Palladyne AI Corp. (PDYN)

NGM – Real Time Price. Currency in USD

6.71

+0.12 (1.82%)

At close: May 12, 2026, 4:00 PM EDT

6.63

-0.08 (-1.17%)

After-hours: May 12, 2026, 7:56 PM EDT

About the company

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.

Key Executives

Name	Position
Dr. Denis Garagic	Co- Founder & CTO
Mr. Benjamin G. Wolff J.D.	Co-Founder, President, CEO & Director
Mr. Doug Dynes	President of Palladyne Defense
Mr. James Cook	President of GuideTech
Mr. Kevan Johnston	President of Palladyne Manufacturing
Mr. Matthew Shigenobu Muta	President of Commercial & Industrial