StockNews.AI
PDYN
StockNews.AI
76 days

Palladyne IQ AI Software Platform Named the Sole Finalist from the Robotics and Automation Category for an Annual National Center for Manufacturing Sciences Technology Competition

1. Palladyne IQ recognized as finalist for NCMS 2025 CTMA Technology Competition. 2. The software platform enhances robot autonomy for defense and industrial applications. 3. Recent multi-year contract with the Warner Robins Air Logistics Complex secured. 4. Palladyne IQ improves operational effectiveness with edge computing capabilities. 5. Recognition validates Palladyne IQ's potential for military sustainment roles.

10m saved
Insight
Article

FAQ

Why Bullish?

Recognition in a military technology competition adds credibility and visibility. Similar past instances, like other tech awards, often correlate with stock price increases.

How important is it?

The article highlights recognition and contract wins, key drivers of future interest and investment. Their effect on revenue and partnerships is significant.

Why Long Term?

The validation and contract align with long-term military sustainment efforts and growth. Successful integration may unlock ongoing revenue streams, enhancing long-term market position.

Related Companies

RTXLMTBAGDNOC
Finalists selected by DoD maintenance leaders based on those entries that best support the National Defense Strategy for transformative maintenance and sustainment capabilities SALT LAKE CITY--(BUSINESS WIRE)--Palladyne AI Corp. (NASDAQ: PDYN and PDYNW) (“Palladyne AI”), a developer of artificial intelligence software for robotic platforms in the defense and commercial sectors, today announced that its Palladyne™ IQ AI software platform (“IQ”) has been named the sole finalist from the robotics and automation category for the National Center for Manufacturing Sciences’ (NCMS) 2025 CTMA Technology Competition. Palladyne IQ is an autonomy software platform that uses AI and ML technologies to provide human-like reasoning capabilities for industrial robots and collaborative robots (cobots), making robots smarter and better equipped to handle jobs that have historically been too complex to automate. Palladyne IQ is designed to enable low-/no-code training for robotic systems: robust training and ML happen on the edge, which supports faster deployment without costly programming resources needed by traditional automated systems. Its edge computing capabilities facilitate autonomous decision-making without needing a connection to the cloud, making Palladyne IQ ideal for deployed and remote operations where network access may be limited.“We are honored to be selected as a finalist in the 2025 CTMA Technology Competition for our Palladyne IQ software platform,” said Ben Wolff, President and CEO, Palladyne AI.Share NCMS’s flagship program, the Commercial Technologies for Maintenance Activities (CTMA) sponsors the annual CTMA Technology Competition to support the National Defense Strategy by highlighting transformative maintenance and sustainment capabilities. It provides an opportunity for academic, commercial, and government teams to showcase new and innovative ways of making maintenance and sustainment operations more agile, effective, efficient, and affordable. This year, NCMS teamed up with Fleet Readiness Center Southeast (FRC-SE) to seek capabilities in five focus areas: aircraft data integration, laser cutting on aluminum, robotics and automation, surface preparation and corrosion control, and expeditionary repair of aircraft structural components. The finalists were selected by Department of Defense maintenance leaders from a highly competitive field of entries. As previously announced, Palladyne AI has been awarded a multi-year contract with the Warner Robins Air Logistics Complex, which showcases IQ’s usefulness in augmenting industrial robots for aircraft sustainment. Palladyne IQ is being integrated into multiple remediation activities such as robotic media blasting and sanding, showing its real-world viability. Meeting the contract milestones represents key steps on Palladyne IQ’s path to full operational readiness, ultimately resulting in a high-impact, scalable solution for diverse military sustainment efforts. “We are honored to be selected as a finalist in the 2025 CTMA Technology Competition for our Palladyne IQ software platform,” said Ben Wolff, President and CEO, Palladyne AI. “This recognition underscores the relevance of our IQ AI platform for defense applications, and we thank NCMS for this validation as we continue on our path to full operational readiness.” To learn more about the 2025 CTMA Technology Competition, please visit https://ncms.org/ctma-technology-competition/. For more information on Palladyne AI and its artificial intelligence software for robotic platforms, please visit www.palladyneai.com. About Palladyne AI Corp. Palladyne AI Corp. (NASDAQ: PDYN) has developed an advanced artificial intelligence (AI) and machine learning (ML) software platform poised to revolutionize the capabilities of robots, enabling them to observe, learn, reason, and act in a manner akin to human intelligence. Our AI and ML software platform empowers robots to perceive variations or changes in the real-world environment, enabling them to autonomously maneuver and manipulate objects accurately in response. The Palladyne AI software solution operates on the edge and dramatically reduces the significant effort required to program and deploy robots enabling industrial robots and collaborative robots (cobots) to quickly achieve autonomous capabilities even in dynamic and or complex environments. Designed to achieve precise results with minimal training time, limited data sets, and lower power requirements, compared to current state-of-the-art solutions, Palladyne AI believes its software has wide application, including in industries such as automotive, aviation, construction, defense, general manufacturing, infrastructure inspection, logistics and warehousing. Its applicability extends beyond traditional robotics to include Unmanned Aerial Vehicles (UAVs), Unmanned Ground Vehicles (UGVs), and Remotely Operated Vehicles (ROVs). Palladyne AI’s approach is expected to elevate the return on investment associated with a diverse range of machines that are fixed, fly, float, or roll. By enabling autonomy, reducing programming complexity, and enhancing efficiency, Palladyne AI is paving the way for a future where machines can excel in tasks that were once considered beyond their reach. For more information, please visit www.palladyneai.com and connect with us on LinkedIn at www.linkedin.com/company/palladyneaicorp. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including the potential for full operational readiness and ultimate scalability of Palladyne IQ, the integration of Palladyne IQ into remediation activities, the ability Palladyne IQ may have to augment industrial robots for aircraft sustainment, the capabilities or future capabilities of Palladyne AI’s software platform and products generally, the benefits of the software platform and products and the industries that could benefit from them, the impact of the software platform and products on robotics and the applicability of the software platform to different kinds of machines (such as UAVs, UGVs and ROVs and different available industrial robots). 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 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 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 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’s website at www.sec.gov.

Related News