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PDYN is evolving into a vertically integrated defense platform spanning autonomy software, avionics, UAVs, precision machining, and production. Its recent GuideTech, Warnke, and MKR acquisitions strengthen PDYN's in-house capabilities and long-term strategic value. PDYN can now design, prototype, and manufacture a broader range of defense applications in a much faster development/commercialization cycle.

SALT LAKE CITY--(BUSINESS WIRE)--Palladyne AI Subsidiary Selected by U.S. Navy to Develop Low Cost Near Hypersonic Missile.

SALT LAKE CITY--(BUSINESS WIRE)--Palladyne AI Corp. (Nasdaq: PDYN and PDYNW) (“Palladyne AI”), a U.S.-based defense and industrial technology company delivering embodied artificial intelligence software and autonomy solutions, today announced that effective March 10, 2026, the Compensation Committee of Palladyne AI's Board of Directors approved the grant of, in the aggregate, 107,932 restricted stock units, or RSUs, as material inducements to seven employees entering into employment with a subs.

PDYN reports a narrower year-over-year Q4 loss as revenues surge 118%, driven by contributions from recently acquired businesses and continued investment in defense technologies, partly offset by higher operating costs.

SALT LAKE CITY--(BUSINESS WIRE)--Palladyne AI to Participate in the Defense and Space Infrastructure Panel at the 38th Annual Roth Conference.

Palladyne AI (PDYN) delivered strong Q4 and FY results, with shares surging 20% post-earnings and further upside potential seen. The company's 2023 pivot to AI software and subsequent vertical integration via acquisitions, have transformed its growth trajectory. PDYN reaffirmed FY26 revenue guidance of $20M+, with backlog acceleration signaling robust demand and potential for outperformance.

Palladyne AI (NASDAQ:PDYN) saw its shares surge more than 32% to almost $10 per share on Thursday as it reported fourth quarter revenue growth that exceeded expectations. Revenue for the quarter reached $1.66 million, up 118% year over year and well above analyst expectations of $809,000.