DUKE Robotics (DUKR) Registration filing summary

Company overview and business model

• Develops advanced robotic and drone-based systems for military and civilian applications, including stabilization technology for remote, real-time, pinpoint-accurate firing and infrastructure maintenance drones.

• Entered collaborations with Elbit Systems for global marketing and sales of weaponized drone systems, expanding to broader defense and security markets.

• Provides insulator cleaning drone services to Israel Electric Corporation, with expanded agreements and next-generation product launches (ICDS2) enhancing operational scale and technology.

• Introduced AEROTRACE™, an aerial monitoring and intelligence solution integrating AI-driven analytics for infrastructure assessment.

• Established subsidiaries in Israel and Greece, with regulatory approvals enabling European operations.

Financial performance and metrics

• Audit report notes significant losses, negative cash flows from operations, and accumulated deficit, raising substantial doubt about ability to continue as a going concern.

• As of June 30, 2026, 3,407,978 common shares outstanding; no preferred shares issued.

• Recent public offering in May 2026 raised approximately $9.2 million in gross proceeds.

Use of proceeds and capital allocation

• Net proceeds intended for research and development, potential acquisitions, sales force expansion, marketing, business development, and general working capital.

• May use proceeds for repurchasing or acquiring outstanding equity securities if opportunities arise.

• Pending use, proceeds will be invested in bank deposits or investment-grade securities.