Palladyne AI

PDYN

Market cap $248M

Palladyne AI is becoming a more credible vertically integrated defense-autonomy platform as its acquired operating base scales. Their IAI partnership, Northern Strike, and HANGTIME certainly offer a path toward larger defense programs at some point. However, most of their revenue currently comes from their recent acquisitions, not in-house programs.

SALT LAKE CITY--(BUSINESS WIRE)--Palladyne AI Announces Preliminary Second Quarter 2026 Revenue of Approximately $5.8 Million and Backlog of Approximately $24.0 Million.

SALT LAKE CITY--(BUSINESS WIRE)--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 design services, today announced that its subsidiary, GuideTech, has secured a new $2.3 million contract with a defense prime contractor to deploy its BRAIN flight computer and FLEX flight software framework in support of development,.

SALT LAKE CITY--(BUSINESS WIRE)--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 services, today announced that retired Lt. Gen. Sean A. Gainey has joined the Company's Defense Advisory Board. Gainey most recently served as Commanding General of U.S. Army Space and Missile Defense Command and Commander.

SALT LAKE CITY--(BUSINESS WIRE)--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 services, announced today that Ben Wolff, CEO, and Trevor Thatcher, CFO will participate in 1:1 meetings with institutional investors at the Northland Growth Conference 2026 on Tuesday, June 23, 2026. Qualified investors s.

Palladyne AI Corp. (NASDAQ:PDYN) shares are trading higher Wednesday after the company announced it was awarded a pair of U.S. Army contracts to research, develop, and operationally validate its SwarmOS autonomous swarm technology and Gremlin-X mini-bomber UAV.

SALT LAKE CITY--(BUSINESS WIRE)--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 services, today announced it has been awarded a pair of contracts to research, develop, and operationally validate SwarmOS and Gremlin-X with U.S. Army warfighters, competitively selected under the Army's Disruptive Applic.

SALT LAKE CITY--(BUSINESS WIRE)--Palladyne AI Deploys True Autonomy Drone-Swarming Software, SwarmOS™, During U.S. Army 4th Infantry Division Ivy Mass Exercise.

While Wall Street fixates on Nvidia Corp. (NASDAQ:NVDA) and the hyperscaler AI arms race, a cluster of small-cap defense tech companies is building contract backlogs that suggest the real AI spending wave hasn't fully arrived yet.

Palladyne AI Corp. (PDYN) Discusses Strategic Partnership to Manufacture and Market Loitering Munition Systems for U.S. Defense Transcript