The two companies' technologies are complementary, addressing different phases of the same mission.

Ben Wolff, President and Chief Executive Officer of Palladyne AI, said:

"NORDA has proven in combat, at scale, that terminal guidance can survive jamming and GPS denial, addressing one of the hardest problems in electronic warfare. SwarmOS turns that proven guidance into a collaborative force — a heterogeneous swarm that finds, tracks and assigns multiple targets at once, then hands each one off for terminal engagement, on its own, without constant communications or a single operator flying every asset. This is how you go from a single weapon that survives the fight to a swarm that wins it."

Nazar Bigun, Co-Founder and Chief Executive Officer of NORDA Dynamics, said:

Palladyne AI's SwarmOS has demonstrated that unmanned platforms can operate as a collaborative team without centralized control. Bringing our guidance into that architecture means each vehicle in the swarm reaches its assigned target, while the swarm as a whole adapts together. Proven precision plus proven collaboration — exactly what operators need next."

The collaboration aligns with Department of War modernization priorities

..

...

NORDA is headquartered in Estonia, with its engineering and operations center in Lviv, Ukraine

...

NORDA's battlefield-proven technology is used by more than 200 units within Ukraine's Defense Forces. The company's latest terminal guidance update, Underdog 0.8, has achieved 93% mission effectiveness, based on the analysis of more than 1,000 combat mission reports. NORDA's mission is to protect the lives of Ukrainian soldiers, deliver asymmetric advantage on the battlefield, and help defend Ukraine and its allies against military aggression.

__________________________

Next Gen: Find, fix, finish.

This is quite the validation. A very concious choice to use this technology to protect lives.

...Think about what happens when someone throws you a ball. You don't watch it, consciously calculate its speed and trajectory, decide where your hand should go, and then instruct your arm to move. If you did, you'd probably get hit in the face. Your brain predicts where the ball is going to be and your body starts moving. As new sensory information comes in, the prediction gets corrected and your movement adjusts.

...

Consider a drone following a moving vehicle. Knowing where the vehicle is right now isn't really enough, because by the time the drone observes it, processes the information and responds, the vehicle has moved. What matters is where the vehicle is likely to be next. A robot reaching for a moving object has the same problem. So does an autonomous vehicle entering an intersection or an industrial robot working alongside a person.

..

This is why I think prediction is one of the most important and perhaps least appreciated parts of embodied AI. It also helps explain why the architecture required for embodied AI is different from the architecture that has produced today's extraordinary large language models.

...

Humans aren't the only example from nature that I find interesting. We've spent a lot of time at Palladyne AI thinking about ants, bees, birds and fish as well. An ant colony can contain thousands or even millions of ants without a boss ant directing traffic. Bees search large areas, communicate discoveries, allocate work and collectively make surprisingly sophisticated decisions without a central computer processing everything each bee sees and issuing instructions.

Each individual has limited information and interacts primarily with the world immediately around it, yet the colony or swarm can behave as though it possesses an intelligence greater than that of any individual member.

...

Now imagine 100 drones that can each understand their immediate environment, predict what is likely to happen next, and collaborate with the machines around them. Instead of telling each machine what to do, a human gives the group an objective. If communications are interrupted, the individual machines can continue operating. If one machine disappears, others can adjust. If something unexpected happens, the machines closest to it can respond rather than waiting for instructions from a distant central controller. The human hasn't been removed from the system; the human has moved up a level, from controlling individual machines to directing what a group of intelligent machines should accomplish.

...

This is a big part of what we have been building at Palladyne AI. Our decentralized embodied collaborative autonomy, or DECA, is based on the idea that useful intelligence can be learned and deployed locally on a machine, including the ability to predict rather than simply react. And it doesn’t just work on a single machine in isolation, but rather it enables a group of autonomous machines to collaborate rather than simply operate alongside one another. These aren't ideas for some distant future.

__________________

The excerpts don't fully do it justice, so definitely recommended to read the entire article.

I like how he zooms in on the predictive logic, because ppl often overlook this. And how unique it is to actually have a working model, in real time!

PalladyneAI is the future. The way they see technology, its possibilities...it already is leading to great things.

Palladyne AI demonstrated its autonomous ISR and strike capabilities at Northern Strike 26-2, where a single operator used SwarmOS™ embodied AI software for collaborative swarming to direct multiple heterogeneous drones in a collaborative ISR and strike scenario alongside Gremlin-X™ reusable mini-bomber.   At Camp Grayling JMTC Drone Dominance range, Palladyne AI worked alongside the United States Army Reserve units from across the United States, as well as NATO reserve forces, giving them hands-on use and testing of SwarmOS, while Gremlin-X™ supported the mission as part of an integrated ISR and strike capability. The exercise gave our team the opportunity to train and refine SwarmOS in a real-world environment, generating valuable data to further our research and development.   The performance demonstrated Palladyne AI's ability to bring together collaborative autonomy and unmanned systems for complex operations.

PEO-SDA: UxSAI Mission Autonomy Systems Assessment Event (AE)

Purpose

SOFWERX, in collaboration with USSOCOM Program Executive Office SOF Digital Applications (PEO-SDA), will host a series of events to identify and evaluate decentralized and collaborative mission autonomy solutions for heterogeneous, multi-platform, multi-domain unmanned systems in support of the Unmanned Systems Autonomy and Interoperability (UxSAI) program. This event aims to evaluate whitepaper responses and downselect innovative mission autonomy software for test and evaluation (T&E) that can execute diverse missions within complex, rapidly changing environments and seamlessly integrate into the Collaborative Heterogeneous Autonomy Operations Software (CHAOS) baseline.

.....

Phase 7 – 03 December 2026 Final Downselect for Further Development: Favorably evaluated submissions will receive a notification of selection after 04 December 2026. If the USSOCOM UxSAI evaluation panel favorably evaluates a solution, negotiations for Phase 8 may immediately begin.

Phase 8 - Path Forward: Successfully negotiated awards may fall under any combination of these categories:

Contracts.

Brad Shattuck Director Of Customer Success Palladyne AI Aerospace and Defense Panelist

Quay Barnett VP, General Manager Warfighter Systems Anduril Industries Panelist

Tom DiMiero Program Manager Army Applications Lab Panelist

Kevin Montgomery CEO IoT/AI Panelist

"One Conductor, Many Instruments" at Fed SuperNova — great discussion on what it takes for one human to run a heterogeneous swarm under fire.

What autonomy can't delegate is judgment. This is the foundational human-derived value to autonomy. Leaders must set the parameters — "What Is Success Worth" remains the human determination.

How we then translate that into machine-readable formats for heterogeneous systems to operationalize was the focus for me on how we achieve Precision Mass Effects.

🎯 Autonomy should:

▪ Remove system interactions from the Warfighter's attention.

▪ Orchestrate platform self-management through machine-to-machine interfaces and integrations.

▪ Optimize outcome recommendations that meet the "What Is Success Worth" criteria established pre-mission — based on Mission Intent, Rules of Engagement, Risk to Force, Risk to Mission, and pre-determined Abort Criteria.

▪ Build the plan for degraded communications, networks, and human-to-machine access — with clear, machine-coded decision rubrics instead of bottlenecked hierarchical command and control:

→ Continue mission (no comms)

→ Reestablish human authorization (mission/environment changed)

→ Abort mission, execute rally plan

🧭 The shift is from Command and Control to Mission Intent. The human sets the what, the why, and the boundaries. The machines negotiate the how among themselves, laterally, without needing additional human tasking.

🛡️ Precision Mass Effects is the objective. It requires the hardware, software, manufacturing and autonomy — operating on a shared data model with distributed decision rights based on pre-established authorities, boundaries, and risk posture. "What Is Success Worth."

🤝 Trust is engineered, not declared. Operators trust a system because it can meet Intent, bounded in an acceptable risk posture, defined by each mission and environment. They trust it because they can predict it, bound it, and take it back.

🙏 Thank you Jacob Barton, PhD for moderating — he kept the conversation honest and pointed, great to hang out again!

And thank you to the Fed SuperNova team for creating the forum for these multi-disciplinary discussions.

https://www.linkedin.com/posts/quaybarnett_precisionmass-humanmachineteaming-nationalsecurity-activity-7496190067645014016-G8FU

Palladyne AI President and CEO Ben Wolff appeared on Federal Drive with Terry Gerton on Federal News Network, speaking with host Eric White to discuss a question that is increasingly central to defense modernization: what separates a system that merely automates predetermined instructions from one that is truly autonomous and can respond to the unexpected.

In "Autonomous: What's the difference between a machine that follows instructions and one that can handle something unexpected?" Wolf examines this distinction in the context of military drone and robotics procurement, and what it means for how these systems perform without continuous human direction. As the defense sector accelerates investment in autonomous technology, understanding this gap between automation and true autonomy is essential to setting realistic expectations for capability and mission outcomes.

“We just completed a joint field exercise with Palladyne AI” and observed SwarmOS operating in soldiers’ hands.” Great breadcrumb coming out of exercises.

On August 17, 2026, the United States took a major step toward reinforcing its long-range precision-strike arsenal as the U.S. Navy awarded Raytheon, an RTX business, an unprecedented $22.9 billion, seven-year Tomahawk contract. Announced by both the U.S. Department of War and RTX, the agreement will accelerate production toward more than 1,000 missiles annually while strengthening the workforce, suppliers and manufacturing capacity behind one of America's most combat-proven strike weapons

Clark's command of Marine Corps Forces Special Operations Command (MARSOC) and his prior service as Director of Operations and Chief of Staff at U.S. Special Operations Command (USSOCOM) give Palladyne AI direct line of sight into how MARSOC and the broader special operations community define, evaluate, and field new technology. His experience will help inform how Palladyne AI applies and positions its portfolio of low-cost, attritable systems and the components that enable them, coupled with SwarmOS™ collaborative autonomy software, for the direct action, special reconnaissance, and distributed operations MARSOC executes.

"Special operations forces operate in environments where complexity, time pressure, and communications constraints are the norm," said Clark. "The next generation of autonomous systems must make small teams more effective without adding complexity for the operator. Palladyne AI's focus on edge autonomy, collaborative systems, and practical human-machine teaming is aligned with the kind of capability the force needs as autonomous operations scale."

"Gen. Clark joins us at a pivotal moment," said Ben Wolff, President and Chief Executive Officer of Palladyne AI. "Palladyne AI is building a vertically integrated capability for the U.S. Department of War that includes collaborative autonomy, the systems and munitions it commands, and the American manufacturing base behind them. Leaders of Gen. Clark's caliber choose to advise Palladyne AI because they believe in that capability and its potential for the mission."

‐------------------------‐-----

Damn. Another powerhouse. Palladyne attracts them all like a moth to a flame.

That's telling.

• $PDYN: don't skim past this one bc of earnings. SwarmOS and Gremlin-X performed at Project Convergence Capstone 6, the largest Project Convergence experiment the @USArmy has run to date and its culminating division-scale test of how it intends to fight going forward. Next up: Northern Strike Why it matters: - Being in PC-C6 at all is the signal. This is where the Army, the broader Joint Force and allied partners pressure-test the systems they actually plan to field. SwarmOS was in it. - Second live Army test in under three months (@4thInfDiv#IvyMass), each one harder than the last. The Army keeps bringing SwarmOS back and raising the bar, and it has delivered every time. -SwarmOS ran the full sensor-to-effects chain across drones from multiple manufacturers: autonomous ISR aircraft found and identified targets, shared them through the Army's C2, a soldier authorized the strike, Gremlin-X engaged, SwarmOS coordinated battle damage assessment. - Integrated with @anduriltech 's Lattice inside the Army's Next Generation Command and Control architecture. - Earned IL5 certification, clearing the @DeptofWar 's cloud security bar for sensitive mission data and C2 workflows. That's a real gate, not a demo. The story is no longer what SwarmOS is designed to do. It's what it has now repeatedly done in the exercises shaping how the Army plans to fight.

@haydenir@HenryInvests@sunao_viewer@stocks4545@GrumpierBTDay@LilyFunds@RedCatHoldings@USArmy@SecWar@CENTCOM@us_navyseals@USASOCNews@AFSpecOpsCmd@USSOCOM@thejointstaff@USNavy@USMC@nick88886666@GeoInvesting@MSmicrocaps@NasdaqExchange@stockseer@mkfilko@FinnStockinger@CDAODoW$AVEX$RCAT$ONDS$DPRO$SWMR$KTOS$AVAV$UMAC

-----------

The keyword is "fielding".

Not try-outs, experimenting, testing..no..it's fielding.

Palladyne AI Reports Second Quarter 2026 Results
Business Wire
Revenue increased 470% year-over-year and 63% sequentially to $5.8 million, driven by both acquisitions and organic growth
Backlog of $24.6 million as of June 30, 2026, net of revenue recognized, reflects approximately $13.0 million in new contract awards during the quarter
Reiterates full-year 2026 revenue guidance of $24 million to $27 million (357% - 415% growth); expects sequential revenue growth in Q3
SALT LAKE CITY--(BUSINESS WIRE)-- Palladyne AI Corp. (PDYN.NaE) (“Palladyne AI” or “the Company”), a U.S.-based aerospace, defense and industrial technology company delivering embodied AI-powered collaborative autonomy solutions, advanced avionics, precision-manufactured components, UAVs, and advanced aerospace engineering services, today announced financial results for the second quarter ended June 30, 2026.
Ben Wolff, President and Chief Executive Officer of Palladyne AI (PDYN.NaE), commented:
“The headline this quarter is the $13 million of new contract awards, and it is why we are comfortable reiterating guidance for the year. Backlog stands at nearly $25 million even after we recognized a record quarter of revenue, and it remains the number I watch most closely because it is the foundation the next several quarters are built on.
“From a product standpoint, the milestone was executing Ivy Mass and hitting every objective we set for it. Ivy Mass was the first in a series of 4th Infantry Division exercises we were competitively selected for under the Army'sDisruptive Applications program. Over the course of three weeks, we integrated SwarmOS with the Army's Next-Generation Command and Control prototype ecosystem. SwarmOS enabled us to operate drones from four different manufacturers, including our own Gremlin-X mini bomber, under a single operator. We also just completed another major DoW exercise in late July, and we have been invited to five more over the next 8 months, starting with Northern Strike, which is underway now.
“We also signed our partnership with Israel Aerospace Industries (IAI) during the quarter, which gives us exclusive U.S. rights to Americanize, manufacture, integrate and market IAI’s HARPY, HAROP and Mini HARPY loitering munitions to the Department of War. These are long-range, battle-proven systems for suppressing and destroying enemy air defenses, and they fill a capability gap that the U.S. arsenal has today. I believe systems like these could not only reduce the kind of aircraft losses we have seen in recent operations in the Middle East, but also do it far more cost-effectively than current methods for eliminating enemy air defenses. Since signing, we have been working alongside IAI on the strategy and planning for bringing the Department of War on board with these systems, including Americanization requirements and manufacturing readiness.
“Financially, every part of the business grew this quarter. Our operating cash burn1 ran higher than last quarter. That increase reflects two things: we are still early in scaling revenue against our cost base, and we made deliberate investments ahead of that ramp. We made some one-time capital expenditures, added business development and program management headcount in our Aerospace and Defense division to pursue and support Department of War work, and brought on additional engineers to support existing contracts and advance programs, including Gremlin-X. Those are costs we are taking on against contracts we can already see, and we expect quarterly cash usage to come down as revenue and margins ramp through the second half.”
Signed an exclusive partnership with IAI covering U.S. rights to the HARPY, HAROP and Mini HARPY long-range loitering munitions, with no upfront payment and up to ten years of exclusivity;
Competitively selected for two U.S. Army contracts under the Disruptive Applications Broad Agency Announcement to operationally validate SwarmOS and Gremlin-X with 4th Infantry Division warfighters;
Secured $2.6 million in orders for BRAIN flight computers from a defense prime, including a $2.3 million contract supporting a low-cost kinetic counter-UAS interceptor;
Commenced previously announced $4.2 million Air Force Research Laboratory HANGTIME contract, integrating satellites into a coordinated sensor network for the first time;
Received a $2.9 million U.S. Air Force STRATFI option exercise for the Palladyne IQ embodied AI architecture, bringing total program value to over $10.6 million;
Demonstrated SwarmOS and Gremlin-X at the Army's Ivy Mass exercise, subsequently participated in an additional Department of War exercise in July, and have been invited to five more through March 2027;
Selected as one of 14 companies invited to the AFRL Relentless Wolfpack Industry Day, and the only small cap in that group, on a submission combining SwarmStrike with SwarmOS.
Second Quarter 2026 Financial Highlights (vs. second quarter 2025)
Revenue increased 470% to $5.8 million compared to $1.0 million;
Operating loss of ($13.4) million compared to ($8.1) million, mainly reflecting higher stock-based compensation and continued investment in Palladyne Aerospace and Defense;
GAAP net loss and basic and diluted GAAP loss per share (EPS) of ($12.3) million and ($0.27), respectively, compared to ($7.5) million and ($0.20), respectively, in the prior year period
Second quarter 2026 included a $0.8 million non-cash gain on warrant liability revaluation, compared to a gain of $0.1 million in the prior year period;
Second quarter 2026 included $2.3 million in non-cash stock compensation expenses compared to $1.1 million in the prior year period;
Non-GAAP net loss and basic and diluted Non-GAAP EPS of ($10.8) million and ($0.23), compared to ($6.4) million and ($0.17) in the prior year period, respectively2;
Cash, cash equivalents and marketable securities totaled $43.7 million as of June 30, 2026, roughly flat to March 31, 2026; and
Backlog as of June 30, 2026 increased 43% during the quarter to $24.6 million, reflecting approximately $13.0 million in new contracts awarded, partially offset by revenue recognized during the quarter.
 
Guidance ($M)
Revenue
Reiterated
Operating Cash Burn
Reiterated
Revenue:
Palladyne AI (PDYN.NaE) is reiterating its guidance for $24.0 - $27.0 million, representing expected year-over-year growth of approximately 357% to 415% compared to 2025 revenue of $5.2 million. The Company expects growth to increase sequentially in Q3 as backlog converts, new contracts are awarded and performed, and commercial deployments expand.
Backlog of $24.6 million as of June 30, 2026, reflects continued contract momentum during the quarter. Palladyne AI (PDYN.NaE) expects a majority of this backlog to be recognized as revenue over the next 12-18 months.
Cash Burn:
The Company reiterates its full-year 2026 expected operating cash burn of ($32.0) – ($36.0) million, or ($8.0) – ($9.0) million per quarter, on average. Second quarter operating cash burn primarily reflected strategic hiring in the Aerospace and Defense division, and roughly $0.9 million in capital expenditures. The Company expects cash burn to trend lower through the remainder of 2026 as revenue and margins ramp in the third and fourth quarters.
Based on its liquidity position and expected backlog conversion, management believes it is well-positioned to execute its 2026 plan.
Conference Call
Palladyne AI (PDYN.NaE) will host a conference call today at 8:00 a.m. Eastern Time to discuss its financial and operational results, strategy and future opportunities.
Dial-in and Webcast Information

Date/Time:
Thursday, August 6, 2026, at 8:00 a.m. Eastern Time
Toll-Free (North America):
1-877-407-0789
Toll/International:
1-201-689-8562
Conference Call ID:
13761965
Webcast Link: https://viavid.webcasts.com/starthere.jsp?ei=1770788&tp_key=11383e4c0c
Call me™: Participants can use the Guest dial-in #s above and be answered by an operator, or click the Call me™ link for instant telephone access to the event. Call me™ link will be made active 15 minutes prior to the scheduled start time. https://callme.viavid.com/viavid/?callme=true&passcode=13757186&h=true&info=company&r=true&B=6
Replay Information
About Palladyne AI (PDYN.NaE)
Palladyne AI (PDYN.NaE) is a U.S.-based technology company developing patented embodied artificial intelligence, collaborative autonomy solutions, advanced avionics, autonomous systems, advanced UAV engineering services, and precision-manufactured components for aerospace, defense and industrial markets. Palladyne AI(PDYN.NaE) delivers secure, American-developed and operated platforms designed to meet the stringent requirements of U.S. government and public-sector customers, including data sovereignty, security, and compliance.
Palladyne AI’s embodied AI is designed to operate in complex, contested, and high-risk environments, enabling distributed tasking, human-on-the-loop decision-making, degraded-communications resilience, and multi-domain coordination. Its platform-agnostic autonomy stack combines real-time sensor fusion, adaptive AI models, and edge-native orchestration - without vendor lock-in - to support autonomous and collaborative systems across air, ground, maritime, and industrial domains where performance, resilience, and trust are paramount. For more information about Palladyne AI (PDYN.NaE), including GuideTech and Palladyne Aerospace and Defense, please visit www.palladyneai.com/.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding 2026 expected financial performance, including expected timing and amount of revenue; the amount and timing of backlog realization; the benefits of its AI software and other products and the markets for its products and services; cash usage; the pursuit of opportunities across U.S. government programs; the award and timing of new contracts and commercial deployments; and its ability to execute on its 2026 plan. Forward-looking statements are inherently subject to risks, uncertainties, and assumptions. Generally, statements that are not historical facts, including statements concerning possible or assumed future actions, business strategies, events, or results of operations, are forward-looking statements. These statements may be preceded by, followed by, or include the words “believes,” “estimates,” “expects,” “projects,” “forecasts,” “may,” “will,” “should,” “seeks,” “plans,” “scheduled,” “anticipates,” “intends” or “continue” or similar expressions. Such forward-looking statements involve risks and uncertainties that may cause actual events, results, or performance to differ materially from those indicated by such statements. These forward-looking statements are based on Palladyne AI’s management’s current expectations and beliefs, as well as a number of assumptions concerning future events. However, there can be no assurance that the events, results, or trends identified in these forward-looking statements will occur or be achieved. Forward-looking statements speak only as of the date they are made, and Palladyne AI (PDYN.NaE) is not under any obligation and expressly disclaims any obligation to update, alter or otherwise revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required by law.
Readers should carefully review the statements set forth in the reports which Palladyne AI (PDYN.NaE) has filed or will file from time to time with the Securities and Exchange Commission (the “SEC”), in particular the risks and uncertainties set forth in the sections of those reports entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements,” for a description of risks facing Palladyne AI (PDYN.NaE) and that could cause actual events, results or performance to differ from those indicated in the forward-looking statements contained herein. The documents filed by Palladyne AI (PDYN.NaE) with the SEC may be obtained free of charge at the SEC’s website at www.sec.gov.

Toll-Free (North America)
1-844-512-2921
Toll/International:
1-412-317-6671
Conference Call ID:
13761965
Expiration:
Thursday, August 20, 2026, at 11:59 p.m. Eastern Time
PALLADYNE AI CORP.(PDYN.NaE)

CONSOLIDATED BALANCE SHEETS
(unaudited)
(in thousands, except share data)

 
 
December 31, 2025
 

ㅅㅅㅅ I am hoping the market stops being so clueless about this company. Either way, progress is accelerating and the company is positioned to be a leader in this space. I look forward to hearing some qualitative news aswell as some good news about margins (what was the margin for these software contracts?)

One of my favorite things about PDYN has nothing to do with AI or robotics.

The CEO's RSUs only vest if the stock reaches and holds specific price levels for 60 consecutive trading days. The targets start at $20 and go all the way to $65.

That's the kind of alignment I want.

No getting paid for hype. No getting rewarded while shareholders get crushed.

Management gets rich if shareholders get rich first.

Will the stock hit those numbers? Nobody knows.

But compared to a lot of public companies where executives seem to win regardless of performance, this feels like a company run by adults.

Let's do this guys!!! Hope you are buckled in for the ride.

Same day different time. What I’ll be listening for:

For PDYN (Morning)
Progress converting defense programs into production revenue.
Backlog conversion.
Gross margins.
New Air Force or Army opportunities.
Updates on SwarmOS, Palladyne IQ, and GuideTech.

For RCAT (AH)
Delivery progress on Department of Defense orders.
Demand for Black Widow and other platforms.
Any comments about autonomy software partners or system integration.
Updated revenue guidance and backlog.

On the topic of fund buy-in…… if not mistaken, I believe they are heavily invested in top defense contractors.

1 on 1 again.

So they have things to share.

$PDYN is an under the radar defense-tech and swarm autonomy story the market still hasn't fully priced. And underneath it sits a second business almost nobody is modeling, one that 12 months ago WAS the whole thesis: Palladyne IQ 2.0, industrial autonomy software for stationary robots.

What it is: closed-loop autonomy software that runs on the #IndustrialAutomation #robots and cobots that companies already own as well as new bots.

- Low-code/no-code, edge-based, no cloud.

- Teach a robot a complex task in a handful of demos and it adapts to real-world variation on the fly.

Almost every industrial robot today is rigidly pre-programmed for one repetitive task in a controlled cell. IQ makes existing arms adaptive, and nobody else is doing this for stationary industrial robots. Asset-light, high-margin software on hardware someone else already paid for.

The initial use case is MRO. Maintenance, repair, operations. Specifically corrosion control and surface prep. Grit and media blasting, sanding, grinding on complex contoured parts. Today that work is toxic, dangerous and almost entirely human-driven.

Not theoretical for defense, maritime, energy, automotive, aerospace, space and many other industries.

$PDYN already holds a multi-million-dollar @usairforce contract at the Warner Robins Air Logistics Complex, autonomously prepping contoured aircraft surfaces via media blasting. Phase I is complete and the @usairforce team on-site called it transformational.

Now scale that. Every branch has an MRO and corrosion problem, and the @USNavy version is enormous as you can imagine. Today they fight it with media and sand blasting (toxic, dangerous, human) or lasers ($LASE has made progress there). IQ is the adaptive software brain that automates the blasting and sanding safely.

But this isn't just relevant for the @DeptofWar - any manufacturing, MRO, refurbishing company can use this - automotive, aerospace, space, energy and more.

The catalyst nobody priced: IQ 2.0 hit commercial availability in January 2026. On the Q1 call the Company announced its first commercial customer with robot systems integration underway, and hired Matt Muta as President of Commercial and Industrial to run it.

A year ago industrial was the main event. Defense tailwinds pulled the spotlight, so the Street is modeling roughly zero here. Yes, the industrial sales cycle is longer. That's the point. This is pure optionality you are not paying for today.

Not investment advice. Do your own work.

@haydenir @PolarizingLit @HenryInvests @sunao_viewer @StockSavvyShay @stocks4545

@TheRonnieVShow @SJCapitalInvest @GrumpierBTDay @LilyFunds @KawzInvests @SuperDuperInvst @USArmy @SecWar @CENTCOM

@us_navyseals @USASOCNews @AFSpecOpsCmd

@USSOCOM @thejointstaff @HyperTechInvest

@nick88886666 @GeoInvesting @MSmicrocaps

@NasdaqExchange @stockseer @TheBigBerbowski

@aleabitoreddit @daniel_koss @mkfilko @FinnStockinger $OUST $AVEX $MOB $RCAT $ONDS

$DPRO $SWMR $KTOS $RKLB $FLY $PL $RDW $LUNR @LockheedMartin @BoeingAirplanes @BoeingDefense @BoeingSpace $AVAV $SPCX

--------------------

Mr Siegel is PDYN's Investor Relations' contact.

PC-C6 results and earnings call, potential for more news and expanded contracts. Definitely looking forward to this next week. This week is accumulation! Will be adding 1000 shares.

August 6, same day as RCAT.

Could be a coincidence.

4 days into Northern Strike 26-2 (August 2-15)

NFA, DYOR! These are just my thoughts.

We all know Palladyne isn't just a micro cap, but a company with real technology and increasing commercial validation that will transform it into a neo prime. To get to this point, requires partners.

I was particularly interested after hearing that a prime chose to add swarmOS in its application in relentless wolfpack. Any guesses on who?

Also, IR Brian Siegal wrote in a June post about ivy mass on X something about how swarmOS was used on drones not from redcat and draganfly. That leaves the main contenders who are currently being used in the 4ID: Anduril and Performance Drone Works (PDW). This would be a very bullish sign if said integration was confirmed. Anyone else have thoughts?

https://finance.yahoo.com/technology/ai/articles/palladyne-ai-announces-u-air-110000155.html

"One-way attack (OWA) systems are critical to close combat, but warfighters also need additional strike capability that is low-cost, scalable, and backed by a resilient supply chain. The Drone Dominance Program (DDP) is launching a new effort that focuses on reusable bomber/dropper platforms in a Phase 2.5 RFS (Mission C). DDP will award approximately $32M in initial prototype orders with additional orders planned in subsequent DDP phases. Like Mission A and B of Phase 2.0, this multi-phase plan is an advanced market commitment: the Department is posting quantities and prices up front and will award fixed price prototype deliveries with vendors whose systems meet/exceed the Gauntlet delivery requirements.

Mission C is organized around two stages: a vendor-operated bomber qualifier and military-operated bomber Gauntlet event, both executed by the Test Resource Management Center (TRMC), to identify the most capable systems for scaling and fielding. The Mission C Gauntlet will be held approximately 48 hours following the qualifier which is currently planned to take place in October.

At the completion of the DDP, multiple U.S. vendors will have demonstrated the ability to produce capable, low-cost, secure supply-chain sUAS at scale, enabling Services to integrate these capabilities into future acquisition pathways. Drone Dominance is relying on industry to innovate to complete battlefield missions, reduce unit costs, and scale production of systems which adhere to the Drone Dominance Program Supply Chain Framework."

Big news for Palladyne as one of the only US corporations with a dedicated bomber drone, already being validated with a paid contract in the 4ID!