Palladyne AI Secures Contract With U.S. Defense Prime Contractor To Deliver Mission-Critical Subsystem Supporting Missile Propulsion For Existing U.S. Missile System Program

Contract is expected to contribute revenue of nearly $1 million in 2026

Further positions the Company to strengthen its relationship with this Prime Contractor and expand its participation in long-life-cycle U.S. missile programs

Palladyne AI Corp. (NASDAQ:PDYN) ("Palladyne AI"), a U.S.-based 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 it has secured a contract with a major U.S. defense prime contractor to deliver a key, mission-critical subsystem supporting missile propulsion for an existing U.S. missile system program.