some news out, $USDR working on something big soun
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https://backend.otcmarkets.com/otcapi/company...58/content
UAS Drone Corp. looks Ahead to 2021
UAS Drone Corp. (OTCQB: USDR), a leader in robotics technology and drone solutions, is pleased to
provide a recap of 2020 and outlook for 2021 to its shareholders.
While the global economies have been hit hard due to COVID-19, our work and the belief that the need
for our technologies continues to grow. The global military robotics market surpassed $17 billion in
2018 and is expected to soar over $50 billion by 2027. We believe that UAS Drone Corp., through its
subsidiary Duke Robotics, Inc., is at the forefront of the global military robotics market with its
TIKAD system.
A quick recap of our 2020 highlights:
• In June 2020, UAS Drone Corp. completed the acquisition of Duke Robotics Inc., a forwardthinking company focused on the global military robotics market.
• Duke Robotics created the TIKAD, an Unmanned Aerial Solution (UAS) armed with
lightweight firearms that has the ability to protect ground troops on the front-lines. TIKAD is
integrated with Recoil Absorbing Mechanism Aim-Stabilization Technology, allowing for
precise rapid fire using a variety of weapons, while also supporting other payloads including
communication relay systems. More details are available here: https://dukeroboticsys.com/
• Marketing approvals in more than 50 countries defense departments including the United
States.
• Completion of up-listing to the OTCQB tier on Oct 22, 2020.
In 2021, we hope to announce material developments and expansions of our global business and sales
of our TIKAD product.
About Duke Robotics:
In June 2020, UAS Drone Corp. (OTCQB: USDR) completed the acquisition of Duke Robotics Inc.
Duke Robotics is a forward-thinking company focused on bringing necessary products and solutions to
the defense sector. Duke Robotics developed TIKAD, an advanced robotic system designed to serve the
growing need for tech solutions in the combat field. Duke Robotics' revolutionary stabilization
technology enables remote, real-time and accurate firing of lightweight firearms and weaponry via an
unmanned aerial platform (UAV). The proprietary and confidential complex kinematic algorithms
address the crucial need of modern warfare to carry weapon on remote to bear on remote hostile targets
without risk to the military personnel.
We believe that troops can use TIKAD to handle potentially dangerous situations quickly and
efficiently from the air. This technology also allows troops to potentially disarm a situation remotely,
without ever deploying a ground presence.
For more information about Duke Robotics, please visit www.dukeroboticsys.com or view documents
that USDR files with the Securities and Exchange Commission at http://www.sec.gov.
Forward-Looking Statements
This press release contains forward-looking statements. Words such as "future" and other 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 as well as assumptions made by and information currently available to us. For example,
when we discuss the belief that the need for our technologies continue to grow and that we hope to
announce material developments and expansions of our global business and sales of our TIKAD
product in 2021, we are using forward looking statements. 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; 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 Securities and Exchange Commission,
including the discussion under "Risk Factors" and "Management's Discussion and Analysis of Financial
Condition and Results of Operations" in our Annual Reports on Form 10-Ks and Quarterly Reports on
Form 10-Qs. We undertake no obligation to update any forward-looking statements, whether as a result
of new information, future events or otherwise.
Investor Contact:
Contact name: Erez Nachtomy
Phone number: +97248124101
Email address: invest@dukeroboticsys.com