Palladyne AI Corp. (PDYNW) Stock Analysis

What Palladyne AI Corp. does

Palladyne AI Corp., a Salt Lake City, Utah-based software firm, specializes in developing software that significantly enhances the utility and performance of third-party stationary and mobile robotic systems across the United States. Central to its offerings is proprietary Artificial Intelligence and Machine Learning technology. This foundational AI empowers robots to comprehend their environment, learn autonomously, make informed decisions, and execute actions effectively in both structured and unpredictable settings. The technology allows robotic systems to perceive their surroundings and adapt swiftly to evolving conditions by leveraging dynamic, real-time operations and generalized experience, thereby avoiding extensive programming, training, or cloud-processing latency. The company offers Palladyne IQ, a solution for industrial robots and cobots that enables them to acquire multiple skills and autonomously manage disruptions or impediments. Furthermore, Palladyne Pilot is developed for unmanned platforms, including Class 1 UAVs, facilitating continuous detection, identification, tracking, and classification of targets of interest. This is achieved by fusing multi-modal sensor data and disseminating collective situational awareness among several drones. Palladyne AI Corp. caters to diverse industries such as industrial manufacturing, defense, infrastructure maintenance and surveillance, energy, and aerospace. The company, previously known as Sarcos Technology and Robotics Corporation, adopted its current name in March 2024.

Key metrics

ETFs linked to PDYNW

Broad-market and Technology sector ETFs an investor holding Palladyne AI Corp. is often also exposed to. Open an ETF page to see its actual top holdings.

PortView Portfolio Insights

PortView analyzes how PDYNW fits your actual portfolio — position weight, portfolio concentration, unrealized gain/loss, contribution to return, sector exposure, indirect exposure through the ETFs you hold, and correlation with your other holdings. Connect a portfolio to see your personalized figures; PortView never shows another user's private holdings.

Similar companies

Frequently asked questions

What is the ticker symbol for Palladyne AI Corp.?

Palladyne AI Corp. trades under the ticker PDYNW on NASDAQ.

Which exchange is PDYNW listed on?

PDYNW is listed on NASDAQ.

What sector does Palladyne AI Corp. operate in?

Palladyne AI Corp. is classified in the Technology sector (Software - Infrastructure industry).

How can PortView help analyze PDYNW in a portfolio?

PortView shows PDYNW's weight in your portfolio, its contribution to return and risk, sector exposure, indirect exposure through ETFs you own, and correlation with your other holdings.