Palladyne AI Corp. Timeline

Events

• 2026-08-26 - Partnership - Palladyne AI and NORDA plan SwarmOS–Underdog integration - SwarmOS would provide distributed multi-vehicle perception, target assignment and coordination. Underdog would handle GNSS-denied terminal pursuit and guidance after target handoff. The companies plan integration on one or more unmanned platforms and a joint… - source: businesswire.com
• 2026-08-19 - Partnership - Palladyne AI and Orkid Tech integrate collaborative autonomy into fixed-wing VTOL UAVs - Palladyne describes the agreement as its first fixed-wing UAV partnership and plans integrated systems for U.S. defense and industrial markets. The integration is intended to provide adaptive autonomous and multi-aircraft swarm operation rather than… - source: investor.palladyneai.com
• 2026-08-06 - Market Signal - Palladyne AI reports $5.8 million Q2 revenue and $24.6 million backlog - Second-quarter revenue reached $5.8 million, up 470% year on year and 63% sequentially. Backlog was $24.6 million at June 30 after approximately $13 million of new contract awards during the quarter, net of recognised revenue. The company maintained… - source: investor.palladyneai.com
• 2026-07-07 - Contract Award - Palladyne AI executes $4.2M AFRL SwarmOS contract - The work connects autonomous systems across space, air, maritime and land domains for coordinated ISR operations. The execution follows a previously announced AFRL HANGTIME award and moves the program into contracted delivery. - source: sg.finance.yahoo.com
• 2026-05-05 - Deployment - Palladyne AI starts active deployment of Palladyne IQ 2.0 with first commercial customer - Palladyne AI said it initiated active deployment of Palladyne IQ 2.0 with its first commercial customer. The company said the initial robot systems integration was underway during the first quarter of 2026. The update moves Palladyne IQ from commercial… - source: palladyneai.com
• 2026-01-12 - Product Launch - Palladyne AI announces commercial availability of Palladyne IQ 2.0 - Palladyne AI completed and made commercially available Palladyne IQ 2.0 for industrial robots. The software is positioned as a hardware-agnostic autonomy layer for factories, depots and logistics environments. The launch gives Palladyne AI a concrete… - source: investor.palladyneai.com