Merlin develops AI-powered autonomous flight software and systems for both legacy and next-generation aircraft. Its aircraft-agnostic Merlin Pilot platform integrates navigation, air-traffic communication, obstacle avoidance, and real-time decision-making for military and civil missions. Customers include defense organizations, government agencies, and commercial operators seeking certified takeoff-to-touchdown autonomy.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q4 2024 | 0.9 | — | -13.4 | — |
| Q1 2025 | 0.9 | — | -12.7 | — |
| Q1 2026 | 1 | 15.4% | -91.8 | — |
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