Duke Robotics Names New CEO Weeks After Nasdaq Uplisting

Duke Robotics named Yiftach Kleinman as its new chief executive officer, effective Sept. 8, the company said in a filing. The appointment comes roughly a month after the defense technology firm uplisted to the Nasdaq.

Kleinman replaces interim CEO Ran Gotfried, who will stay on as a director and chairman of the board. Gotfried had led the company since the start of the year after his predecessor stepped down.

The filing did not disclose Kleinman's compensation package. He joins from a prior role as CEO of an industrial robotics firm, according to a brief company biography included in the regulatory notice.

Duke Robotics develops unmanned aerial systems for military and security applications. The company's shares trade under the ticker DUKR. The stock has been volatile since the Nasdaq listing, sliding about 15% from its first-day close through the end of last week.

A board committee handled the search process internally. The company did not say whether it considered external candidates.