{"id":933510,"date":"2026-02-03T07:03:10","date_gmt":"2026-02-03T12:03:10","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/palladyne-ai-secures-contract-to-deliver-key-propulsion-subsystem-to-major-u-s-defense-prime-for-existing-u-s-missile-system-program\/"},"modified":"2026-02-03T07:03:10","modified_gmt":"2026-02-03T12:03:10","slug":"palladyne-ai-secures-contract-to-deliver-key-propulsion-subsystem-to-major-u-s-defense-prime-for-existing-u-s-missile-system-program","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/palladyne-ai-secures-contract-to-deliver-key-propulsion-subsystem-to-major-u-s-defense-prime-for-existing-u-s-missile-system-program\/","title":{"rendered":"Palladyne AI Secures Contract to Deliver Key Propulsion Subsystem to Major U.S. Defense Prime for Existing U.S. Missile System Program"},"content":{"rendered":"

<\/p>\n

Palladyne AI Secures Contract to Deliver Key Propulsion Subsystem to Major U.S. Defense Prime for Existing U.S. Missile System Program<\/b><\/p>\n

Contract is expected to contribute revenue of nearly $1 million in 2026<\/b><\/p>\n

Further positions the Company to strengthen its relationship with this Prime Contractor and expand its participation in long-life-cycle U.S. missile programs<\/b><\/p>\n

SALT LAKE CITY–(BUSINESS WIRE<\/a>)–Palladyne AI Corp<\/a>. (NASDAQ: PDYN and PDYNW) (\u201cPalladyne AI\u201d), 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.<\/p>\n

Ben Wolff, Chief Executive Officer of Palladyne AI, commented:<\/b><\/p>\n

\n\u201cThis contract win represents a meaningful step in scaling our defense manufacturing revenues and reinforces our strategy of embedding Palladyne AI into long-lifecycle weapons programs. It also reflects the confidence that another leading defense prime has placed in our ability to deliver mission-critical hardware on demanding timelines. Beyond the initial contract, we believe we are well positioned for growing annual revenues from this program.\u201d<\/p>\n

\nThe defense prime selected the Company based on its proven performance on defense programs, established manufacturing and delivery track record, and ability to meet accelerated time requirements. Palladyne AI expects to complete deliverables by the end of the third quarter of 2026.<\/p>\n

\nThe Company expects to generate revenues approaching $1 million, all of which is expected to be recognized in 2026, representing an incremental addition to the Company\u2019s growing and diversified defense revenue stream and reflecting strong customer validation of its precision-manufactured, domestically produced components<\/p>\n

\nThe contract reinforces the Company\u2019s strategy to deepen its integration within the U.S. defense industrial base, supporting sustained demand for reliable, American-made solutions that enhance the resilience, scalability, and readiness of critical national security platforms.<\/p>\n

\nWith its track record of execution on complex defense programs and prime contractor relationships, the Company believes it is well-positioned for continued participation in high-value, long-duration defense programs.<\/p>\n

About Palladyne AI<\/b><\/p>\n

\nPalladyne AI 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 defense and industrial markets. Palladyne AI 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.<\/p>\n

\nPalladyne AI\u2019s 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\u2014without vendor lock-in\u2014to 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, including GuideTech and Palladyne Defense, please visit https:\/\/www.palladyneai.com\/<\/a>.<\/p>\n

Forward-Looking Statements<\/b><\/p>\n

\nThis press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding expected contract performance, delivery timelines, anticipated order renewal, expected initial-year revenues, recurring revenue potential, contributions to revenue growth, and Palladyne AI\u2019s defense strategy and market expansion. 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 \u201cbelieves,\u201d \u201cestimates,\u201d \u201cexpects,\u201d \u201cprojects,\u201d \u201cforecasts,\u201d \u201cmay,\u201d \u201cwill,\u201d \u201cshould,\u201d \u201cseeks,\u201d \u201cplans,\u201d \u201cscheduled,\u201d \u201canticipates,\u201d \u201cintends\u201d or \u201ccontinue\u201d 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\u2019s management\u2019s 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 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.<\/p>\n

\nReaders should carefully review the statements set forth in the reports which Palladyne AI has filed or will file from time to time with the Securities and Exchange Commission (the \u201cSEC\u201d), in particular the risks and uncertainties set forth in the sections of those reports entitled \u201cRisk Factors\u201d and \u201cCautionary Note Regarding Forward-Looking Statements,\u201d for a description of risks facing Palladyne AI 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 with the SEC may be obtained free of charge at the SEC\u2019s website at www.sec.gov<\/a>.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20260203419980\/en\/<\/a><\/span><\/p>\n

Palladyne AI Investor Contact:
\n<\/b>
Brian S. Siegel, IRC\u00ae, M.B.A.
\n
Senior Managing Director
\n
Hayden IR – Chicago
\n
(346) 396-8696 (o)
\n
brian@haydenir.com
\n<\/a>
IR@palladyneai.com<\/a><\/p>\n

Palladyne AI Press Contact:
\n<\/b>
Heath Meyer
\n
(858) 768-1527
\n
PR@palladyneai.com<\/a><\/p>\n

KEYWORDS:<\/b> Utah United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Technology Public Policy\/Government Military Security White House\/Federal Government Other Defense Aerospace Telecommunications Contracts Manufacturing Software Networks Defense Hardware Data Management Homeland Security Artificial Intelligence<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
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Palladyne AI Secures Contract to Deliver Key Propulsion Subsystem to Major U.S. Defense Prime 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 SALT LAKE CITY–(BUSINESS WIRE)–Palladyne AI Corp. (NASDAQ: PDYN and PDYNW) (\u201cPalladyne AI\u201d), 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. Ben Wolff, … <\/p>\n

Continue reading “Palladyne AI Secures Contract to Deliver Key Propulsion Subsystem to Major U.S. Defense Prime for Existing U.S. Missile System Program”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-933510","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nPalladyne AI Secures Contract to Deliver Key Propulsion Subsystem to Major U.S. Defense Prime for Existing U.S. Missile System Program - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/palladyne-ai-secures-contract-to-deliver-key-propulsion-subsystem-to-major-u-s-defense-prime-for-existing-u-s-missile-system-program\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Palladyne AI Secures Contract to Deliver Key Propulsion Subsystem to Major U.S. Defense Prime for Existing U.S. Missile System Program - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Palladyne AI Secures Contract to Deliver Key Propulsion Subsystem to Major U.S. Defense Prime 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 SALT LAKE CITY–(BUSINESS WIRE)–Palladyne AI Corp. (NASDAQ: PDYN and PDYNW) (\u201cPalladyne AI\u201d), 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. 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(NASDAQ: PDYN and PDYNW) (\u201cPalladyne AI\u201d), 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. 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