Palladyne AI Corp.·Technology

SALT LAKE CITY--(BUSINESS WIRE)--Palladyne AI Secures Additional Foundational Swarming U.S. Patent on AI-Driven Path Creation, Target Detection, and Behavioral Prediction.

SALT LAKE CITY--(BUSINESS WIRE)--Palladyne AI (NASDAQ: PDYN), a U.S.-based defense and industrial technology company commercializing embedded AI, collaborative autonomy, and advanced avionics for defense markets, today announced it has been invited to participate in Northern Strike 26-2, a premier U.S. Department of War joint exercise, where the company will execute a high-impact validation exercise of its next-generation swarm autonomy platform, further solidifying its position in the rapidly.

PDYN is evolving into a vertically integrated defense platform spanning autonomy software, avionics, UAVs, precision machining, and production. Its recent GuideTech, Warnke, and MKR acquisitions strengthen PDYN's in-house capabilities and long-term strategic value. PDYN can now design, prototype, and manufacture a broader range of defense applications in a much faster development/commercialization cycle.

SALT LAKE CITY--(BUSINESS WIRE)--Palladyne AI Subsidiary Selected by U.S. Navy to Develop Low Cost Near Hypersonic Missile.

SALT LAKE CITY--(BUSINESS WIRE)--Palladyne AI Corp. (Nasdaq: PDYN and PDYNW) (“Palladyne AI”), a U.S.-based defense and industrial technology company delivering embodied artificial intelligence software and autonomy solutions, today announced that effective March 10, 2026, the Compensation Committee of Palladyne AI's Board of Directors approved the grant of, in the aggregate, 107,932 restricted stock units, or RSUs, as material inducements to seven employees entering into employment with a subs.

PDYN reports a narrower year-over-year Q4 loss as revenues surge 118%, driven by contributions from recently acquired businesses and continued investment in defense technologies, partly offset by higher operating costs.
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.
Technology
Software - Infrastructure
71
2021-09-27
3.75