Wire
Palladyne AI Wins $2.3 Million Contract to Support Counter-Drone System
Palladyne AI (PDYN) subsidiary has received a $2.3 million contract to deploy its BRAIN flight computer and FLEX flight software framework in support of a counter-drone interceptor system, the company said Monday.The contract covers the direct sale of BRAIN hardware and related software capabilities, with the potential for follow-on production orders, the company said.Shares were down around 1.6% in afternoon trading.Price: $5.73, Change: $-0.09, Percent Change: -1.55%
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