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Stock impact report

Red Cat and Palladyne AI Partner to Embed Artificial Intelligence into Teal Drones to Enable Autonomous Operation

Palladyne AI Corp. - Common stock (PDYN) 
Company Research Source: Business Wire
Combined system capabilities to be featured at Association of the United States Army (AUSA) annual meeting October 14-16, 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 a partnership intended to enhance the autonomous capabilities of all Red Cat’s Teal drones using Palladyne AI’s Pilot software.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241001521464/en/Red Cat and Palladyne AI Partner to Embed Artificial Intelligence into Teal Drones to Enable Autonomous Operation (Photo: Business Wire)Leveraging its years of innovative development work for U.S. Government customers, P Show less Read more
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