Palladyne AI (NASDAQ:PDYN), a U.S.-based defense and industrial technology company commercializing embedded AI, collaborative autonomy, and advanced avionics for defense markets, today announced that Palladyne AI subsidiary GuideTech was selected as one of only 14 companies invited to participate in the Relentless Wolfpack Industry Day, hosted by the Air Force Research Laboratory (AFRL) in collaboration with the Doolittle Institute on April 28–29, 2026. This AFRL invite only event brought together a select cohort of defense innovators and government stakeholders to accelerate the development and integration of next-generation operational capabilities, with a specific focus on networked collaborative autonomous weapon salvos. SwarmOS™ was included in the submission by a major Tier 1 defense prime and GuideTech. No other hardware agnostic autonomous swarming solutions participated.

GuideTech's invitation places it alongside some of the most consequential names in the defense industrial base creating a deliberate alignment of cutting-edge technology providers with mission-critical government priorities. The event is structured to foster direct collaboration between government and industry, with each participating company contributing to focused capability briefings, structured discussions, and interactive Q&A sessions with AFRL stakeholders and acquisition decision-makers.

As part of this select cohort, GuideTech and its affiliates under Palladyne AI will leverage GuideTech's flight-tested, low-cost SwarmStrike™ cruise missile alongside Palladyne's flight-proven SwarmOS collaborative autonomy software to deliver an open standards-based collaborative autonomy cruise missile solution. This integrated platform is engineered for interoperable, networked salvos capable of combining effects on target, incorporating recent battle data through rapid software updates, and operating alongside weapons from other vendors in a complex, contested battlespace, precisely the operational environment that defines modern multi-domain warfare.

SwarmOS was also incorporated into the submission of a separate defense prime participating in the cohort, a significant third-party validation of its interoperability and its growing recognition as an open-standard autonomy platform of choice.

Palladyne AI companies' inclusion in this highly selective cohort reflects both the maturity of its hardware and the operational readiness of Palladyne's autonomy software. The Relentless Wolfpack Industry Day is specifically structured to validate and accelerate the fielding of networked autonomous weapon capabilities—a domain where Palladyne AI's vertically integrated approach, combining proprietary flight-tested hardware with platform-agnostic collaborative autonomy software, provides a distinct and differentiated advantage. This open architecture enables rapid interoperability with weapons from other vendors, a capability increasingly demanded by the Department of War as it prioritizes cost-effective, distributed, and rapidly deployable force multipliers.

"Being selected is a direct validation of what we have built," said Doug Dynes, President of Palladyne Aerospace and Defense. "The Relentless Wolfpack program demands exactly what GuideTech and Palladyne AI deliver—a flight-tested strike platform and proven collaborative autonomy software that can execute networked salvos with other vendors' weapons in the most contested environments imaginable. This is not a concept or a roadmap. SwarmStrike and SwarmOS are real, and they are ready to transition into programs of record. Our selection and participation at this Industry Day is a critical step in that path."

Palladyne AI's participation in the Relentless Wolfpack Industry Day represents a significant strategic inflection point, including direct engagement with AFRL program managers and government acquisition stakeholders, peer recognition alongside key defense primes as a validated innovator in collaborative autonomous weapon systems, and a clear pathway toward contracts, strategic partnerships, and potential programs of record in one of the most rapidly expanding segments of the defense market.

As global defense priorities accelerate toward networked, distributed, and cost-effective autonomous force multipliers, Palladyne AI and its subsidiaries are strategically positioned to capture a meaningful share of this rapidly expanding market opportunity. For more information, please visit https://www.palladyneai.com.

About Palladyne AI

Palladyne AI (NASDAQ:PDYN) is a U.S.-based defense and technology company delivering patented embodied artificial intelligence, collaborative autonomy solutions, advanced avionics, autonomous systems, and precision-manufactured components for defense and industrial markets. Through its GuideTech engineering services subsidiary and its manufacturing companies, Palladyne AI operates as a vertically integrated platform capable of executing across the full value chain — from component production and systems integration to autonomy software and mission-level orchestration.

Palladyne AI's embodied AI is designed to operate in complex, contested, and high-risk environments, enabling distributed tasking, human-on-the-loop decision-making, degraded-communications resilience, and multi-domain coordination. Its platform-agnostic autonomy stack combines real-time sensor fusion, adaptive AI models, and edge-native orchestration — without vendor lock-in — across air, ground, maritime, and industrial domains.

Palladyne Defense, the company's defense contracting division, is positioned as a mid-tier U.S. technology prime, bridging advanced autonomy, practical engineering, and American manufacturing to bring intelligent systems into active service faster and more cost-effectively than legacy approaches. Palladyne Defense delivers software, components, subsystems, and complete loitering munition systems aligned with the Department of Defense's growing demand for cost-effective, rapidly deployable, and domestically produced capabilities.

All Palladyne AI platforms are American-developed and operated, designed to meet the stringent requirements of U.S. government customers, including data sovereignty, security, and compliance. For more information, visit www.palladyneai.com.information.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements related to GuideTech's participation in the Relentless Wolfpack Industry Day; the expected goals to be pursued following the event; expected benefits and capabilities of SwarmStrike and SwarmOS; the possibility of future contracts, partnerships or programs of record; and future defense priorities and market opportunities. Generally, statements that are not historical facts, including statements concerning possible or assumed future actions, business strategies, events, or results of operations, are forward-looking statements. These statements may be preceded by, followed by, or include the words "believes," "estimates," "expects," "projects," "forecasts," "may," "will," "should," "seeks," "plans," "scheduled," "anticipates," "intends" or "continue" or similar expressions. Such forward-looking statements involve risks and uncertainties that may cause actual events, results, or performance to differ materially from those indicated by such statements. Forward-looking statements speak only as of the date they are made, and Palladyne AI is not under any obligation and expressly disclaims any obligation to update, alter, or otherwise revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required by law.

Readers should carefully review the statements set forth in the reports which Palladyne AI has filed or will file from time to time with the Securities and Exchange Commission (the "SEC"), in particular the risks and uncertainties set forth in the sections of those reports entitled "Risk Factors" and "Cautionary Note Regarding Forward-Looking Statements," for a description of risks facing Palladyne AI and that could cause actual events, results, or performance to differ from those indicated in the forward-looking statements contained herein. The documents filed by Palladyne AI with the SEC may be obtained free of charge at the SEC's website at www.sec.gov.

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Palladyne AI Investor Contact:

Brian S. Siegel, IRC®, M.B.A.

Senior Managing Director

Hayden IR - Chicago

(346) 396-8696 (o)

brian@haydenir.com

IR@palladyneai.com

Palladyne AI Press Contact:

Heath Meyer

(858) 768-1527

PR@palladyneai.com

Palladyne AI Selected as One of 14 Companies for AFRL's Relentless Wolfpack Industry Day, Advancing Networked Collaborative Autonomous Weapon Systems