UAS Drone Corp. (OTCQB: USDR) is set to undergo a significant transformation, rebranding as DUKE Robotics Corp. and changing its ticker symbol to 'DUKR' effective November 4, 2024. This move is not merely a change of name but a strategic realignment that underscores the company's commitment to its identity as a leader in robotics technology and drone solutions. CEO Yossef Balucka highlighted that this rebranding aligns with the company's vision to broaden the application of its technology across various fields.
The timing of this rebranding coincides with a period of rapid growth in the robotics and drone industry, driven by increasing demand for advanced technological solutions. DUKE Robotics Corp., through its subsidiary Duke Robotics Ltd., has been pioneering in developing systems like TIKAD, an advanced robotic system for remote, real-time, and accurate firing via UAVs, catering to modern warfare needs. Additionally, the company's IC Drone represents a breakthrough in civilian applications, offering a drone-enabled solution for cleaning electric utility insulators, showcasing the versatility of its technology.
This rebranding is poised to enhance DUKE Robotics Corp.'s market positioning and investor appeal by clearly aligning its corporate identity with its operational focus. The company's innovative solutions in advanced stabilization and autonomous systems place it at the forefront of high-growth technology sectors, including artificial intelligence and unmanned aerial systems. For more information, visit https://www.dukeroboticsys.com or the Securities and Exchange Commission's website at https://www.sec.gov.
As the rebranding takes effect, the industry will be keenly observing how DUKE Robotics Corp. leverages its new identity to drive business growth and technological innovation in an increasingly competitive and evolving market.
