Palladyne AI

PDYN

Market cap $325M

SALT LAKE CITY--(BUSINESS WIRE)--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 advanced aerospace engineering services, announced today that Ben Wolff, President and CEO, will participate in a fireside chat at the 2026 Jefferies Defense Tech Summit on Thursday, June 4, 2026. Presentation Details Dat.

SALT LAKE CITY--(BUSINESS WIRE)--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 advanced aerospace engineering services, today announced that retired Lt. Gen. Sean Bernabe and retired Brig. Gen. Gwyn Armfield have joined the Company's Defense Advisory Board. The appointments come as Palladyne AI sca.

Palladyne AI is transitioning from an AI software innovator to a vertically integrated defense contractor, leveraging recent acquisitions and major DoD partnerships. PDYN expects 2026 revenues of $24–27 million, with recent contracts and a $17 million backlog supporting sequential quarterly growth, though profitability is unlikely before 2030. The company's edge-AI and swarm autonomy platforms have secured significant wins, including US Navy and Air Force contracts, positioning PDYN to benefit from long-term defense modernization tailwinds.

SALT LAKE CITY--(BUSINESS WIRE)--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 advanced aerospace engineering services, today announced that effective May 20, 2026, the Compensation Committee of Palladyne AI's Board of Directors approved the grant of, in the aggregate, 91,528 restricted stock units.

Palladyne AI Corp. is evolving into a vertically integrated defense contractor, targeting automation and AI-driven defense and industrial markets. PDYN reported $3.5M in quarterly revenue, missing estimates, but maintained full-year guidance of $24–27M, citing delayed government contracts and strong backlog growth. Gross margin was 30% at 30% manufacturing utilization; significant margin improvement is expected as scale increases and software revenues ramp.

Palladyne AI Corp. (PDYN) Q1 2026 Earnings Call Transcript

SALT LAKE CITY--(BUSINESS WIRE)--Palladyne AI Reports First Quarter 2026 Results.

SALT LAKE CITY--(BUSINESS WIRE)--Palladyne AI Selected as One of 14 Companies for AFRL's Relentless Wolfpack Industry Day, Advancing Networked Collaborative Autonomous Weapon Systems.

SALT LAKE CITY--(BUSINESS WIRE)--Palladyne AI Announces First Quarter Fiscal 2026 Financial Results Conference Call and Webcast.

SALT LAKE CITY--(BUSINESS WIRE)--Palladyne AI Secures Additional Foundational Swarming U.S. Patent on AI-Driven Path Creation, Target Detection, and Behavioral Prediction.