Palladyne AI (PDYN) Jumps Into Spotlight With SwarmOS Army Exercise

Palladyne AI Corp (NASDAQ:PDYN) is one of the best AI stocks under $10 to buy now. The stock is backed by 15 hedge funds, and analysts expect the shares to surg

Palladyne AI (PDYN) Jumps Into Spotlight With SwarmOS Army Exercise
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Palladyne AI Corp (NASDAQ:PDYN) is one of the best AI stocks under $10 to buy now. The stock is backed by 15 hedge funds, and analysts expect the shares to surge more than 88% from the current price over the next 12 months. Palladyne shares are already up roughly 50% year-to-date.

On June 16, Palladyne AI Corp (NASDAQ:PDYN) announced that it tested its drone-swarming software during a recent US Army exercise. The company said that its SwarmOS software and Gremlin-X reusable mini-bomber drone were put to demanding tests during the exercise and proved their capability. The live multi-domain fire support and command-control exercise was conducted by the 4th Infantry Division of the US Army.

In that exercise, Palladyne integrated its SwarmOS software with the Army's command-and-control system. This enabled a single operator to control multiple drones doing different tasks simultaneously. It said the software worked in a difficult environment without cloud dependency.

Palladyne co-founder and chief technology officer, Denis Garagic, commented that they cleared a key technical threshold for battlefield autonomy. Garagic noted that SwarmOS enabled a fleet of drones to autonomously adap

Fuente original: Yahoo Finance (https://finance.yahoo.com/technology/ai/articles/palladyne-ai-pdyn-jumps-spotlight-210536015.html)

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