Palladyne AI
"The Nerve Center of Embodied Intelligence"
Embodied-AI software company enabling robots, drones, and autonomous systems to observe, learn, reason, and act at the edge for defense and industry.
Palladyne AI Corp. (Nasdaq: PDYN; warrants PDYNW) is an American developer of embodied AI software and autonomous unmanned systems, headquartered at 650 South 500 West, Suite 150, Salt Lake City, Utah 84101, with roughly 161 employees and led by co-founder and CEO Benjamin G. Wolff. The company traces its origins to 1983, when Stephen Jacobsen founded Sarcos Research Corporation at the University of Utah. Operating later as Sarcos Technology and Robotics, it built the Guardian XO exoskeleton and Guardian XT teleoperated robot before its board discontinued hardware development in November 2023. The business was renamed Palladyne AI Corp. effective March 18, 2024, and now runs two vertically integrated divisions: Aerospace & Defense, and Industrial.
The core technology is edge-resident AI that lets machines perceive, learn and act without cloud connectivity — a requirement in GPS-denied and contested environments. Palladyne IQ gives industrial robots and collaborative robots the ability to learn tasks and adapt to variability in unstructured settings, targeting pick-and-place, surface preparation and assembly work on existing robot fleets rather than replacing them. Palladyne Pilot provides unmanned aerial platforms with multi-sensor data fusion for persistent detection, tracking and classification of objects. SwarmOS is decentralized autonomy software that allows a single operator to command multiple autonomous systems built by different manufacturers, without centralized infrastructure. Supporting hardware includes the BRAIN X2 edge compute module and IntelliSwarm, alongside the company's own unmanned aircraft: Gremlin-X, a reusable Group 2 strike UAS that functions as a recoverable loitering munition, and SwarmStrike.
In June 2026 Palladyne received U.S. Army contracts under the Disruptive Applications Broad Agency Announcement to field SwarmOS and Gremlin-X for reconnaissance and target acquisition, with operational testing across 4th Infantry Division exercises in Colorado and California and at the Northern Strike 26-2 joint exercise, using the Android Team Awareness Kit as the operator interface. During the same quarter the company signed an exclusive partnership with Israel Aerospace Industries securing U.S. rights to manufacture and market the HARPY, HAROP and Mini HARPY loitering munitions. Earlier work includes a USD 13.8 million U.S. Air Force Research Laboratory contract for AI and machine learning software development. Production is positioned as ITAR-compliant and NDAA-aligned U.S. manufacturing.
Second-quarter 2026 revenue reached USD 5.8 million, up 470% year over year and 63% sequentially, with backlog of USD 24.6 million as of June 30, 2026 and cash of USD 43.7 million. Full-year 2026 guidance is USD 24–27 million. End markets span defense and public safety, industrial manufacturing, infrastructure, energy and aerospace.
Primary type & automation activities this supplier delivers:
Palladyne IQ
AI software platform enabling industrial robots and cobots to learn tasks autonomously and adapt to unstructured environments.
Palladyne Pilot
Autonomous AI software for unmanned aerial platforms providing persistent object detection, identification, tracking, and classification at the edge.
Contact Palladyne AI
WEBSITE
https://www.palladyneai.comPHONE
+1 801-456-9910HEADQUARTERS
United States
Company Facts
Founded
1983
Primary Role
Software/Algorithm
Company Size
-
Primary Region
North America
Annual Sales
-
Funding Stage
-
Funding Total
-
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Palladyne AI and Fanuc America Collaborate on AI-Enhanced Robotics for Industry
Palladyne AI and Fanuc America have established a strategic partnership to advance AI-driven robotic automation tailored for manufacturing, warehousing, and logistics sectors. This collaboration aims to integrate Fanuc's industrial robots with Palladyne IQ, focusing on enhancing motion planning, adaptive behavior, and human-assisted learning capabilities. The significance of this partnership lies in addressing challenges faced by manufacturers and logistics operators, such as skilled labor shortages and the need for increased productivity. By combining their technologies, the companies aim to create more adaptable robotic systems that can efficiently respond to dynamic environments, ultimately streamlining deployment processes across various operations. Looking ahead, the collaboration will also emphasize joint customer validation and the development of standardized deployment workflows, which are expected to simplify the introduction of robotic automation. No further timeline was disclosed at the time of publication.
AI AI Funding & Investment Capital Markets Robotics automation Fanuc
Palladyne AI and FANUC America Form Strategic Partnership to Enhance Robotic Automation
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Palladyne AI Secures Additional $2.9 Million from U.S. Air Force for STRATFI Contract
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Palladyne AI Executes $4.2 Million U.S. Air Force Contract to Advance Swarming Capabilities for Integrated Cross-Domain Operations
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The "Hierarchical Adaptive Networked Game-Theoretic Integration of Multiple Echelons (HANGTIME)" contract will address this need. 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HANGTIME will utilize Palladyne AI's patented SwarmOS™ software platform—the defense variant of the Palladyne™ Pilot embodied AI software—as the baseline technology to bridge that gap, connecting disparate systems so they can share intelligence, adapt to changing conditions, and act in sync across domains, including space, air, maritime, and land. By integrating satellites for the first time, this project also extends Palladyne AI's technology from the ground to orbit, enabling faster, more informed decision-making and coordinated mission execution, turning tactical commanders into strategic commanders by giving them more cross-domain intelligence, surveillance, and reconnaissance (ISR) capabilities than ever before. "Our collaboration with AFRL showcases what's next for autonomous operations," said Ben Wolff, President and CEO, Palladyne AI. "This isn't about replacing humans—it's about giving them sharper, faster insight. By connecting satellite, aerial, and ground systems using the patented SwarmOS embodied AI platform as a foundational technology, we're helping the warfighter make better decisions in real time and stay one step ahead on the battlefield." "The HANGTIME project is a breakthrough that unites high-altitude assets and situational unmanned systems into one coordinated sensor network—delivering a major advantage for the defense industry," said Dr. Denis Garagic, Chief Technology Officer, Palladyne AI. "For the first time, a single AI framework can coordinate assets across multiple domains, including satellites. That means these systems can now think and act together as a team, sharing what they see and learning as conditions change." "The HANGTIME effort represents a critical step in multi-domain autonomy for coordinated execution in challenging environments," said Caleb Williams, Program Manager, AFRL/RIEA. For more information on Palladyne AI and its patented collaborative autonomy software, including SwarmOS, please visit www.palladyneai.com. For more information about AFRL, please visit www.afrl.af.mil. About Palladyne AI Palladyne AI is a U.S.-based technology company developing patented embodied artificial intelligence, collaborative autonomy solutions, advanced avionics, autonomous systems, advanced UAV engineering services, and precision-manufactured components for defense and industrial markets. Palladyne AI delivers secure, American-developed and operated platforms designed to meet the stringent requirements of U.S. government and public-sector customers, including data sovereignty, security, and compliance. Palladyne AI's embodied AI is designed to operate in complex, contested, and high-risk environments, enabling distributed tasking, human-on-the-loop decision-making, degraded-communications resilience, and multi-domain coordination. Its platform-agnostic autonomy stack combines real-time sensor fusion, adaptive AI models, and edge-native orchestration—without vendor lock-in—to support autonomous and collaborative systems across air, ground, maritime, and industrial domains w
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