Mentioned:
The United States Air Force is getting serious about autonomous drones. And now, they’re even going to start manufacturing their own chips.
What’s happening:
- Palladyne AI (NASDAQ: PDYN) has announced a new deal with the United States Air Force Research Lab to collaborate on migrating Pallaydne AI’s software platform onto American manufactured computing chips
Why it matters:
- Palladyne AI’s artificial intelligence technology runs on the edge, which makes it highly useful for applications in both drones and robotics
Going deeper:
- Initial test flights between the United States Air Force and Palladyne AI validated that military drone operators were both more effective and had less operational burdens when leveraging Pallaydyne AI’s autonomous software platform
- Palladyne AI just recently pulled off their first successful autonomous drone flight which was operated entirely by their own proprietary software platform
The intrigue:
- Palladyne AI’s software currently runs on chips manufactured by Nvidia (NASDAQ: NVDA) and Qualcomm (NASDAQ: QCOM)