Palladyne AI Overview

  • Year Founded
  • 1983

Year Founded

  • Status
  • Public

  • Employees
  • 70

Employees

  • Stock Symbol
  • PDYN

Stock Symbol

  • Investments
  • 2

  • Share Price
  • $5.94
  • (As of Tuesday Closing)

Palladyne AI General Information

Description

Palladyne AI Corp is a software company focused on autonomy for robotic systems and solutions. Its artificial intelligence and machine learning software seeks to revolutionize the capabilities of robots, enabling them to observe, learn, reason, and act in structured and unstructured environments. AI and ML software platform of the company empowers robots to perceive variations or changes in the real-world environment, enabling them to autonomously maneuver and manipulate objects accurately in response. Palladyne AI software has wide application, including in industries such as automotive, aviation, construction, defense, general manufacturing, infrastructure inspection, logistics and warehousing.

Contact Information

Formerly Known As
Raytheon Sarcos, Sarcos Robotics, Sarcos Technology and Robotics Corporation, Sarcos Technology & Robotics Corporation., Sarcos Technology and Robotics
Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Corporate Office
  • 650 South 500 West
  • Suite 150
  • Salt Lake City, UT 84101
  • United States
+1 (888)
Primary Industry
Business/Productivity Software
Other Industries
Electronic Equipment and Instruments
Stock Exchange
NAS
Corporate Office
  • 650 South 500 West
  • Suite 150
  • Salt Lake City, UT 84101
  • United States
+1 (888)

Palladyne AI Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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Palladyne AI Stock Performance

As of 13-May-2025, Palladyne AI’s stock price is $5.94. Its current market cap is $212M with 35.7M shares.

(As of Tuesday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$5.94 $6.20 $1.30 - $14.95 $212M 35.7M 1.84M -$1.78

Palladyne AI Financials Summary

As of 31-Mar-2025, Palladyne AI has a trailing 12-month revenue of $6.05M.

In Thousands,
USD
TTM 31-Mar-2025 FY 2024 31-Dec-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022
EV 178,057 359,540 (23,739) (46,546)
Revenue 6,055 7,786 6,146 14,569
EBITDA (43,091) (73,031) (113,280) (159,260)
Net Income (42,629) (72,617) (115,593) (157,130)
Total Assets 63,301 56,253 60,426 167,625
Total Debt 10,707 11,036 12,396 13,277
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Palladyne AI Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Palladyne AI Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned

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Palladyne AI Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Palladyne AI Corp is a software company focused on autonomy for robotic systems and solutions. Its artificial intelligen
Business/Productivity Software
Salt Lake City, UT
70 As of 2023

Natick, MA
 

Kochi, India
 
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Palladyne AI Competitors (43)

One of Palladyne AI’s 43 competitors is Cognex, a Formerly VC-backed company based in Natick, MA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Cognex Formerly VC-backed Natick, MA
Asimov Robotics Venture Capital-Backed Kochi, India
Keysight Technologies Corporation Santa Rosa, CA
National Instruments Corporate Backed or Acquired Austin, TX
Yokogawa Electric Corporation Tokyo, Japan
You’re viewing 5 of 43 competitors. Get the full list »

Palladyne AI Patents

Palladyne AI Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20250119982-A1 Closed loop tasking and control of heterogeneous sensor networks Pending 06-Oct-2023
US-20250018584-A1 Robotic article managing end effector with horizontal support platform Pending 12-Jul-2023
US-20240426638-A1 Analog optical positioning sensor, method, and circuit Pending 23-Jun-2023
US-20240367319-A1 Solar panel dispensing device with vertical solar panel hopper loading and dispensing Pending 04-May-2023
US-20240316789-A1 Robotic article handling end effector with capture device having a compliant diaphragm Pending 14-Jan-2023 B25J15/0095
To view Palladyne AI’s complete patent history, request access »

Palladyne AI Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Palladyne AI Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Palladyne AI Acquisitions (2)

Palladyne AI’s most recent deal was a Merger/Acquisition with RE2 Robotics for . The deal was made on 25-Apr-2022.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
RE2 Robotics 25-Apr-2022 Merger/Acquisition Other Hardware
Rotor Acquisition 24-Sep-2021 Merger/Acquisition Special Purpose Acquisition Company (SPAC)
To view Palladyne AI’s complete acquisitions history, request access »

Palladyne AI ESG

Risk Overview

Risk Rating

Updated May, 09, 2023

31.36 | High Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

Management

Management is related to actions taken to manage ESG issues

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

of 15,842

Rank

Percentile

Machinery

Industry

of 589

Rank

Percentile

Industrial Machinery

Subindustry

of 434

Rank

Percentile

To view Palladyne AI’s complete esg history, request access »

Palladyne AI FAQs

  • When was Palladyne AI founded?

    Palladyne AI was founded in 1983.

  • Where is Palladyne AI headquartered?

    Palladyne AI is headquartered in Salt Lake City, UT.

  • What is the size of Palladyne AI?

    Palladyne AI has 70 total employees.

  • What industry is Palladyne AI in?

    Palladyne AI’s primary industry is Business/Productivity Software.

  • Is Palladyne AI a private or public company?

    Palladyne AI is a Public company.

  • What is Palladyne AI’s stock symbol?

    The ticker symbol for Palladyne AI is PDYN.

  • What is the current stock price of Palladyne AI?

    As of 13-May-2025 the stock price of Palladyne AI is $5.94.

  • What is the current market cap of Palladyne AI?

    The current market capitalization of Palladyne AI is $212M.

  • What is Palladyne AI’s current revenue?

    The trailing twelve month revenue for Palladyne AI is $6.05M.

  • Who are Palladyne AI’s competitors?

    Cognex, Asimov Robotics, Keysight Technologies, National Instruments, and Yokogawa Electric are some of the 43 competitors of Palladyne AI.

  • What is Palladyne AI’s annual earnings per share (EPS)?

    Palladyne AI’s EPS for 12 months was -$1.78.

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