By Rob Curran

Shares of Palladyne AI rose premarket after the maker of robotics software received a contract from the U.S. Air Force.

The Air Force will harness the company's SwarmOS artificial-intelligence platform in a project--dubbed Hangtime--intended to coordinate actions of automated hardware, including satellites.

"The Hangtime project is a breakthrough that unites high-altitude assets and situational unmanned systems into one coordinated sensor network--delivering a major advantage for the defense industry," said Chief Technology Officer Denis Garagic, in a statement.

"For the first time, a single AI framework can coordinate assets across multiple domains, including satellites. That means these systems can now think and act together as a team, sharing what they see and learning as conditions change."

Shares of Salt Lake City-based Palladyne surged 30% to $8.52 in premarket trading.

Terms of the contract were not disclosed.

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

January 28, 2026 08:27 ET (13:27 GMT)

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