Develops stabilized weapons drones for defense and homeland-security customers, insulator-cleaning drones for electric utilities, and aerial monitoring tools for infrastructure operators.
10-K for FY2025, filed Mar 12, 2026We are a robotics company developing advanced robotic and drone-based systems. Our technologies include an advanced robotic stabilization…View ↗
Our business activities are focused on stabilized robotic systems for defense and homeland security applications and civilian drone-based…View ↗
In February 2026, we introduced AEROTRACE™, an aerial monitoring and intelligence solution designed to support infrastructure operators in…View ↗
Utility customers pay for IC Drone cleaning services under service agreements, while Elbit system sales generate royalties for Duke tied to revenue Elbit receives from worldwide sales.
10-K for FY2025, filed Mar 12, 2026In August 2024, we entered into a new commercial agreement with the IEC for insulator cleaning services using the IC Drone. On November 11…View ↗
On November 25, 2024, we announced initial revenue generation under the August 2024 IEC agreement. The IEC committed to a minimum…View ↗
On January 29, 2021, we, through Duke Israel, and Elbit entered in the Collaboration Agreement. Pursuant to the Collaboration Agreement…View ↗
$377K
10-K for FY2025, filed Mar 12, 2026
$377K ↗
Electric utilities buy IC Drone cleaning services directly under agreements; defense and homeland-security customers are reached through Elbit, which markets and sells the stabilized weapons system. Civilian sales efforts also use service providers and agents.
10-K for FY2025, filed Mar 12, 2026In August 2024, we entered into a new commercial agreement with the IEC for insulator cleaning services using the IC Drone. On November 11…View ↗
On April 2, 2025, we and Elbit executed a Supplement Letter expanding the collaboration to allow us to market the stabilized weapons drone…View ↗
Marketing and sales efforts related to the System are led by Elbit due to our Collaboration Agreement with Elbit, and we are aware that…View ↗
Marketing and sales efforts are currently concentrated on the IC Drone as well as other potential applications of the Company’s…View ↗
No. It lost $1.2M in FY2025.
10-K for FY2025, filed Mar 12, 2026
−$1.2MView ↗
10-K for FY2025, filed Mar 12, 2026
−$1.2MView ↗
10-K for FY2025, filed Mar 12, 2026
−$1MView ↗
10-Q for Q2 FY2026, filed Aug 13, 2026
−$726KView ↗
8-K, filed Aug 13, 2026
Appointment of Incoming Chief Executive Officer to Lead Defense Expansion. In June 2026, the Company announced the appointment of Yiftach…View ↗
Shrinking. Revenue fell 25% in 4 years, from $500K in FY2021 to $377K in FY2025, about 7% a year.
Utility service work
The older report describes an agreement to provide drone-enabled insulator-cleaning systems; the latest report describes commercial cleaning services using the IC Drone.
10-K for FY2022, filed Mar 24, 2023 10-K for FY2025, filed Mar 12, 2026On August 15, 2022, we announced that Duke Israel, introduced the IC Drone, a drone technology for conducting routine maintenance of…View ↗
In August 2024, we entered into a new commercial agreement with the IEC for insulator cleaning services using the IC Drone. On November 11…View ↗
Duke's defense marketing role
The older report describes Elbit's exclusive license to market and sell TIKAD; the latest report also allows Duke to market the weapons system to defense customers in coordination with Elbit.
10-K for FY2022, filed Mar 24, 2023 10-K for FY2025, filed Mar 12, 2026On January 29, 2021 we, through Duke Israel, and Elbit entered in the Collaboration Agreement. Pursuant to the Collaboration Agreement…View ↗
On April 2, 2025, we and Elbit executed a Supplement Letter expanding the collaboration to allow us to market the stabilized weapons drone…View ↗
Aerial monitoring analytics
The older report describes civilian infrastructure-maintenance uses for the robotics system; the latest report adds AEROTRACE, combining aerial data capture with software-driven analytics for infrastructure operators.
10-K for FY2022, filed Mar 24, 2023 10-K for FY2025, filed Mar 12, 2026Our lightweight robot can also be used for civilian purposes and bring solutions that do not yet exist for different tasks that require…View ↗
In February 2026, we introduced AEROTRACE™, an aerial monitoring and intelligence solution designed to support infrastructure operators in…View ↗
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