
Palladyne AI Corp
PDYN · NASDAQ · Technology / Software - Infrastructure
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Full chartMarket Stats
About
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.
Company Details
- SectorTechnology
- IndustrySoftware - Infrastructure
- CEOMr. Benjamin G. Wolff J.D.
- Employees161
- Headquarters650 South 500 West, Salt Lake City, UT, United States, 84101, USA
- Websitehttps://www.palladyneai.com
Leadership
- Mr. Benjamin G. Wolff J.D.Co-Founder, President, CEO & Director · b. 1969
- Dr. Denis GaragicCo- Founder & CTO · b. 1970
- Mr. Steve Sonne J.D.Chief Legal Officer & Secretary · b. 1969
- Mr. Matthew Shigenobu MutaPresident of Commercial & Industrial · b. 1970
- Mr. Trevor ThatcherChief Financial Officer · b. 1986
- Ms. Kristi MartindaleChief Commercial Officer · b. 1967
- Mr. Doug DynesPresident of Palladyne Aerospace & Defense
- Mr. Kevan JohnstonPresident of Palladyne Manufacturing
- Mr. Michael Ross DillChief Operating Officer for Palladyne Aerospace & Defense · b. 1966
- Mr. James CookPresident of GuideTech
Financials
Income Statement
Balance Sheet
Cash Flow
Earnings
Key Statistics & Ratios
Analyst Ratings
- Strong Buy1
Ownership Breakdown
- Institutions
- 26.54%
- Insiders
- 34.20%
- Retail / Other
- 39.26%
Top Institutional Holders
- BlackRock Inc2.21M4.48%
- Vanguard Capital Management, LLC1.39M2.82%
- Geode Capital Management, LLC781.90K1.58%
- State Street Corp631.18K1.28%
- Themes Management Company, LLC520.21K1.05%
- UBS Group AG390.69K0.79%
- Susquehanna International Group, LLP352.04K0.71%
- Millennium Management LLC310.88K0.63%
- Northern Trust Corp236.05K0.48%
- Vanguard Fiduciary Trust Co222.00K0.45%
- Morgan Stanley - Brokerage Accounts193.67K0.39%
- Vanguard Portfolio Management, LLC174.53K0.35%
- The Goldman Sachs Group Inc151.01K0.31%
Top Fund Holders
- Vanguard MStar Total Stk Mkt Idx Invest1.05M2.14%
- iShares Russell 2000 ETF947.93K1.92%
- Themes Humanoid Robotics ETF510.92K1.04%
- Fidelity Small Cap Index395.19K0.80%
- iShares Russell 2000 Value ETF248.76K0.50%
- Vanguard Russell 2000 ETF207.62K0.42%
- Fidelity Extended Market Index170.97K0.35%
Stock Splits
- Jul 6, 20231:6