GlobeNewswire·Nov 10, 2026, 8:00 AM ET

Duke Robotics Announces Expansion of IC Drone Platform into Greece Through Strategic Collaboration with CRONOS

Duke Robotics Corp. (Nasdaq: DUKR) signed a strategic collaboration agreement with CRONOS Security EPE & Cronos Security Services AE to commercialize its Insulator Cleaning (IC) Drone technology in Greece.
The partnership grants CRONOS exclusive rights to operate & market the IC Drone across Greece's critical infrastructure & energy sectors.
CRONOS will provide local presence, business development, & project management, while Duke Robotics supplies proprietary technology, specifications, & training.
The parties plan to jointly pursue public & private tenders for grid maintenance services, leveraging Duke Robotics' operational authorization from the Hellenic Civil Aviation Authority.
Both companies have identified specific large-scale projects in Greece with significant near-term revenue potential.
The agreement has an initial three-year term with a profit-sharing model where Duke Robotics receives the majority share.
CEO Yiftach Kleinman stated the deal is a key milestone in Duke Robotics' international expansion strategy into the Greek electricity market.
CRONOS serves major Greek utilities including the Public Power Corporation (PPC) & offers its own Cronos Eye surveillance platform.