Palladyne AI Corp.

The Billion-Dollar AI Drone Revolution: Software Is Reshaping a Global Industry

This is a FN Media paid promotional roundup of AI drone-sector companies, not an issuer release. Palladyne AI is mentioned briefly among five 'companies on the move.' The only PDYN-specific news is that its BRAIN edge AI flight computer was selected as a finalist in the U.S. Army FUZE xTech|Apex Intercept competition, giving it a mission-relevant demonstration opportunity for next-generation interceptor and fire-control modernization. The release carries a disclosure that FN Media was compensated $4,600 by ZenaTech for coverage, and the PDYN mention is repackaged prior news — treat as low-signal promotional content rather than a material company disclosure.

•17d ago

Federal Ammunition, Mossberg, and Palladyne AI Launch Joint Development of SwarmShot™, a Modular Autonomous Airborne Counter-UAS System

Palladyne AI, Federal Ammunition and Mossberg announced joint development of SwarmShot, a modular autonomous airborne counter-drone system combining Federal's counter-UAS ammunition, a Mossberg airborne weapon module, and Palladyne's IntelliSwarm autonomy. SwarmShot will first integrate on Palladyne's Gremlin-X Group 1 quadcopter, with a planned integration kit for compatible third-party drones to scale beyond complete systems. The partnership leverages swarming software Palladyne recently demonstrated with the U.S. Army at Project Convergence Capstone 6; no development schedule, customer commitments, or financial terms were disclosed.

•1mo ago

Palladyne AI’s BRAIN Selected as Finalist in U.S. Army FUZE xTech|Apex Intercept Competition

Palladyne AI's BRAIN edge AI flight computer was selected as a finalist in the U.S. Army FUZE xTech|Apex Intercept competition. The selection places the company in an Army evaluation pathway focused on accelerating low-cost interceptor and fire-control capabilities, with a finals demonstration to Army and Department of War evaluators expected in October/November 2026. The finalist nod builds on previously announced $2.6 million in BRAIN orders from a defense prime, of which $2.3 million supports a low-cost kinetic counter-UAS interceptor system. No contract award or revenue accompanies this announcement.

•1mo ago

Palladyne AI and FANUC America Announce Strategic Collaboration to Advance Intelligent Robotic Automation

Palladyne AI and FANUC America announced a strategic collaboration pairing FANUC's industrial robot portfolio with Palladyne IQ, Palladyne's physical AI software platform, targeting automation across manufacturing, warehousing, and logistics. Joint initiatives include optimizing Palladyne IQ on FANUC platforms, AI-driven motion planning, adaptive robot behavior, teleoperation, simulation and AI model training, and standardized deployment workflows for system integrators. Palladyne IQ is designed to let industrial robots understand, adapt to, and act within dynamic environments, moving automation beyond rigid, single-purpose deployments amid persistent skilled-labor shortages. No financial terms or revenue commitments were disclosed and outcomes are framed as forward-looking, but the deal provides notable validation for Palladyne's software from a global leader in industrial robotics.

•2mo ago

Palladyne AI and NORDA Dynamics to Integrate SwarmOS™ Collaborative Autonomy Software with NORDA’s Combat-Proven Underdog Autonomy Module

Palladyne AI announced a collaboration with NORDA Dynamics to integrate its SwarmOS collaborative autonomy software with NORDA's Underdog Autonomy Module, combining swarm intelligence with combat-proven terminal guidance. The integrated solution enables aerial platforms to autonomously detect, track, and engage targets in GPS-denied and jammed environments, aligning with modernization priorities for distributed, attritable capabilities. NORDA's technology, including the Underdog 0.8 update, has demonstrated 93% mission effectiveness across more than 1,000 combat reports and is currently deployed by over 200 units within Ukraine's Defense Forces.

•2mo ago

Palladyne AI and Orkid Tech Partner to Extend Palladyne™ Pilot and SwarmOS™ Autonomy Platform to Fixed-Wing UAVs

Palladyne AI partnered with Orkid Tech to integrate its Palladyne Pilot and SwarmOS autonomy software into Orkid's NDAA-compliant, fixed-wing VTOL UAVs. This collaboration marks Palladyne's first fixed-wing partnership, extending its software platform to a new aircraft class and broadening its addressable market in defense and industrial sectors like oil & gas and wildfire management. The companies aim to deliver systems capable of true collaborative autonomy and swarming, allowing a single pilot to operate multiple aircraft with real-time environmental response.

•2mo ago

Palladyne AI Appoints Former MARSOC Commander and U.S. Special Operations Command Chief of Staff Maj. Gen. Mark A. "Droopy" Clark (Ret.) to Defense Advisory Board

Palladyne AI appointed Maj. Gen. Mark A. Clark (Ret.), former commander of MARSOC and Chief of Staff at U.S. Special Operations Command, to its Defense Advisory Board to guide product development and positioning. Clark’s experience is expected to inform the application of Palladyne’s SwarmOS software and attritable systems for special operations missions involving direct action and reconnaissance. The company’s defense portfolio includes the Gremlin-X reusable mini-bomber and SwarmStrike platform, supported by a manufacturing partnership with Israel Aerospace Industries.

•2mo ago

Palladyne AI’s SwarmOS™ Successfully Performs Again at Army’s Premier Division-Scale Test of Future Warfare

Palladyne AI's SwarmOS platform successfully completed multi-drone, multi-vendor autonomous operations at the U.S. Army's Project Convergence Capstone 6, marking the second major validation in three months following the Ivy Mass rehearsal. During the event, SwarmOS integrated with Anduril's Lattice platform and achieved Impact Level 5 (IL5) certification, enabling heterogeneous unmanned aircraft to execute the full sensor-to-effects mission chain including strikes by the Gremlin-X mini-bomber. The demonstration showcased the platform's ability to coordinate complex mission workflows with a single soldier retaining decision authority, reinforcing Palladyne's position in the Army's modernization efforts.

•3mo ago

Palladyne AI Reports Second Quarter 2026 Results

Palladyne AI reported Q2 revenue of $5.8 million, a 470% increase year-over-year and 63% sequentially, with backlog climbing 43% to $24.6 million. The company signed an exclusive partnership with Israel Aerospace Industries (IAI) to market HARPY and HAROP loitering munitions to the U.S. Department of War, alongside securing multiple new defense contracts for its SwarmOS and Gremlin-X systems. Management reiterated full-year 2026 revenue guidance of $24 million to $27 million, expecting sequential growth in Q3 as new awards are performed, while projecting operating cash burn of $32 million to $36 million for the year.

•3mo ago

Palladyne AI Announces U.S. Air Force Exercise of Additional $2.9 Million STRATFI Contract Option Using Palladyne IQ Embodied AI Architecture for Autonomous Robotic Systems, Bringing Total Award to $10.6 Million

The U.S. Air Force exercised a $2.9 million option on Palladyne AI's STRATFI contract, increasing the total award value to over $10.6 million. This funding supports advanced demonstration milestones for the Palladyne IQ embodied AI architecture, including human-guided machine learning and autonomous task execution in mission-relevant scenarios. CEO Ben Wolff characterized the option exercise as an unambiguous signal of the technology's performance in complex environments and its potential for broader defense applications.

•3mo ago

Palladyne AI Announces Preliminary Second Quarter 2026 Revenue of Approximately $5.8 Million and Backlog of Approximately $24.0 Million

Palladyne AI reported preliminary Q2 2026 revenue of $5.8 million, representing a 480% increase year-over-year and 66% sequential growth. Backlog rose to $24.0 million from $17.3 million in the prior quarter, driven by $12.5 million in new customer programs and contract awards. CEO Ben Wolff highlighted the successful execution of the company's plan, citing a major partnership with Israel Aerospace Industries and progress with autonomous systems like SwarmOS and the BRAIN flight computer.

•4mo ago

Palladyne AI Executes $4.2 Million U.S. Air Force Contract to Advance Swarming Capabilities for Integrated Cross-Domain Operations

Palladyne AI executed a $4.2 million contract with the U.S. Air Force Research Laboratory (AFRL) for its HANGTIME program. The deal utilizes Palladyne’s SwarmOS platform to integrate autonomous systems across air, land, maritime, and now space domains, marking the first time the technology connects to satellites. This win validates the company’s multi-domain autonomy strategy and expands its ISR capabilities for the U.S. Department of Defense.

•4mo ago

Palladyne AI’s GuideTech Wins New $2.3 Million Contract for BRAIN with Defense Prime Continuing Commercial Momentum

GuideTech, a subsidiary of Palladyne AI, secured a $2.3 million contract with a defense prime contractor to deploy its BRAIN flight computer and FLEX flight software framework for a counter-UAS interceptor system. The direct product sale includes potential for follow-on production orders and utilizes the company’s avionics toolchain to accelerate system integration and testing. CEO Ben Wolff stated the contract demonstrates commercial traction for GuideTech’s platforms and expands the opportunity pipeline for future production.

•4mo ago

Palladyne AI Appoints Former Golden Dome Operational Commander and U.S. Army Space and Missile Defense Commander Lt. Gen. Sean A. Gainey to Defense Advisory Board

Palladyne AI appointed retired Lt. Gen. Sean A. Gainey to its Defense Advisory Board, leveraging his background as the former Commanding General of U.S. Army Space and Missile Defense Command. Gainey brings expertise in counter-drone doctrine and global missile defense, having previously served as the founding Director of the Joint Counter-UAS Office. The appointment aligns with Palladyne's strategy to scale its SwarmOS-powered collaborative autonomy and loitering munitions systems for the U.S. Department of War.

•4mo ago

Palladyne AI Awarded U.S. Army Contracts for SwarmOS™ Autonomous Swarm Technology and Gremlin-X™ Mini-Bomber UAV Under Competitive Disruptive Applications Program

Palladyne AI was awarded a pair of contracts by the U.S. Army to research, develop, and operationally validate its SwarmOS autonomous swarm software and Gremlin-X reusable loitering munition. The company will demonstrate these capabilities during exercises with the 4th Infantry Division in Colorado and California, as well as at the Northern Strike 26-2 joint exercise involving over 9,000 participants. Management noted that the contract marks a shift from evaluation to funded operational use, opening a strong pathway toward future programs of record.

•4mo ago

Palladyne AI Deploys True Autonomy Drone-Swarming Software, SwarmOS™, During U.S. Army 4th Infantry Division Ivy Mass Exercise

Palladyne AI successfully deployed its SwarmOS software and Gremlin-X reusable mini-bomber drone during the U.S. Army 4th Infantry Division's Ivy Mass exercise, integrating with the Army's Next-Generation Command and Control prototype ecosystem. The live exercise demonstrated the ability of a single operator to control multiple ISR drones simultaneously, showcasing decentralized decision-making and real-time mission adaptation in communications-constrained environments. Management views the deployment as a critical validation step toward operational force inclusion and future Department of War programs.

•4mo ago

Palladyne AI and IAI Form Partnership to Manufacture and Sell Combat-Proven Loitering Munition Systems to the U.S. Department of War

Palladyne AI has formed a strategic partnership with Israel Aerospace Industries (IAI) to manufacture and sell IAI’s combat-proven loitering munition systems to the U.S. Department of War. The deal grants Palladyne exclusive U.S. production and marketing rights for the HARPY, HAROP, and Mini HARPY systems, leveraging IAI’s 40+ years of operational expertise and Palladyne’s domestic manufacturing capabilities. Management states this partnership allows for faster fielding of battle-proven systems compared to clean-sheet development, marking a significant step in expanding IAI’s U.S. defense presence and validating Palladyne’s industrial infrastructure.

•5mo ago

Palladyne AI Reports First Quarter 2026 Results

Palladyne AI reported Q1 2026 revenue of $3.5 million, up 107% year-over-year, with backlog reaching $17 million reflecting $7 million in new awards. The company reaffirmed full-year 2026 revenue guidance of $24 million to $27 million, representing 357% to 415% growth, driven by defense and commercial ramp. Cash position remains strong at $43.7 million, supporting the execution of its vertically integrated defense and industrial AI strategy.

•6mo ago

Palladyne AI Selected as One of 14 Companies for AFRL’s Relentless Wolfpack Industry Day, Advancing Networked Collaborative Autonomous Weapon Systems

Palladyne AI subsidiary GuideTech was selected as one of only 14 companies invited to the AFRL's Relentless Wolfpack Industry Day, focused on networked collaborative autonomous weapon systems. The company's SwarmOS software was integrated into submissions by a major Tier 1 defense prime and a separate prime, serving as the only hardware-agnostic solution and validating its interoperability. This participation represents a strategic inflection point, placing Palladyne alongside top defense primes and providing a direct pathway to potential contracts and programs of record.

•6mo ago