• Palladyne AI (PDYN) is trading at $6.18 (8.2% up) following the announcement that it has executed a previously awarded $4.2 million contract with the U.S. Air Force Research Laboratory for its HANGTIME program.
  • The contract aims to advance swarming capabilities for integrated cross-domain operations, connecting autonomous systems across space, air, maritime, and land.
  • This execution marks a significant development, directly contributing to the company's momentum in defense AI.