Duke Robotics starts making money from insulator washing services with Israel Electric Corporation

From GlobeNewswire: 2024-11-25 06:00:00

Duke Robotics Corp announces revenue generation from an agreement with the Israel Electric Corporation for high-voltage insulator washing services using the IC Drone. The agreement includes a minimum service utilization commitment from IEC and a guaranteed low seven-figure payment within the first year. Duke Robotics plans to expand its services globally after the successful deployment with IEC. CEO Yossef Balucka is excited about the revenue generation, emphasizing the effectiveness and value of their drone-enabled solutions. This agreement highlights Duke Robotics’ commitment to innovative applications for drone technology in the civilian sector and sustainable utility maintenance solutions.



Read more at GlobeNewswire: Duke Robotics Begins Generating Revenue from its Innovative