Palladyne AI Corp.

6.53
0.36 (5.83%)
At close: Mar 28, 2025, 3:59 PM

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 Corp. logo
Country United States
IPO Date n/a
Industry Software - Infrastructure
Sector Technology
Employees 71
CEO Benjamin G. Wolff J.D.

Contact Details

Address:
650 South 500 West
Salt Lake City, Utah
United States
Website https://www.palladyneai.com

Stock Details

Ticker Symbol n/a
Exchange NASDAQ
Fiscal Year n/a
Reporting Currency USD
CIK Code n/a
CUSIP Number n/a
ISIN Number US80359A2050
Employer ID -
SIC Code n/a

Key Executives

Name Position
Benjamin G. Wolff J.D. Co-Founder, President, Chief Executive Officer & Director
Dr. Denis Garagic Co- Founder & Chief Technology Officer
Steve Sonne J.D. Chief Legal Officer & Secretary
Trevor Thatcher Chief Financial Officer
Dr. Fraser Smith Co-Founder & Chief Innovation Officer
Kristi Martindale Chief Commercial Officer
Matt Vogt Chief Revenue Officer

Latest SEC Filings

No SEC filings available.