Palladyne AI Corp.
PDYN | NASDAQ
$5.66
+$0.01 (+0.18%)
Sep 22, 2026, 1:58 PM ET · Market open
Company Profile
Palladyne AI Corp. is a software enterprise dedicated to advancing the capabilities and operational effectiveness of third-party robotic systems, both fixed and mobile, within the United States. At its core, the company leverages advanced Artificial Intelligence (AI) and Machine Learning (ML) foundational technology. This proprietary technology empowers robots to perceive, understand, deduce, and execute actions effectively across both predictable and dynamic settings. It allows robotic systems to intrinsically sense their surroundings and rapidly adjust to evolving situations by learning dynamically from their interactions, all while circumventing extensive programming, protracted training, or the inherent latency of cloud-based operations. Among its offerings is Palladyne IQ, a solution designed for industrial robots and collaborative robots (cobots). This software allows these machines to master diverse tasks and efficiently navigate disruptions or obstructions. The company also develops Palladyne Pilot, tailored for unmanned platforms like Class 1 UAVs. This system ensures continuous detection, identification, tracking, and categorization of targets of interest. It achieves this by consolidating multi-modal sensor data and facilitating shared situational awareness across an entire fleet of drones. Palladyne AI serves a broad spectrum of industries, including industrial manufacturing, defense, infrastructure maintenance, repair, and surveillance, as well as the energy and aerospace sectors. Previously known as Sarcos Technology and Robotics Corporation, the company officially adopted the name Palladyne AI Corp. in March 2024. Its headquarters are located in Salt Lake City, Utah.
Key Executives
| Name | Position |
|---|---|
| Benjamin G. Wolff | Co-Founder, President, Chief Executive Officer & Director |
| Denis Garagic | Co- Founder & Chief Technology Officer |
| Michael Ross Dill | Chief Operating Officer for Palladyne Aerospace & Defense |
| Steve Sonne | Chief Legal Officer & Secretary |
| Trevor Thatcher | Chief Financial Officer |
| Doug Dynes | President of Palladyne Aerospace & Defense |
| James Cook | President of GuideTech |
| Kevan Johnston | President of Palladyne Manufacturing |
| Kristi Martindale | Chief Commercial Officer |
| Matthew Shigenobu Muta | President of Commercial & Industrial |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Aug 21, 2026 | 4 | Filing |
| Aug 21, 2026 | 4 | Filing |
| Aug 21, 2026 | 4 | Filing |
| Aug 06, 2026 | 10-Q | Quarterly Report |
| Aug 06, 2026 | 8-K | Current Report |
| Jul 29, 2026 | SC 13G | Statement of acquisition of beneficial ownership b... |
| Jul 08, 2026 | 8-K | Current Report |
| Jun 08, 2026 | 4 | Filing |
| Jun 08, 2026 | 4 | Filing |
| Jun 08, 2026 | 4 | Filing |
Palladyne AI Corp.
| Country | United States |
| IPO Date | Sep 26, 2021 |
| Industry | Software - Infrastructure |
| Sector | Technology |
| Employees | 161 |
| CEO | Benjamin G. Wolff |
Contact Details
650 South 500 West Salt Lake City,
Utah 84101 United States
Stock Details
| Ticker Symbol | PDYN |
| Exchange | NASDAQ |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| CIK Code | 0001826681 |
| CUSIP Number | 80359A205 |
| ISIN Number | US80359A2050 |
| SIC Code | 7372 |
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