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Palladyne subsidiary wins US Navy contract for missile development
short by / on Wednesday, 18 March, 2026
Palladyne AI Corp. surged 12% in pre-market trading after its subsidiary won a US Navy contract to develop a low-cost, near-hypersonic missile. The Air-Launched Rapid Response Missile aims for high speed and long range. The stock became the second most trending ticker on Stocktwits, though retail sentiment remained neutral.
read more at Stocktwits