Palladyne AI subsidiary wins U.S. Navy contract for hypersonic missile
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Palladyne AI Subsidiary Selected by U.S. Navy to Develop Low Cost Near Hypersonic Missile
March 18, 2026 7:00 AM EDTSALT LAKE CITY--(BUSINESS WIRE)-- Palladyne AI Corp. (Nasdaq: PDYN and PDYNW) subsidiary, GuideTech (Palladyne AI) has been awarded a contract by the U.S. Navy to develop an air-launched, near hypersonic long-range, low cost missile (Air-Launched Rapid Response Missile or ALRRM).
The ALRRM is expected to deliver nearly hypersonic speed and long range at a fraction of the cost of... More
