DUKE Robotics Corp.

Corporate Overview We are a robotics company developing advanced robotic and drone-based systems. Our technologies include an advanced robotic stabilization system that enables remote, real-time, pinpoint-accurate firing of small arms and light weapons, as well as civilian drone-based solutions focused on infrastructure maintenance, which is a drone technology for conducting routine maintenance of critical infrastructure for electric utility insulator cleaning. Although our stabilization technology was initially designed for use on unmanned aerial systems ( UAS ), our robotic solutions are adaptable to other military platforms and civilian applications. Corporate History and Structure We were founded in 2014 as Unlimited Aerial Systems, LLP ( UAS LLP ). Prior to 2020, we operated as a developer and manufacturer of commercial unmanned aerial systems, with a focus on providing quadrotor aerial platforms for law enforcement and first responder markets. Duke Robotics Inc. ( Duke Inc. ) was formed in April 2016 and has a wholly owned Israeli subsidiary, Duke Airborne Systems Ltd. ( Duke Israel ), incorporated under the laws of the State of Israel. Duke Israel’s principal offices are located at 10 HaRimon Street, Mevo Carmel Science and Industrial Park, Israel 2069203, and our telephone number is +972-054-5707050. Our website address is https://dukeroboticsys.com. On March 9, 2020, we completed a share exchange transaction pursuant to which Duke Inc. became our majority-owned subsidiary (the Share Exchange ). As a result of the Share Exchange, we adopted Duke Inc.’s business plan.