Craft

Palladyne AI

Stock Price

$2.3

2024-10-29

Market Capitalization

$61.6 M

2024-10-29

Revenue

$5.2 M

FY, 2025

Palladyne AI Summary

Company Summary

Overview
Palladyne AI (formerly known as Sarcos Technology and Robotics) is a company developing and offering embodied artificial intelligence software and collaborative autonomy solutions. It also provides avionics, unmanned aerial vehicles, advanced UAV engineering services, and precision-manufactured components. The company caters to defense, public safety, manufacturing, logistics, oil and gas, construction, transportation, mining, infrastructure inspection, and healthcare markets.
Type
Public
Status
Active
Founded
1983
HQ
Salt Lake City, UT, US | view all locations
Website
https://www.palladyneai.com/
Cybersecurity rating
ESG rating
40-49 out of 100|View all ESG data
Sectors

Key People

  • Denis Garagić

    Denis Garagić, Chief Technology Officer & Co-Founder

  • Kristi Martindale

    Kristi Martindale, Chief Commercial Officer

  • Benjamin G. Wolff

    Benjamin G. Wolff, President & CEO, Director, Co-Founder

  • Steve Sonne

    Steve Sonne, Chief Legal Officer & Secretary

LocationsView all

1 location detected

  • Salt Lake City, UT HQ

    United States

    650 S 500 W #150

Palladyne AI Financials

Summary Financials

Revenue (Q1, 2026)
$3.5M
Gross profit (Q1, 2026)
$1.1M
Net income (Q1, 2026)
($12.6M)
Cash (Q1, 2026)
$17.9M
EBIT (Q1, 2026)
($11.9M)
Enterprise value
$54.3M

Footer menu