Company Description
Palladyne AI Corp., a technology company, develops and offers embodied artificial intelligence software and collaborative autonomy solutions in the United States.
Its Artificial Intelligence (AI)/ Machine Learning (ML) Foundational Technology enables robots to observe, learn, reason, and act in unstructured.
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 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.
| Country | United States |
| Founded | 2017 |
| Industry | Software - Infrastructure |
| Sector | Technology |
| Employees | 161 |
| 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 | PDYNW |
| Exchange | NASDAQ |
| Stock Type | Warrants |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| CIK Code | 0001826681 |
| ISIN Number | US80359A1144 |
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 |
| Matthew Shigenobu Muta | President of Commercial and Industrial |
| Trevor Thatcher | Chief Financial Officer |
| Kristi Martindale | Chief Commercial Officer |
| Doug Dynes | President of Palladyne Defense |
| Kevan Johnston | President of Palladyne Manufacturing |
| James Cook | President of GuideTech |