After last month's acquisition by UAS Drone Corp (OTC: USDR), Duke Robotics has focused on engaging in a strategic expansion effort mainly in the military drone market
PR Newswire
FORT LAUDERDALE, Fla., July 28, 2020
FORT LAUDERDALE, Fla., July 28, 2020 /PRNewswire/ -- Duke Robotics, a leader in robotics technology and drone solutions, introduces TIKAD, an innovative military UAS octocopter drone with a mounted lightweight firearm and advanced stabilization technology. TIKAD features a lightweight robotic gimbal with the unparalleled ability to carry and stabilize payload recoil up to three times its weight. In addition, TIKAD's gimbal offers real-time, 6 DOF (degrees of freedom), a capability that provides an advantage to U.S. and allied forces in combat.
TIKAD advances military strategy by integrating an aerial support system into combat missions. The UAS drone can engage with troops or lead precision strikes without the need for intrusive action. TIKAD can be used in various military applications including border patrol law enforcement, drone on drone warfare and counter terrorism.
According to a recent report, Fortune Business projects the military drone market to reach $21.76 billion by 2026, at a CAGR of 12.4% during the forecast period. The report says, "Advanced defense technologies, such as artificial intelligence, 3D printing, multi-sensor data fusion for UAV navigation, cloud computing-based services for military UAVs, and technological advancements in drone payloads are expected to support the market growth during the forecast period. mid-air refueling of drone, and anti-UAV defense system are the major upcoming trends in the military drone market."
About Duke Robotics:
UAS Drone Corp. (OTC: USDR) recently acquired Duke Robotics.
Duke Robotics is a forward-thinking company focused on bringing necessary products and solutions to defense sector. Duke Robotics developed TIKAD, an advanced robotic system designed to serve the growing need for tech solutions in the combat field. Duke Robotics' revolutionary stabilization technology enables remote, real-time and accurate firing of lightweight firearms and weaponry via an unmanned aerial platform (UAV). The proprietary and confidential complex kinematic algorithms address the crucial need of modern warfare to carry weapon on remote to bear on remote hostile targets without risk to the military personnel.
We believe that troops can use TIKAD to handle potentially dangerous situations quickly and efficiently from the air. This technology also allows troops to potentially disarm a situation remotely, without ever deploying a ground presence.
For more information about Duke Robotics, please visit www.dukeroboticsys.com or view documents that USDR files with the Securities and Exchange Commission at http://www.sec.gov.
Forward-Looking Statements
This press release contains forward-looking statements. Words such as "future" and other 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 as well as assumptions made by and information currently available to us. Accordingly, our actual results may differ materially from those expressed or implied in such forward-looking statements due to known or unknown risks and uncertainties that exist in our operations and business environment including, but not limited to: the successful integration of acquisitions; significant fluctuations in foreign currency exchange rates; and competition, including 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 Form 10-Ks and Form 10-Qs. We undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.
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SOURCE Duke Robotics
