Why Did PDYN Stock Surge 36% Pre-Market Today?
Synopsis
The company bagged Air Force Research Laboratory’s (AFRL) contract to make different autonomous systems work together.
Palladyne AI Corp. (PDYN) announced on Wednesday that it has secured a contract from the U.S. Air Force Research Laboratory (AFRL) to improve coordination among autonomous systems.
The award aims to tackle a longstanding challenge in defense operations: enabling drones, ships, satellites, and other platforms to operate as a unified team.
SwarmOS And Autonomous Coordination
The initiative, named “Hierarchical Adaptive Networked Game-Theoretic Integration of Multiple Echelons (HANGTIME),” will build on Palladyne AI’s patented SwarmOS platform.
Following the announcement, Palladyne AI stock traded over 36% in Wednesday’s premarket.
Get updates to this developing story directly on Stocktwits.<
Stay updated with all the latest Business News, including market trends, Share Market News, stock updates, taxation, IPOs, banking, finance, real estate, savings, and investments. Track daily Gold Price changes, updates on DA Hike, and the latest developments on the 8th Pay Commission. Get in-depth analysis, expert opinions, and real-time updates to make informed financial decisions. Download the Asianet News Official App from the Android Play Store and iPhone App Store to stay ahead in business.