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) software platform enables robots to observe, learn, reason, and act in structured and unstructured environments.
The company’s software platform enables 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 and with minimal robot training.
It serves customers from various industries, such as industrial manufacturing, warehousing and logistics, defense, infrastructure maintenance and repair, energy, aerospace and aviation, and others.
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. was founded in 2017 and is headquartered in Salt Lake City, Utah.
| Country | United States |
| Founded | 1983 |
| Industry | Software - Infrastructure |
| Sector | Technology |
| Employees | 70 |
| 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 |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| CIK Code | 0001826681 |
| ISIN Number | US80359A2050 |
| SIC Code | 7372 |
Key Executives
| Name | Position |
|---|---|
| Laura J. Peterson | Executive Vice Chairman |
| Dr. Denis Garagic | Co- Founder and Chief Technology Officer |
| Dr. Fraser Smith | Co-Founder and Chief Innovation Officer |
| Trevor Thatcher | Chief Financial Officer |
| Steve Sonne J.D. | Chief Legal Officer and Secretary |
| Matt Vogt | Chief Revenue Officer |
| Kristi Martindala | Chief Commercial Officer |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Nov 20, 2024 | S-1 | General form for registration of securities under the Securities Act of 1933 |
| Nov 20, 2024 | S-8 | Securities to be offered to employees in employee benefit plans |
| Nov 14, 2024 | D | Notice of Exempt Offering of Securities |
| Nov 13, 2024 | 424B5 | Filing |
| Nov 13, 2024 | 10-Q | Quarterly Report |
| Nov 4, 2024 | SC 13D/A | [Amend] General statement of acquisition of beneficial ownership |
| Oct 31, 2024 | 424B5 | Filing |
| Oct 31, 2024 | 8-K | Current Report |
| Oct 31, 2024 | FWP | Free Writing Prospectus |
| Oct 31, 2024 | 8-K | Current Report |