Fort Lauderdale, FL, March 11, 2026 (GLOBE NEWSWIRE) -- Duke Robotics Corp. (OTCQB: DUKRD) ("Duke", "Duke Robotics" or the "Company"), a leader in advanced robotics and drone-based solutions for civilian and defense markets, today announced the appointment of Mr. Yehoshua Abramovich and Mr. Ran Ben Yehuda to the Company's Advisory Board.
"We are pleased to welcome Mr. Abramovich and Mr. Ben Yehuda to Duke Robotics' Advisory Board," said Yossef Balucka, Chief Executive Officer of Duke Robotics. "We believe their combined experience will be a strong addition to our Company. Mr. Abramovich brings decades of leadership across Israel's capital markets, public company governance, and financial strategy, while Mr. Ben Yehuda contributes extensive operational and executive leadership in defense, maritime, and mission critical environments."
Mr. Abramovich held key positions in the Israeli capital markets for more than 25 years. He currently serves as a member and independent director on the boards of several public companies and previously served on the board of directors of the Tel Aviv Stock Exchange until 2008. He held leadership positions in prominent investment and brokerage firms, including serving as Chief Executive Officer of Clal Finance, and held senior roles within the Clal group, including Deputy Chief Executive Officer of Clal Insurance Enterprises Holdings.
Mr. Ben Yehuda served for 30 years in the Israeli Navy and holds the rank of retired (Rear) Admiral. Following his retirement from active duty, he served as Vice President for Customer Operations at a Motorola-owned mobile cellular company. He later joined the executive team of ZIM, a global shipping and maritime company, where he held senior leadership roles, including Business Unit Manager and Senior Vice President. Mr. Ben Yehuda brings extensive experience in defense technology, operational leadership, and working with mission critical organizations.
As members of the Advisory Board, Mr. Abramovich and Mr. Ben Yehuda will support management on strategic priorities and business development activities across Duke's infrastructure and defense focused initiatives.
About Duke Robotics
Duke Robotics Corp. (OTCQB: DUKRD) 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. 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 expected contributions of Mr. Abramovich and Mr. Ben Yehuda as members of our Advisory Board and the anticipated impact of their guidance on our Company. 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
invest@dukeroboticsys.com
Capital Markets & IR:
Arx Investor Relations
North American Equities Desk
duke@arxhq.com
