Palladyne AI's GuideTech Subsidiary Wins Navy Contract for Hypersonic Missile Development

Wednesday, Mar 18, 2026 8:24 am ET1min read
PDYN--

Palladyne AI shares rose 12.9% in premarket trading after the company announced a contract with the US Navy to develop an air-launched, near-hypersonic missile. The contract is for the GuideTech subsidiary to create a long-range, low-cost missile.

Palladyne AI's GuideTech Subsidiary Wins Navy Contract for Hypersonic Missile Development

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