Draganfly Inc. (NASDAQ:DPRO) shares rose 2% on Tuesday, while Palladyne AI Corp. (NASDAQ:PDYN) slipped 2.6%, after the two companies unveiled a new collaboration to integrate Palladyne’s AI technology into Draganfly’s drone platforms.
The partnership focuses on incorporating Palladyne’s Pilot AI software into Draganfly’s unmanned aerial vehicle (UAV) systems. This edge-based software is designed to allow coordinated drone swarm operations controlled by a single operator, with autonomous target tracking and advanced autopilot interfacing.
Draganfly, a veteran UAV provider with more than two decades of experience in defense, government, and commercial markets, said the integration would enhance its platforms with expanded autonomous swarm functionality and real-time intelligence, surveillance, and reconnaissance capabilities.
“Palladyne AI is enabling drone platforms to incorporate autonomy features that were even recently limited to large and costly systems,” said Cameron Chell, CEO of Draganfly. “By having Palladyne Pilot as an embedded option into our platforms, we continue to expand our modular framework and increase our adaptable, mission-critical autonomy, and swarm capabilities.”
Ben Wolff, President and CEO of Palladyne AI, added that Draganfly “has earned its reputation as one of the most trusted names in UAV innovation.”
The companies noted that any integration of Palladyne Pilot with Draganfly systems outside the U.S. would be subject to the relevant government approvals.