Palladyne AI Corp. (PDYNW)
NASDAQ: PDYNW · Real-Time Price · USD · Warrants
0.3600
+0.0375 (11.63%)
At close: Aug 1, 2025, 4:00 PM
0.3200
-0.0400 (-11.11%)
After-hours: Aug 1, 2025, 6:34 PM 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
CountryUnited States
Founded2017
IndustrySoftware - Infrastructure
SectorTechnology
Employees71
CEOBenjamin Wolff

Contact Details

Address:
650 South 500 West, Suite 150
Salt Lake City, Utah 84101
United States
Phone888 927 7296
Websitepalladyneai.com

Stock Details

Ticker SymbolPDYNW
ExchangeNASDAQ
Stock TypeWarrants
Fiscal YearJanuary - December
Reporting CurrencyUSD
CIK Code0001826681
ISIN NumberUS80359A1144

Key Executives

NamePosition
Benjamin G. Wolff J.D.Co-Founder, President, Chief Executive Officer and Director
Dr. Denis GaragicCo- Founder and Chief Technology Officer
Steve Sonne J.D.Chief Legal Officer and Secretary
Dr. Fraser SmithCo-Founder and Chief Innovation Officer
Trevor ThatcherChief Financial Officer
Kristi MartindaleChief Commercial Officer