Palladyne AI Corp.

Palladyne AI Corp. develops software that enhances the autonomous capabilities of industrial and mobile robotic systems. The company's core technology platform uses artificial intelligence and machine learning to enable robots to perceive, learn, and adapt to complex environments in real time. Rather than relying on cloud-based processing or extensive pre-programming, the software allows robotic systems to generalize from experience and respond dynamically to changing circumstances.

The company offers two primary product lines. Palladyne IQ is designed for stationary and collaborative industrial robots, enabling them to learn multiple tasks and manage disruptions or obstacles autonomously. Palladyne Pilot serves unmanned aerial vehicles and Class 1 UAVs, providing persistent detection, identification, tracking, and classification capabilities through multi-modal sensor fusion and cross-platform situational awareness sharing.

Palladyne serves customers across industrial manufacturing, defense, infrastructure maintenance, energy, and aerospace and aviation sectors. The company operates with 71 full-time employees and is based in Salt Lake City, Utah. Palladyne AI was formerly known as Sarcos Technology and Robotics Corporation before rebranding in March 2024 and is listed on the Nasdaq.