Palladyne AI Corp. (PDYN)
NASDAQ: PDYN · Real-Time Price · USD
6.33
+0.65 (11.44%)
At close: May 8, 2025, 4:00 PM
6.61
+0.28 (4.42%)
Pre-market: May 9, 2025, 9:13 AM EDT

Company Description

Palladyne AI Corp., a software company, focuses on delivering software that enhances the utility and functionality of third-party stationary and mobile robotic systems in the United States.

Its Artificial Intelligence (AI)/ Machine Learning (ML) Foundational Technology enables robots to observe, learn, reason, and act in structured and unstructured environments.

In addition, the company’s technologies enable robotic systems to perceive their environment and quickly adapt to changing circumstances by generalizing from their experience using dynamic real-time operations without extensive programming, training, or the latency associated with processing in the cloud.

Further, it offers Palladyne IQ used with industrial robots and cobots, enabling them to learn multiple tasks and handle disruptions or obstacles; and develops Palladyne Pilot for use with unmanned platform, such as Class 1 UAVs to enable persistent detection, identification, tracking, and classification of objects of interest by sharing situational awareness information across multiple drones that is derived by fusing multi-modal sensor data.

It serves industrial manufacturing, defense, infrastructure maintenance, repair and surveillance, energy, and aerospace and aviation industries.

The company was formerly known as Sarcos Technology and Robotics Corporation and changed its name to Palladyne AI Corp. in March 2024.

Palladyne AI Corp. is headquartered in Salt Lake City, Utah.

Palladyne AI Corp.
Palladyne AI logo
Country United States
Founded 1983
Industry Software - Infrastructure
Sector Technology
Employees 71
CEO Benjamin Wolff

Contact Details

Address:
650 South 500 West, Suite 150
Salt Lake City, Utah 84101
United States
Phone 888 927 7296
Website palladyneai.com

Stock Details

Ticker Symbol PDYN
Exchange NASDAQ
Stock Type Common Stock
Fiscal Year January - December
Reporting Currency USD
CIK Code 0001826681
CUSIP Number 80359A205
ISIN Number US80359A2050
SIC Code 7372

Key Executives

Name Position
Benjamin G. Wolff J.D. Co-Founder, President, Chief Executive Officer and Director
Dr. Denis Garagic Co- Founder and Chief Technology Officer
Steve Sonne J.D. Chief Legal Officer and Secretary
Dr. Fraser Smith Co-Founder and Chief Innovation Officer
Trevor Thatcher Chief Financial Officer
Kristi Martindale Chief Commercial Officer
Matt Vogt Chief Revenue Officer

Latest SEC Filings

Date Type Title
May 8, 2025 144/A Filing
May 8, 2025 144 Filing
May 7, 2025 10-Q Quarterly Report
Apr 28, 2025 144 Filing
Apr 25, 2025 SCHEDULE 13G/A Filing
Apr 22, 2025 ARS Filing
Apr 22, 2025 DEFA14A Additional definitive proxy soliciting materials and Rule 14(a)(12) material
Apr 22, 2025 DEF 14A Other definitive proxy statements
Apr 15, 2025 SCHEDULE 13G Filing
Apr 11, 2025 PRE 14A Other preliminary proxy statements