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- $319.8MMarket Cap
- -18.53%1-Year Change
- Software - InfrastructureIndustry
Palladyne AI (PDYN)
Key Performance
More- Earnings Score: N/A
- Momentum Score: 71
- True Yield: N/A
- Financial Health Score: N/A
Latest Research & News
3 Under-The-Radar Defense Tech Stocks — Small Caps With Real Pentagon Contracts
Three small-cap defense tech companies—BigBear.ai (BBAI), Palladyne AI (PDYN), and Ondas (ONDS)—are building significant Pentagon contract backlogs and demonstrating strong growth. BigBear.ai has a $281.9M backlog with 17% revenue growth guidance; Palladyne AI announced a strategic partnership with Israel Aerospace Industries for loitering munition systems; and Ondas raised its 2026 revenue target to $390M+ after 10-fold Q1 growth. While these stocks offer exposure to defense AI spending trends, they carry execution risk and balance sheet challenges.
06/10/2026, 10:12 AM • Benzinga
Companies Unveiling Autonomous Defense System Amid Surge Toward $43 Billion Global Market
The global autonomous defense systems market is experiencing rapid growth, projected to expand from $69.8 billion in 2026 to $198.9 billion by 2034 (14% CAGR). Key developments include VisionWave's expansion of its multi-domain intelligence platform across defense and energy sectors, Draganfly and Palladyne AI's successful autonomous swarm capabilities testing, GE Aerospace and Palantir's partnership expansion for military aviation readiness, and Kratos Defense's selection to develop 5G Non-Terrestrial Network ground systems.
03/30/2026, 8:45 AM • Benzinga
Billions in Flight: AI and Autonomous Drone Technologies Set to Disrupt Global Markets
AI-powered autonomous drones are transforming logistics, defense, and infrastructure sectors with the global AI-in-drone market projected to grow from $12.3 billion in 2024 to over $51.3 billion by 2033. Key developments include ZenaTech's integrated counter-UAS system combining interceptor drones with AI software, Draganfly and Palladyne AI's successful swarm autonomy integration, and AgEagle's eBee VISION system selection by the U.S. Army for training programs.
03/25/2026, 8:30 AM • Benzinga
Mobilicom and Palladyne AI announced a cooperation agreement to bundle Palladyne's AI autonomy software with Mobilicom's OS3 cybersecurity solution for drones, industrial robots, and unmanned systems, offering enhanced security and autonomous capabilities.
06/26/2025, 7:00 AM • GlobeNewswire
Peers
Statistics
MoreInformation as of 06/22/2026
Company Profile
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
- Denis Garagic
- Steve Sonne
- Kristi Martindale
- Matthew Shigenobu Muta
- Benjamin G. Wolff
Current Ownership Distribution
- Institutions48.0M (77.64%)
- Insiders10.1M (16.31%)
- Mutual Funds3.7M (6.05%)
- Other0 (0.00%)