PDYN news

Palladyne AI reported Q2 revenue of $5.8 million and reiterated full-year guidance. The company secured significant contract awards, including a strategic partnership with Israel Aerospace Industries.

Palladyne AI reported preliminary Q2 FY26 revenue of $5.8 million, up 480% year-over-year. This surge is bolstered by a strategic defense partnership and strong backlog growth, highlighting increasing demand for embodiedAI solutions.

Palladyne AI Corp. filed an amended and restated 2021 Equity Incentive Plan that permits grants of various equity awards including stock options, RSUs, and performance awards to employees, directors and consultants. The plan amendment is relevant for understanding the company's compensation structur…

Palladyne AI and Israel Aerospace Industries formed a strategic partnership giving Palladyne exclusive U.S. production and marketing rights for IAI's combat-proven loitering munition systems. The partnership positions Palladyne to supply the U.S. Department of War with battle-tested weapons systems …