Palladyne AI Corp.
Palladyne AI Corp. (Nasdaq: PALD) is a U.S.-based technology company developing embodied artificial intelligence software and collaborative autonomy solutions for defense and commercial markets. The company operates through two primary business segments: Defense and Public Safety, and Commercial and Industrial. From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Palladyne AI Corp. does
In the company’s own words
Palladyne AI Corp. (Nasdaq: PALD) is a U.S.-based technology company developing embodied artificial intelligence software and collaborative autonomy solutions for defense and commercial markets. The company operates through two primary business segments: Defense and Public Safety, and Commercial and Industrial.
The company's core offering is its AI/ML Foundational Technology, a full-stack, closed-loop autonomy software platform designed to enable robotic systems to observe, learn, reason, and act in complex environments. This technology operates on the edge without requiring cloud connectivity, distinguishing it from large language model approaches. The company has developed three main software products based on this foundation: Palladyne IQ for industrial robots and collaborative robots in manufacturing and logistics; Palladyne SwarmOS for unmanned aerial vehicles enabling multi-drone coordination and swarming capabilities; and Palladyne Pilot, a derivative of SwarmOS tailored for public safety and commercial applications.
Beyond software, Palladyne AI offers vertically integrated solutions including advanced avionics through its BRAIN flight computer product line, proprietary unmanned platforms including the Gremlin-X and SwarmStrike systems, engineering design services, and precision manufacturing capabilities. The company recently acquired GuideTech, Warnke Precision Machining, and MKR Fabricators, expanding its aerospace and defense manufacturing footprint.
The company maintains approximately 161 full-time and part-time employees across multiple locations, with significant operations in Salt Lake City, Utah and Michigan facilities. Approximately 48 percent of its workforce focuses on engineering and research and development functions. The company engages additional consultants and contractors as needed.
Palladyne AI positions itself as a mid-tier U.S. defense technology prime contractor emphasizing rapid design-to-field cycles, cost-effective solutions, and American manufacturing. Its platform-agnostic approach allows customers to deploy software products across existing robotic and unmanned vehicle fleets without proprietary hardware lock-in. The company targets both established defense prime contractors and commercial enterprises seeking advanced automation solutions. More information is available at www.palladyneai.com.
Company details
- Sector
- Technology
- Industry
- Prepackaged Software
- Headquarters
- SALT LAKE CITY, UT
- Fiscal year end
- December
- CIK
- 1826681
- SIC
- 7372
Financial performance, year by year
Fiscal 2021–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Palladyne AI Corp. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · Palladyne AI Corp.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Could not be determined for this company: bond issues.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
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