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Fort   Lauderdale,   FL,   October   22,   2020   – OTC PR WIRE — UAS   Drone   Corp. (OTCQB: USDR), a leader in robotics technology and drone solutions, today announced that its common  stock  was  approved  for  quotation  on  the  OTC  Markets  Group,  Inc.’s  OTCQB®  tier Venture Market (the “OTCQB”) under the symbol “USDR,” effective as of the open of trading on October 22, 2020.

The OTCQB is a venture market operated by the OTC Markets Group, Inc. and is designed for early-stage and developing companies located both in the United States and abroad. To be eligible for quotation on the OTCQB, companies must be current in their reporting and undergo an annual verification and  management  certification  process.  Companies must also meet  a  minimum  bid price test and cannot be in bankruptcy. The OTCQB is recognized by the Securities and Exchange Commission as an established public market and provides current public information to investors that need to analyze, value, and trade securities.

UAS Drone Corp., through its wholly owned subsidiary Duke Robotics, developed TIKAD, an innovative  military  UAS  octocopter  drone  with  a  mounted  lightweight  firearm  and  advanced stabilization  technology.  TIKAD  features  a  lightweight  robotic  gimbal  with  the  unparalleled ability to carry and stabilize payload recoil up to three times its weight.   In addition, TIKAD’s gimbal offers real-time, 6 DOF (degrees of freedom), a capability that provides an advantage to U.S.  and  allied  forces  in  combat.  TIKAD  advances  military  strategy  by  integrating  an  aerial support system into combat missions.  The drone can engage with troops or lead precision strikes without  the  need  for  intrusive  action.  TIKAD  can  be  used  in  various  military  applications including border patrol law enforcement, drone on drone warfare and counter terrorism.

 

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.  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

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