Palladyne AI Corp. (PDYN) Secures Defense Contracts Amid Rising Demand for Advanced Technologies
Palladyne AI Corp. (NASDAQ:PDYN) has secured two contracts from the U.S. Army to develop and test its autonomous technologies, including SwarmOS and Gremlin-X. The company also announced a partnership with Israel Aerospace Industries for advanced loitering munitions in the U.S., which Northland analyst Michael Latimore upgraded as a growth catalyst.
Tickers: $PDYN
Topics: AI defense contracts Gremlin-X robotics SwarmOS