Duke Robotics Q1 net loss $921k; raises $9.2M, uplists to Nasdaq; IEC contract to generate >$1M in 2026

DUKE Robotics Corp.

Q1 2026 net loss $921k ($0.41 per share) vs $279k ($0.13) YoY; no revenue, cleaning season begins Q2.
Post-quarter, completed ~$9.2M underwritten public offering and uplisted to Nasdaq Capital Market.
IEC IC Drone contract expanded; expected to generate over $1M revenue in 2026.
Launched AEROTRACE AI aerial intelligence platform; Bird of Prey drone in operational use by IDF.
Cash $510k at March 31; offering proceeds expected to fund operations into H2 2027.

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