Is This Little-Known Defense Stock the Next Palantir?
Palladyne AI (PDYN) stock soared roughly 50% on Jan. 28 after the defense and robotics software company said it has secured a new contract from the U.S. Air Force Research Laboratory (AFRL). According to PDYN’s press release today, AFRL has picked it for its project HANGTIME, aimed at advancing satellite-enabled swarming autonomy across air, land, sea, and space domains. While Palladyne shares have reversed much of their gains in recent hours, they were trading at a year-to-date high of $9.52 on Wednesda ...