Mentioned:
Two publicly traded companies are partnering up on drone swarm technology. But, why?
What’s happening:
- Draganfly (NASDAQ: DPRO) and Palladyne AI (NASDAQ: PDYN) have successfully integrated Palladyne AI’s SwarmOS software platform across Draganfly’s drones
Why it matters:
- Palladyne AI’s SwarmOS software enables multiple drones to act as a coordinated team that is being managed by one single operator and is capable of functioning in GPS denied environments
Going deeper:
- Draganfly and Palladyne AI have both publicly stated they have completed flight simulations that validated Palladyne AI’s SwarmOS software in Draganfly’s drones
- The United States Air Force Special Operations Command units and a branch of the United States Department of Defense have both previously purchased drones from Draganfly as well as the Canadian military
The intrigue:
- Palladyne AI has been ramping up their ambition to be a dominant player in defense and national security lately, including just recently winning a new contract to produce near hypersonic long range missiles from the United States Navy
