Palladyne Pilot AI software platform provides
closed-loop autonomous detection, tracking, and control for
unmanned aerial vehicles
Palladyne AI Corp. (NASDAQ: PDYN and PDYNW) (“Palladyne AI”), a
developer of artificial intelligence software for robotic platforms
in the commercial and defense sectors, today announced that the
Company has been awarded a new contract from the Air Force Research
Laboratory (AFRL) to migrate the Palladyne™ Pilot AI
software platform (“Pilot”) to next-generation, U.S. made AI
computing chipsets. This project will take place over a 26-month
period beginning in early 2025.
The Palladyne Pilot software platform is based on the Closed
Loop Ubiquitous Tasking and Control of Heterogeneous Exploring
Sensors (CLUTCHES) framework, which defines a novel AI structure
that combines upstream multi-sensor fusion with adaptive real-time
sensor management on individual unmanned aerial vehicle (UAV)
platforms to facilitate shared situational awareness. Pilot has
been designed to enable a network of collaborating unmanned systems
and multi-modal sensors that self-orchestrate to provide superior
capabilities for applications including intelligence, surveillance,
and reconnaissance (ISR). This real-time sensor management requires
a closed-loop system, a key feature of the Pilot platform.
“Our development work with AFRL on the Pilot AI software
platform has been critical to evolving the technology to benefit
our DoD customers,” said Ben Wolff, CEO, Palladyne AI. “By evolving
Pilot to be able to operate on these next-generation AI chipsets,
in addition to the AI chipsets from Nvidia and Qualcomm that we are
already operating on, we believe we will have the opportunity to
deliver the benefits of our enhanced autonomy Pilot platform to the
vast majority of small drone platforms that will be deployed in the
coming years.”
“Palladyne AI has already made significant progress by porting
its Pilot software platform to some of the latest AI chipsets
currently available. Initial tests of the Pilot software are
demonstrating strong potential to reduce the operational and
cognitive burden on the warfighter while substantially improving
mission effectiveness,” said Dr. Peter Zulch, AFRL. “We believe
that Pilot will offer our Air Force drone operators a powerful tool
for improving tactical missions, and by funding the migration of
Pilot onto new and emerging AI chipsets we hope to expand the
universe of small UAV platforms on which Pilot will be
available.”
For more information on Palladyne AI and its artificial
intelligence software for robotic platforms, please visit
www.palladyneai.com. For more information about AFRL, please visit
www.afrl.af.mil.
About Palladyne AI Corp.
Palladyne AI Corp. (NASDAQ: PDYN) has developed an advanced
artificial intelligence (AI) and machine learning (ML) software
platform poised to revolutionize the capabilities of robots,
enabling them to observe, learn, reason, and act in a manner akin
to human intelligence. Our AI/ML Software Platform empowers robots
to perceive variations or changes in the real-world environment,
enabling them to autonomously maneuver and manipulate objects
accurately in response.
The Palladyne AI/ML Software Platform operates on the edge and
dramatically reduces the significant effort required to program and
deploy robots enabling industrial robots and collaborative robots
(cobots) to quickly achieve autonomous capabilities even in dynamic
and or complex environments. Designed to achieve precise results
with minimal training time, limited data sets, and lower power
requirements, compared to current solutions, Palladyne AI believes
its software has wide application, including in industries such as
automotive, aviation, construction, defense, general manufacturing,
infrastructure inspection, logistics and warehousing. Its
applicability extends beyond traditional robotics to include
Unmanned Aerial Vehicles (UAVs), Unmanned Ground Vehicles (UGVs),
and Remotely Operated Vehicles (ROVs). Palladyne AI’s approach is
expected to elevate the return on investment associated with a
diverse range of machines that are fixed, fly, float or roll.
By enabling autonomy, reducing programming complexity and
enhancing efficiency, we are paving the way for a future where
machines can excel in tasks that were once considered beyond their
reach. For more information, please visit www.palladyneai.com and
connect with us on LinkedIn at
www.linkedin.com/company/palladyneaicorp.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995, including statements regarding the future uses of the
Palladyne IQ software by the Air Force Research Laboratory,
including during Phase II of the contract, the benefits of the
software to the Air Force Research Laboratory, the capabilities or
future capabilities of Palladyne AI’s software platform and
products generally, the benefits of the software platform and
products and the industries that could benefit from them, the
impact of the software platform and products on robotics and the
applicability of the software platform to different kinds of
machines (such as UAVs, UGVs and ROVs and different available
industrial robots). Forward-looking statements are inherently
subject to risks, uncertainties, and assumptions. Generally,
statements that are not historical facts, including statements
concerning possible or assumed future actions, business strategies,
events, or results of operations, are forward-looking statements.
These statements may be preceded by, followed by, or include the
words “believes,” “estimates,” “expects,” “projects,” “forecasts,”
“may,” “will,” “should,” “seeks,” “plans,” “scheduled,”
“anticipates,” “intends” or “continue” or similar expressions. Such
forward-looking statements involve risks and uncertainties that may
cause actual events, results, or performance to differ materially
from those indicated by such statements. These forward-looking
statements are based on Palladyne AI’s management’s current
expectations and beliefs, as well as a number of assumptions
concerning future events. However, there can be no assurance that
the events, results, or trends identified in these forward-looking
statements will occur or be achieved. Forward-looking statements
speak only as of the date they are made, and Palladyne AI is not
under any obligation and expressly disclaims any obligation, to
update, alter or otherwise revise any forward-looking statement,
whether as a result of new information, future events, or
otherwise, except as required by law.
Readers should carefully review the statements set forth in the
reports which Palladyne AI has filed or will file from time to time
with the Securities and Exchange Commission (the “SEC”), in
particular the risks and uncertainties set forth in the sections of
those reports entitled “Risk Factors” and “Cautionary Note
Regarding Forward-Looking Statements,” for a description of risks
facing Palladyne AI and that could cause actual events, results or
performance to differ from those indicated in the forward-looking
statements contained herein. The documents filed by Palladyne AI
with the SEC may be obtained free of charge at the SEC’s website at
www.sec.gov.
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Investor Contact: IR@palladyneai.com
Press Contact: PR@palladyneai.com
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