Palladyne AI Lands More Robotic Software Funding From The Air Force

The United States Air Force is deepening their bet on the future of artificial intelligence technology and robotics. And they’re partnering with a publicly traded company to do it.

What’s happening:

• Palladyne AI (NASDAQ: PDYN) has officially been granted more funding by the United States Air Force for their Palladyne IQ robotics automation software
  

Why it matters:‍

• Palladyne AI has been closely collaborating with the United States Air Force on new breakthroughs in robotics and also just recently successfully completed multiple Military Utility Assessment milestones that validated their artificial intelligence technology is capable of operating fully autonomous commercial robotics systems
  

Going deeper:‍

• The United States Air Force has an existing multi year contract with Palladyne AI through their Air Logistics Complex at Warner Robins Air Force Base located in Georgia and has been testing using robotics to automate maintenance work on complex aircraft components that are repetitive or dangerous for humans to do
  
• Palladyne AI’s software platform is designed to be hardware agnostic and is compatible with multiple different types of robotics
  

The intrigue:‍

• Pallaydyne AI’s software platform has also highly important for drone companies, including just recently notably completing a cross platform collaborative flight with Red Cat Holdings (NASDAQ: RCAT) that used three different types of proprietary drones

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