Duke Robotics raises $9.2M in Nasdaq IPO, launches AI monitoring product AEROTRACE

Filed May 20, 2026 · Period ending March 31, 2026 · Compared to 10-Q May 14, 2025 · ~1 min read

Key Changes

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  Completed May 2026 Nasdaq IPO raising $9.2M gross proceeds and uplisting from OTCQB to Nasdaq Capital Market under ticker DUKR, substantially improving liquidity after cash declined to $475K at quarter-end.

  MD&A: May 2026 Nasdaq IPO verify on EDGAR →
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  Launched AEROTRACE in February 2026, an AI-driven aerial monitoring platform for infrastructure operators, expanding beyond robotic hardware into software analytics and opening new revenue streams.

  MD&A: AEROTRACE product launch verify on EDGAR →
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  Q1 2026 net loss increased to $921K from $279K prior year, driven primarily by $408K warrant liability modification expense and 75% higher G&A costs from strategic consulting and stock compensation ahead of IPO.

  MD&A: Net loss increase verify on EDGAR →