Press Releases

Preliminary second quarter revenue expected to be approximately $5.8 million, up approximately 480% year over year and 66% sequentially Backlog grew to approximately $24.0 million from $17.3 million at the end of the first quarter Cash, cash equivalents and marketable securities remained roughly

Palladyne AI’s SwarmOS™ platform to support satellite integration, marking a major expansion of its multi-domain autonomy and ISR capabilities across space, air, maritime, and land SALT LAKE CITY --(BUSINESS WIRE)--Jul. 7, 2026-- Palladyne AI Corp. (NASDAQ: PDYN and PDYNW) (“Palladyne AI”), a

BRAIN flight computer selected for counter-UAS system; contract drives near-term revenue and deepens GuideTech’s customer pipeline SALT LAKE CITY --(BUSINESS WIRE)--Jun. 29, 2026-- Palladyne AI (NASDAQ: PDYN), a U.S.-based defense and industrial technology company delivering embodied AI-powered

The Officer Who Built the Joint Force’s Counter-Drone Doctrine and Commanded Global Missile Defense Joins Palladyne AI as It Scales SwarmOS™-Powered Collaborative Autonomy, Loitering Munitions, and Multi-Domain Intelligent Systems for the Department of War SALT LAKE CITY --(BUSINESS WIRE)--Jun.

SALT LAKE CITY --(BUSINESS WIRE)--Jun. 18, 2026-- Palladyne AI (NASDAQ: PDYN), a U.S.-based defense and industrial technology company delivering embodied AI-powered collaborative autonomy solutions, advanced avionics, precision-manufactured components, UAVs, and advanced aerospace engineering

Competitive Army Selection Puts SwarmOS and Gremlin-X in the Hands of Warfighters Across Multiple Operational Exercises SALT LAKE CITY --(BUSINESS WIRE)--Jun. 17, 2026-- Palladyne AI (NASDAQ: PDYN), a U.S.-based defense and industrial technology company delivering embodied AI-powered collaborative

Live multi-domain exercise exhibited autonomous capabilities for modern Army combat operations at the edge and integrated with the Army’s Next-Generation Command and Control prototype ecosystem SALT LAKE CITY --(BUSINESS WIRE)--Jun. 16, 2026-- Palladyne AI (NASDAQ: PDYN), a U.S.-based defense and

SALT LAKE CITY & TEL AVIV, Israel --(BUSINESS WIRE)--Jun. 8, 2026-- Palladyne AI Corp. (NASDAQ: PDYN and PDYNW) (“Palladyne AI”), a U.S.-based defense and industrial technology company, and Israel Aerospace Industries (IAI), a world-class aerospace and defense leader, today announced the formation

SALT LAKE CITY --(BUSINESS WIRE)--Jun. 3, 2026-- Palladyne AI Corp. (NASDAQ: PDYN and PDYNW) (“Palladyne AI”), a U.S.-based defense and industrial technology company delivering embodied AI-powered collaborative autonomy solutions, advanced avionics, precision-manufactured components, UAVs and

Two retired flag officers, one from the U.S. Army, one from U.S. Air Force special operations, bring combined experience across large-scale operations, coalition warfare, and defense technology integration as the Department of War accelerates investment in AI-enabled drone swarming, low-cost