Palladyne AI Corp logo

PDYNWPalladyne AI Corp

NASDAQ

$0.01

-$0.00 (-13.33%)

Palladyne AI Corp (PDYNW) common stock listed on NASDAQ. It is led by Benjamin G. Wolff J.D., based in 650 South 500 West, Salt Lake City, UT, United States, 84101, with about 161 employees. 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.

Latest reported PDYNW revenue for 2025-09-30 was $860.0K. Net income was -$3.7M. Revenue was down 15.3% from 2025-06-30 to 2025-09-30.

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About Palladyne AI Corp

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.

PDYNW Key Statistics

Market Cap

$0.00M

Volume

37,571

Previous Close

$0.01

Day Range

$0.01$0.01

00

EPS

-$2.71

Revenue

$7.79M

Net Income

-$72.62M

Gross Profit

$0.00

Free Cash Flow

$0.00

Revenue Growth

+26.7%

Profit Margin

-932.7%

Employees

161

PDYNW Financials

Annual income statement in USD. Latest reported periods first.

PDYNW annual income statement across FY2024, FY2023, FY2022, FY2021
LineFY2024FY2023FY2022FY2021
Revenue$7.79M$6.15M$14.57M$5.08M
Cost of Revenue$0.00$0.00$0.00$0.00
Gross Profit$0.00$0.00$0.00$0.00
Operating Income$0.00$0.00$0.00$0.00
Net Income-$72.62M-$115.59M-$157.13M-$81.51M
EPS (Diluted)-$2.71-$4.51-$6.42-$0.72

Total Assets

$56.25M

Total Debt

$0.00

Shareholders' Equity

$0.00

Cash & Equivalents

$31.19M

Operating Cash Flow

-$22.63M

Free Cash Flow

$0.00

Palladyne AI Corp Company Information

Co-Founder, President, CEO & Director
Benjamin G. Wolff J.D.
Headquarters
650 South 500 West, Salt Lake City, UT, United States, 84101
Phone
888 927 7296
IPO / Founded
2021-03-08
Data Updated:

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