Palladyne AI and Red Cat Announce First Successful Multi-Drone Collaborative Autonomous Flight
Palladyne AI Corp. - Common stock (PDYN)
Company Research
Source: Business Wire
Second key milestone achievement follows on first successful single drone flight in December 2024 SALT LAKE CITY--(BUSINESS WIRE)--Palladyne AI Corp. (NASDAQ: PDYN and PDYNW) (“Palladyne AI”), a developer of artificial intelligence software for robotic platforms in the defense and commercial sectors, and Red Cat Holdings, Inc. (NASDAQ: RCAT) (“Red Cat”), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, today announced the completion of the first successful flight in which multiple Teal drones equipped with Palladyne™ Pilot AI software autonomously collaborated to identify, prioritize, and track objects of interest on the ground. The flight demonstrates how the Palladyne Pilot AI software leverages sensor management and platform collaboration to enable a flight of two or more drones to autonomously collaborate and share multi-modal sensor information under constrained communication between drones. This follows
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News
- Palladyne AI Corp (PDYN) On the Cusp of Robust Growth Following Defense Division Formation [Yahoo! Finance]Yahoo! Finance
- Palladyne AI (NASDAQ:PDYN) had its "sell (d-)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Palladyne AI Announces Employee Equity AwardsBusiness Wire
- Palladyne AI (NASDAQ:PDYN) had its "sell (d-)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- PDYN Q3 Loss Narrows Y/Y, Leans on Defense Contracts to Drive Growth [Yahoo! Finance]Yahoo! Finance
PDYN
Sec Filings
- 12/3/25 - Form 4
- 12/3/25 - Form 4
- 12/3/25 - Form 4
- PDYN's page on the SEC website