Palladyne AI Corp.
NASDAQ Global MarketCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Benjamin G. Wolff
- Full Time Employees
- 71
- Sector
- Technology
- Industry
- Software - Infrastructure
- Address
- 650 South 500 West Salt Lake City UT United States of America 84101
- IPO Date
- Sep 27, 2021
- CIK
- 0001826681
- Website
- palladyneai.com
- Similar Companies
- Business
- Palladyne AI Corp. (Nasdaq: PDYN) develops artificial intelligence software that enhances the utility and functionality of third-party stationary and mobile robotic systems, enabling robots and unmanned platforms to observe, learn, reason, and act autonomously in structured and unstructured environments through edge-based, real-time operations without cloud dependency. The company offers Palladyne IQ, a closed-loop autonomy software providing human-like reasoning for industrial robots and collaborative robots (cobots) to handle complex tasks, disruptions, and dynamic conditions; Palladyne Pilot for unmanned aerial systems (UAS) such as Class 1 UAVs, supporting persistent detection, identification, tracking, classification, and multi-drone situational awareness via fused multi-modal sensor data; and foundational AI/ML technologies that allow rapid adaptation with minimal training data and power. Founded in 1983 and headquartered in Salt Lake City, Utah, Palladyne AI serves industries including manufacturing, warehousing, logistics, automotive, aviation, construction, defense, infrastructure inspection, energy, and aerospace, primarily in the United States with integration across commercial robots and UAS. In November 2025, the company launched Palladyne Defense, a new vertically integrated division formed through the $31 million acquisition of GuideTech LLC for avionics, flight software, and engineering services, and the Crucis companies—Warnke Precision Machining and MKR Fabricators—for U.S.-based precision manufacturing, fabrication, and assembly capabilities serving primes like Lockheed Martin and Kratos; this strategic move combines embodied AI with domestic production to address Department of Defense modernization priorities, targets tripling 2024 revenue of $7.8 million by 2026, and includes an $10 million backlog plus potential $25 million earnout for GuideTech upon hitting revenue milestones. Formerly Sarcos Technology and Robotics Corporation, Palladyne AI rebranded in March 2024 to emphasize its focus on advanced AI software platforms.
Palladyne AI to Participate in Jefferies 2026 Defense Tech Summit
Palladyne AI Appoints Retired Lieutenant General Sean Bernabe and Retired Brigadier General Gwyn Armfield to Defense Advisory Board
Palladyne AI: Autonomy And The 'Relentless Wolfpack'
Palladyne AI Announces Employee Equity Awards
Palladyne: Betting On Swarm AI And Defense Automation
Palladyne AI Corp. (PDYN) Q1 2026 Earnings Call Transcript
Palladyne AI Reports First Quarter 2026 Results
Palladyne AI Selected as One of 14 Companies for AFRL's Relentless Wolfpack Industry Day, Advancing Networked Collaborative Autonomous Weapon Systems
Palladyne AI Announces First Quarter Fiscal 2026 Financial Results Conference Call and Webcast
Palladyne AI Secures Additional Foundational Swarming U.S. Patent on AI-Driven Path Creation, Target Detection, and Behavioral Prediction
Palladyne AI Invited to Northern Strike 26-2, a Premier DoW Exercise, to Demonstrate SwarmOS and IntelliSwarm with Multi-OEM UAV Integration
Long-Term Bullish On Palladyne's AI Vertically Integrated Defense Platform
Palladyne AI Subsidiary Selected by U.S. Navy to Develop Low Cost Near Hypersonic Missile
Palladyne AI Announces Employee Equity Awards
Palladyne AI Q4 Loss Narrows Y/Y on Acquisition-Led Growth
Palladyne AI to Participate in the Defense and Space Infrastructure Panel at the 38th Annual Roth Conference
Palladyne AI Jumps On Earnings - The Market Has Catching Up To Do
Palladyne AI shares surge on strong quarterly report
Palladyne AI Forecasts Fourfold Revenue Growth In 2026
Palladyne AI Corp. (PDYN) Q4 2025 Earnings Call Transcript