BRIEF-Palladyne AI announced acquisitions of guidetech and two Crucis companies

Reuters11-17

Nov 17 (Reuters) - Palladyne AI Corp PDYN.O:

PALLADYNE AI CORP: ANNOUNCED ACQUISITIONS OF GUIDETECH AND TWO CRUCIS COMPANIES
PALLADYNE AI CORP: TRANSACTIONS EXPECTED TO MORE THAN TRIPLE PALLADYNE AI'S 2024 REVENUE OF $7.8 MILLION IN 2026
PALLADYNE AI CORP: COMBINED PURCHASE PRICE FOR ACQUISITIONS IS APPROXIMATELY $31 MILLION

Source text: nBwXWT59a

Further company coverage: PDYN.O

((Reuters.Briefs@thomsonreuters.com;))

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