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Synopsis
Palladyne AI, a developer of artificial intelligence software for robotic applications, completed the acquisition of GuideTech, a designer and builder of advanced flight software, Warnke Precision Machining, and MKR Fabricators, providers of advanced precision machining services, from Crucis, a private investment company for $31m. “This marks a defining inflection point for Palladyne AI. Through the creation of Palladyne Defense, we are transforming from an AI software innovator into a vertically integrated defense technology company. We are combining breakthrough autonomy with American manufacturing strength to create a defense enterprise that is fast and scalable by design. Our ethical embodied AI operates at the edge, enabling machines to perceive, decide and act independently while maintaining alignment with mission objectives and human intent. By uniting our patented AI with proven design, engineering and manufacturing capabilities, we are advancing the Department of War’s modernization priorities through intelligent, resilient, low cost-per-effect, reshored defense systems that strengthen readiness and preserve US technological sovereignty, ensuring America’s ability to build and sustain its own next-generation defense systems,” Ben Wolff, Palladyne AI President and CEO.
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