israel’s governmental and largest electricity supplier, expanding the scope of the IC Drone services provided by the Company for the cleaning and maintenance of high-voltage transmission infrastructure. The new order extends the existing agreement and increases the scale of services performed using the Company’s IC Drone system. The purchase order is expected to generate revenue of over a million U.S. dollars for Duke Robotics during 2026, representing an increase compared to the Company’s previous service activity with IEC. Greek Market. In January 2026, Duke Robotics, through its wholly owned Greek subsidiary Duke Robotics Hellas, received operational authorization from the Hellenic Civil Aviation Authority for IC Drone operations in Greece. Strategic Financing and Subsequent Uplisting to Nasdaq. Subsequent to the end of the quarter, the Company completed an underwritten public offering for gross proceeds of approximately $9.2 million and listed its common stock and warrants on the Nasdaq Capital Market under the symbols “DUKR” and “DUKRW.” The Company believes the financing provides significant funding to execute on commercial opportunities and accelerate its business plan with respect to both its civilian and defense business lines. Defense Segment: Bird of Prey Battle-Tested and Active Co-Marketing with Elbit. Through its collaboration with Elbit, the Bird of Prey stabilized weapons drone system has been confirmed in operational use by the Israel Defense Forces, with the system featured in August 2025 in an Israeli in-depth news report on advanced weaponized drone combat capabilities. The Company believes the confirmed operational deployment by the IDF provides important market validation in defense markets and positions the Bird of Prey for further international interest. The Company has previously reported initial royalty revenues from sales of the Bird of Prey system. The Company has active business development efforts across several geographies in coordination with Elbit under the parties’ co-marketing arrangement, against a backdrop of accelerating global interest in drone-based combat systems amid recent conflicts in the Middle East and Ukraine. U.S. Market Readiness Activities. As previously disclosed in December 2025, Duke Robotics is working to identify and evaluate NDAA-compliant drone systems and certified U.S. drone operators as potential platforms for its IC Drone technology. Financial results for three months ended March 31, 2026 Revenues: The Company did not record revenues for the three months ended March 31, 2026, consistent with the same period in 2025, reflecting the seasonal nature of the IC Drone service for the IEC, the cleaning season for which typically commences in the second quarter of each year. Cost of revenues for the period was $33,000, compared to $8,000 for the same period in 2025, primarily reflecting infrastructure and operational readiness costs in advance of the 2026 cleaning season. Research and development (R&D) expenses were $29,000 for the three months ended March 31, 2026, compared to $22,000 for the same period in 2025. General and administrative (G&A) expenses were $451,000 for the three months ended March 31, 2026, compared to $258,000 for the same period in 2025. The increase primarily reflects higher share-based compensation associated with stock option grants made during the quarter, increased professional fees related to the Company’s uplisting preparation, and increased personnel-related costs supporting the Company’s growth initiatives. Operating loss was $513,000 for the three months ended March 31, 2026, compared to an operating loss of $288,000 for the same period in 2025. Financing expenses, net, were $408,000 for the three months ended March 31, 2026, compared to financing income, net, of $9,000 for the same period in 2025, primarily reflecting non-cash changes in the fair value of the Company’s warrant liability. Net loss for the three months ended March 31, 2026, was $921,000, or $(0.41) per share, compared to a net loss of $279,000, or $(0.13) per share, for the same period in 2025. Per share amounts have been retroactively adjusted to reflect the 25-for-1 reverse stock split effected on March 6, 2026. Balance Sheet HighlightsCash and cash equivalents and restricted cash were $510,000 as of March 31, 2026, compared to $750,000 as of December 31, 2025. As of March 31, 2026, trade receivables totaled $16,000. Subsequent to quarter end, on May 18, 2026, the Company completed an underwritten public offering for gross proceeds of approximately $9.2 million. Following the offering, the Company believes its cash resources, together with projected receipts from existing commercial agreements, are sufficient to support operations well into the second half of 2027. Updated Corporate PresentationThe Company has posted an updated corporate presentation, which is available in the Investors section of its website at https://dukeroboticsys.com/investors. About Duke RoboticsDuke 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 StatementsThis 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 anticipated benefits of the Company’s recently completed underwritten public offering and listing on the Nasdaq Capital Market; the use of net proceeds from the offering and the sufficiency of the Company’s cash resources to support operations well into the second half of 2027; the anticipated revenue from the expanded purchase order received from the IEC expected during 2026; the potential for further expansion of services with the IEC and the Company’s belief regarding the share of Israel’s high-voltage insulators covered by the expanded scope; the anticipated commercial deployment and revenue model of AEROTRACE™, including its potential as a recurring software-style revenue stream and its potential to support a shift from reactive to proactive maintenance; and the Company’s belief that 2026 represents a potential commercial inflection point. 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 our technologies, the continued development and refinement of our technology, our ability to effectively collaborate with Elbit Systems, fluctuations in foreign currency exchange rates, operational challenges associated with marketing activities in new markets, economic conditions that may affect defense spending and infrastructure investment, geopolitical factors that could impact business operations, regulatory challenges in various 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, 2025, 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, [email protected] Investor Relations Contact:Arx Investor RelationsNorth American Equities [email protected] DUKE ROBOTICS CORP.CONDENSED CONSOLIDATED BALANCE SHEETS(UNAUDITED)(USD in thousands, except share and per share data) (*) Represents an amount less than $1 thousand. DUKE ROBOTICS CORP.CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS(UNAUDITED)(USD in thousands, except share and per share data) (*) Represents an amount less than $1 thousand.All share and per share amounts have been retroactively adjusted to reflect the 1-for-25 reverse stock split effected on March 6, 2026.

Strong Quarter Highlighted by Advancing the Company’s International Expansion Strategy FT. LAUDERDALE, FL, Nov. 17, 2025 (GLOBE NEWSWIRE) -- Duke Robotics Corp. (OTCQB: DUKR) ("Duke Robotics" or the "Company"), a leader in advanced robotics technology and autonomous drone solutions, today reported financial results for the third quarter ended September 30, 2025, and provided a corporate update. Yossef Balucka, Chief Executive Officer of Duke Robotics, commented: “The third quarter of 2025 marked meaningful progress in advancing our international expansion strategy. We strengthened our operations in Greece and achieved significant milestones across our defense and civilian business lines. On the defense and civilian fronts, we’re encouraged by growing government focus on drone technologies worldwide, highlighted by President Trump’s recent executive order promoting the advancement of both commercial and defense applications of autonomous systems, as well as the U.S. Army’s stated goal to procure at least one million drones over the coming years1. We also confirmed initial royalty revenues under our collaboration agreement with Elbit Systems Land Ltd. (“Elbit”). Together with a successful 2025 IC Drone operations season with the Israel Electric Corporation (“IEC”), we believe that these developments position Duke Robotics for meaningful growth as we expand across both defense and civilian markets.” Recent Business Highlights Our Company successfully completed the 2025 seasonal operations for its IC Drone service with the IEC, which remains a key source of recurring revenue and a foundation for expansion across Europe through its subsidiary, Duke Robotics Hellas. Notably, just prior to the third quarter of 2025 the Company completed its selection of drone pilot operators for the Greek market. Throughout the third quarter of 2025, the Company focused on advancing its commercial expansion strategy, with significant progress achieved toward new partnerships and deployment opportunities. These efforts represent a key milestone in executing Duke Robotics’ global growth strategy. In July 2025, the Company announced it had received its first confirmation of royalty revenues through its collaboration with Elbit from initial sales of the “Bird of Prey” stabilized weapons drone system. The “Bird of Prey” system was featured in the media (Israel’s Channel 14 News) in August 2025 as part of an in-depth report highlighting the Israel Defense Forces’ (“IDF”) advanced weaponized drone combat capabilities, underscoring the system’s operational deployment and growing visibility. Financial results for three months ended September 30, 2025 Revenue for the three months ended September 30, 2025, was $216,000, compared to $72,000 for the same period in 2024. The increase reflects the expansion of commercial IC Drone service operations for the IEC following the launch of the full cleaning season in May 2025. Gross profit for the three months ended September 30, 2025 was $123,000, compared to $31,000 in the same period of 2024. The increase was driven by improved operational scale and efficiency. Research and development (R&D) expenses were $34,000 for the three months ended September 30, 2025, compared to $20,000 for the three months ended September 30, 2024.The increase primarily reflects ongoing investment in our advanced technologies. General and administrative (G&A) expenses were $302,000 for the three months ended September 30, 2025, compared to $229,000 in the same period of 2024. The increase primarily reflects increased personnel and share-based compensation associated with growth initiatives. Operating loss was $213,000 for the three months ended September 30, 2025, compared to $218,000 for the same period in 2024, representing a 2% improvement year-over-year as the Company benefits from operating leverage. Net loss for the three months ended September 30, 2025 was $230,000, or $(0.00) per share, compared to a net loss of $211,000, or $(0.00) per share, in Q3 2024. Financial results for nine months ended September 30, 2025 Revenue for the nine months ended September 30, 2025, was $359,000, compared to $72,000 in the same period of 2024. The significant year-over-year increase is primarily attributable to the scaling of the Company’s commercial IC Drone service operations for the IEC. Gross profit for the nine-month period was $203,000, compared to $31,000 for the same period of 2024, driven by higher revenues and improved margins from scaled operations. R&D expenses for the nine months ended September 30, 2025, were $79,000, compared to $137,000 in the same nine-month period of 2024. The decrease reflects transition toward allocating more resources to the execution of our IC Drone insulator service activities. G&A expenses for the nine-month period were $875,000, compared to $636,000 for the same period of 2024, primarily due to increased personnel and share-based compensation associated with growth initiatives and corporate expansion. Operating loss for the nine months ended September 30, 2025, was $751,000, compared to $742,000 in the corresponding period of 2024, reflecting modestly higher overhead to support expanded operations. Net loss for the nine-month period was $778,000, or $(0.01) per share, compared to a net loss of $698,000, or $(0.01) per share, in the same period of 2024. Balance Sheet Highlights Cash and cash equivalents were $361,000 as of September 30, 2025, compared to $1.26 million as of December 31, 2024, primarily reflecting ongoing investments and operating cash use during the period. As of September 30, 2025, trade receivables totaled $236,000, primarily from the IEC. The Company believes its current cash resources and projected receipts are sufficient to support operations through the second quarter of 2026. About Duke Robotics Duke Robotics Corp (OTCQB: DUKR) 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 and monitoring highvoltage electric utility insulators. Leveraging Duke’s technologies, the IC Drone provides a safer, more efficient, and cost-effective alternative methods. 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 forwardlooking 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 expected future government focus on drone technologies worldwide; future Company growth, the Company’s expansion across both defense and civilian markets as well as its expansion across Europe and its global strategy. 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 our technologies, the continued development and refinement of our technology, our ability to effectively collaborate with Elbit Systems, fluctuations in foreign currency exchange rates, operational challenges associated with marketing activities in new markets, economic conditions that may affect defense spending and infrastructure investment, geopolitical factors that could impact business operations, regulatory challenges in various 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 [email protected] Investor Relations Contact: Arx Investor Relations North American Equities Desk [email protected] 1 https://www.whitehouse.gov/presidential-actions/2025/06/unleashing-american-drone-dominance/ , https://www.reuters.com/business/aerospace-defense/us-army-buy-1-million-drones-major-acquisition-ramp-up-2025-11-07/