Merlin Inc. (NASDAQ:MRLN) shares are trending on Thursday night.
MRLN shares jumped 32.71% in after-hours trading to $9.49 on Thursday after the company announced the successful completion of the Critical Design Review (CDR) for its C-130J autonomy program with the U.S. Special Operations Command (USSOCOM).
What You Should Know
The C-130J Autonomy Program is a joint initiative between USSOCOM and Merlin to develop an AI-powered autonomy stack for the C-130J Super Hercules, one of the U.S. military’s tactical airlifters. The program aims to reduce crew workload across all phases of flight.
The completion of the CDR under Merlin’s existing IDIQ contract advances the program from design development into aircraft integration and a structured formal test campaign, including aircraft-level testing.
