UAS Drone Corp. Advancing Commercial Activity Following Successful Pilot Completion for IC Drone with IEC
The company is working to expand its services globally following the successful pilot with IEC which demonstrated efficiency and safety.
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Yossef Balucka, Chief Executive Officer of the Company, commented: "Our advancement towards commercial activity marks an important milestone for the Company. As shown by the successful completion of the pilot program with the IEC, our innovative solutions not only enhance safety and efficiency but also promote environmental sustainability by reducing water usage. We are excited about the business potential embodied in our technology and believe it will significantly benefit electrical utility companies around the globe."
The Company’s IC Drone, first announced in
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This press release contains forward-looking statements. Words such as "future" and 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, assumptions, and information currently available to us. For example, we are using forward-looking statements when we discuss the expansion of our services globally and our plans to offer insulation maintenance and washing services to electrical companies worldwide, either independently or in collaboration with strategic partners, our advancement towards commercial activity, the business potential embodied in our technology. Our actual results may differ materially from those expressed or implied due to known or unknown risks and uncertainties. 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; the continued development of our products; the ability for Elbit to terminate the Agreement, or cease funding certain the development the TIKAD or the marketing, sales and production of the TIKAD, at its discretion; 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
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Investor Contact:
Yossef Balucka, CEO
Email: invest@dukeroboticsys.com
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