Palladyne AI Corp. has announced that it has secured a contract with a major U.S. defense prime contractor to deliver a key propulsion subsystem for an existing U.S. missile system program. The contract involves the supply of a mission-critical subsystem supporting missile propulsion, with deliverables expected to be completed by the end of the third quarter of 2026. The company anticipates generating revenues approaching $1 million from this contract, all of which are expected to be recognized in 2026. This order is part of Palladyne AI’s strategy to expand its presence within the U.S. defense industrial base and contribute to long-lifecycle weapons programs.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Palladyne Ai Corp. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260203419980) on February 03, 2026, and is solely responsible for the information contained therein.