Palladyne AI Wins U.S. Navy Contract for Near-Hypersonic Long-Range Missile
Palladyne AI Corp. (Nasdaq: PDYN, PDYNW) subsidiary GuideTech has been awarded a contract by the U.S. Navy to develop a new Air-Launched Rapid Response Missile (ALRRM) — a near hypersonic, long-range, low-cost air-breathing weapon system designed for modern strike needs. The ALRRM aims to deliver Mach 4+ speeds over distances exceeding 350 nautical miles while…
