Press Releases

Agreement marks Palladyne AI’s first fixed-wing UAV partnership, pairing Orkid Tech’s fielded, NDAA-compliant UAVs with Palladyne AI’s Pilot and SwarmOS software SALT LAKE CITY & DENVER --(BUSINESS WIRE)--Aug. 19, 2026-- Palladyne AI Corp. (NASDAQ: PDYN), a U.S.-based defense and industrial

Marine aviator and career special operator who commanded MARSOC joins Palladyne AI as it advances collaborative autonomy, low-cost attritable systems, and combat-proven loitering munitions for the Department of War SALT LAKE CITY --(BUSINESS WIRE)--Aug. 10, 2026-- Palladyne AI Corp.

Advancing from the Ivy Mass rehearsal to Project Convergence Capstone 6, SwarmOS again integrated with Anduril’s Lattice and enabled multi-drone, multi-vendor autonomous operations before the U.S. Joint Force and allied military partners SALT LAKE CITY --(BUSINESS WIRE)--Aug.

Revenue increased 470% year-over-year and 63% sequentially to $5.8 million, driven by both acquisitions and organic growth Backlog of $24.6 million as of June 30, 2026, net of revenue recognized, reflects approximately $13.0 million in new contract awards during the quarter Reiterates full-year

SALT LAKE CITY --(BUSINESS WIRE)--Jul. 29, 2026-- Palladyne AI (NASDAQ: PDYN), a U.S.-based aerospace, defense and industrial technology company delivering embodied AI-powered collaborative autonomy solutions, advanced avionics, precision-manufactured components, UAVs, and advanced aerospace

SALT LAKE CITY --(BUSINESS WIRE)--Jul. 23, 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

SALT LAKE CITY --(BUSINESS WIRE)--Jul. 22, 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

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