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0 0.00531914893617022 -0.0372340425531915 0.0106382978723404 0.0270212765957447 0.0475 0.0531914893617022 0.109042553191489
Stock impact report

Palladyne AI and Red Cat Expand Partnership for Teal Drones

Palladyne AI Corp. - Common stock (PDYN) 
Company Research Source: Business Wire
Partnership Broadened to Encompass Joint Sales and MarketingPalladyne AI Congratulates Red Cat on U.S. Army’s Short Range Reconnaissance Program of Record Award 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 commercial and defense sectors, today announced an expanded partnership with Red Cat Holdings, Inc. (NASDAQ: RCAT) (“Red Cat”) and its Teal Drones subsidiary (“Teal”), a drone technology company integrating robotic hardware and software for military, government, and commercial operations. The broadened relationship includes joint go-to-market activities to be coordinated between the companies.In early October, Palladyne AI and Red Cat announced that they had partnered to embed Palladyne AI’s artificial intelligence software into Teal drones, including those already in the field, to enable autonomous operation and expand drone system capabilities to facili Show less Read more
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