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Investing.com -- Draganfly Inc. (NASDAQ:DPRO) stock rose 2% while Palladyne AI Corp. (NASDAQ:PDYN) shares fell 2.6% as the companies announced plans to collaborate on enhancing Draganfly’s drone capabilities with Palladyne’s AI software.
The partnership aims to integrate Palladyne’s Pilot AI software into Draganfly’s unmanned aerial vehicle platforms. The edge-based software is designed to enable drone swarms to operate collaboratively under the management of a single operator, with capabilities for autonomous target tracking and dynamic autopilot interfacing.
Draganfly , which has provided professional-grade UAV systems to government, defense, and commercial organizations for over two decades, will gain expanded capabilities through this integration, including autonomous swarm operations and real-time intelligence, surveillance, and reconnaissance features.
"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, noted that Draganfly "has earned its reputation as one of the most trusted names in UAV innovation."
The companies indicated that integration of Palladyne Pilot with Draganfly systems outside the United States would require necessary government approvals.
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