The launch of Duke Robotics Hellas strengthens the company’s global footprint, bringing innovative IC Drone solutions to Greece’s evolving infrastructure and utility maintenance sectors.
Duke Robotics Corp. a leader in advanced robotics technology and autonomous drone solutions, announced that, further to its prior announcement from January 14, 2024, the Company has established “Duke Robotics Hellas I.K.E.” (“Duke Robotics Greece”), a wholly owned subsidiary in Greece. This initiative represents a strategic step forward in the Company’s commitment to expanding its operations within the civilian sector.
Duke Robotics Greece will serve as a platform for promoting and deploying the Company’s innovative IC Drone technology, as well as other potential applications of the Company’s technologies and capabilities in the Greek market. The subsidiary will enhance the Company’s ability to address the needs of the Greek market and aims to capitalize on Greece’s dynamic infrastructure development, which prioritizes sustainable and efficient solutions for utility maintenance.
Greece has emerged as a strategic market for technology and infrastructure solutions. The country has received over $32 billion in European Union funding to support energy-related projects, including modernization of its electricity systems and interconnectors1. Furthermore, Greece is targeting 82% electricity generation from renewable energy by 20302, highlighting the importance the country places on efficient sustainable technologies like Duke Robotics’ IC Drone.
Yossef Balucka, Chief Executive Officer of Duke Robotics, commented, “The establishment of Duke Robotics Hellas underscores our dedication to broadening our global footprint. Greece presents a promising market with significant opportunities for our IC Drone technology to transform utility maintenance operations. By setting up a localized presence, we aim to better position ourselves to penetrate this growing market and create value for both our customers and stakeholders.”
The IC Drone, developed by Duke Robotics, has already demonstrated its capabilities through successful deployments with the Israel Electric Corporation, offering a safer, cost-effective, and environmentally sustainable alternative to traditional methods for high-voltage insulator maintenance.