Earnings summaries and quarterly performance for Palladyne AI.
Executive leadership at Palladyne AI.
Benjamin G. Wolff
Detailed
President and Chief Executive Officer
CEO
DD
Dr. Denis Garagić
Detailed
Chief Technology Officer
KM
Kristi Martindale
Detailed
Chief Commercial Officer
MV
Matthew Vogt
Detailed
Chief Revenue Officer
SS
Stephen Sonne
Detailed
Chief Legal Officer and Secretary
TT
Trevor Thatcher
Detailed
Chief Financial Officer
Board of directors at Palladyne AI.
Research analysts covering Palladyne AI.
Recent press releases and 8-K filings for PDYN.
Palladyne AI Outlines AI Product Strategy and 2026 Revenue Guidance
PDYN
Guidance Update
Product Launch
New Projects/Investments
- Palladyne AI (PDYN) has restructured to focus on artificial intelligence platforms, launching SwarmOS for drone swarming and Palladyne IQ for industrial robots.
- The company provided 2026 revenue guidance of $24 million to $27 million and reported $47 million in cash on hand as of the end of last year.
- Palladyne AI is developing vertically integrated defense solutions, including proprietary UAVs and missile systems like SwarmStrike and Banshee, and manufactures precision components for defense programs.
- Its embodied AI approach for products like Palladyne IQ allows real-time robot adaptation without cloud connectivity, positioning the company to capitalize on defense industrial base modernization.
Jan 14, 2026, 9:30 PM
Palladyne AI Provides 2026 Revenue Guidance and Details AI Product Strategy
PDYN
Guidance Update
Product Launch
New Projects/Investments
- Palladyne AI (PDYN) is focused on embodied artificial intelligence (AI) for both commercial and defense sectors, offering products like SwarmOS for drone swarming and Palladyne IQ for industrial robots.
- The company announced 2026 revenue guidance of $24-$27 million and reported $47 million in cash on hand as of the end of last year (2025).
- PDYN's defense segment includes proprietary UAVs and missile systems such as SwarmStrike and Banshee, along with manufacturing precision parts for major defense programs, with the majority of 2026 revenue expected from defense.
- The company's embodied AI operates directly on machines without constant cloud connectivity, offering advantages in latency and cost, and is projected to drive significant growth in 2027 and 2028.
Jan 14, 2026, 9:30 PM
Palladyne AI Discusses Embodied AI Strategy and Provides 2026 Revenue Guidance
PDYN
Guidance Update
Product Launch
New Projects/Investments
- Palladyne AI (PDYN) is focused on embodied artificial intelligence for commercial, industrial, and defense applications, aiming to make robots and drones smarter.
- The company has recently launched two key AI software products: SwarmOS, for autonomous drone swarming, and Palladyne IQ, designed to teach industrial robots new tasks efficiently.
- Palladyne AI provided 2026 revenue guidance of $24 million to $27 million, with the majority of this revenue anticipated from the defense sector.
- The company reported $47 million in cash on hand as of the end of last year and is investing approximately $2 million per month in R&D.
- Through recent acquisitions, Palladyne AI has established vertically integrated defense capabilities, including manufacturing precision parts for systems like the F-35 and developing its own low-cost missile systems (SwarmStrike) and mini-bomber drones (Banshee).
Jan 14, 2026, 9:30 PM
Palladyne AI Corp. Announces Strategic Transformation and Acquisitions
PDYN
M&A
New Projects/Investments
Guidance Update
- Palladyne AI Corp. announced a strategic transformation into a vertically integrated embodied AI company, integrating AI, design engineering, and U.S.-based manufacturing for defense and industrial markets.
- The company completed strategic acquisitions of GuideTech and The Crucis Companies for approximately $31 million, which are projected to more than triple 2024 revenue by 2026 and achieve adjusted EBITDA positive in 2026.
- As of Q3 2025 (pre-deal closings), Palladyne AI maintained a strong financial position with $57.1 million in cash, cash equivalents, and marketable securities and $0 debt, with Q3 operating cash use of approximately $6.3 million.
- Key product developments include Project Banshee (precision loitering munition) and Project SwarmStrike (cruise-missile-like reach), with early deployments for Palladyne IQ, Palladyne Pilot, SwarmOS, and BRAIN on track to begin in 1H 2026.
Nov 17, 2025, 10:23 PM
Palladyne AI Announces Strategic Acquisitions and Transformation into Integrated AI and Defense Technology Company
PDYN
M&A
New Projects/Investments
Revenue Acceleration/Inflection
- Palladyne AI announced the acquisition of GuideTech and Crucis Company, transforming the company into a vertically integrated AI and defense technology company.
- The acquisitions are projected to more than triple Palladyne AI's 2024 revenue of approximately $8 million by 2026, contributing positive adjusted EBITDA.
- The total consideration for these transactions is approximately $31 million, comprising stock, cash, and assumed debt, with a potential earnout of up to $25 million over five years.
- Following the acquisitions, Palladyne AI expects to have roughly $50 million in cash and plans to invest $5 million over the next 12-18 months in its Banshee and SwarmStrike platforms.
Nov 17, 2025, 9:30 PM
Palladyne AI Announces Strategic Transformation with GuideTech and Crucis Acquisitions
PDYN
M&A
New Projects/Investments
Revenue Acceleration/Inflection
- Palladyne AI announced a strategic transformation into a fully integrated AI and defense technology company through the acquisitions of GuideTech and Crucis Company.
- These acquisitions led to the launch of Palladyne Defense, a new business segment focused on embodied AI for national security, integrating AI software, aerospace design, and U.S. manufacturing.
- The total consideration for the two transactions was approximately $31 million, consisting of stock, cash, and assumed equipment and real estate debt, with a potential earnout of up to an additional $25 million.
- The combined acquisitions are expected to more than triple Palladyne AI's 2024 revenue of about $8 million by 2026, with positive adjusted EBITDA contributions.
- Palladyne AI maintains a strong financial position with approximately $50 million in cash post-acquisitions and a growing 18-month backlog exceeding $10 million.
Nov 17, 2025, 9:30 PM
Palladyne AI Announces Strategic Transformation with Acquisitions and Launch of Defense Business
PDYN
M&A
New Projects/Investments
Revenue Acceleration/Inflection
- Palladyne AI announced a strategic transformation, including the acquisitions of GuideTech and Crucis, and the launch of Palladyne Defense, to become a fully integrated AI and defense technology company. This new structure combines AI, aerospace design, and American manufacturing to serve national security and industrial customers.
- The company aims to fill a market gap by providing agile, vertically integrated advanced autonomous capabilities at speed and scale, directly aligning with Department of Defense priorities like the Replicator Initiative.
- Financially, for 2026, the combined acquisitions are expected to more than triple Palladyne AI's 2024 revenue of about $8 million, with positive adjusted EBITDA contributions. The total acquisition consideration is approximately $31 million, plus a potential earnout of up to $25 million.
- Palladyne AI reported $57.1 million in cash and equivalents for the quarter ended September 30, and expects to have roughly $50 million in cash post-acquisitions. The company also has an 18-month backlog of more than $10 million.
Nov 17, 2025, 9:30 PM
Palladyne AI Reports Q3 2025 Results and Strategic Developments
PDYN
Earnings
Board Change
New Projects/Investments
- Palladyne AI reported a strong balance sheet with $57.1 million in cash, cash equivalents, and marketable securities and no debt as of September 30, 2025, with quarterly operating cash use of approximately $6.3 million.
- For the third fiscal quarter ended September 30, 2025, the company reported a net loss of $3.74 million (or $(0.09) per share) on $0.86 million in revenue.
- Key strategic developments include the issuance of U.S. Patent No. 12,452,957 covering its closed-loop tasking and control architecture, optimism regarding a potential new development award from the Department of War for Palladyne Pilot, and a collaboration with Draganfly Inc. to integrate Palladyne Pilot into their UAV platforms.
- Lieutenant General (Ret.) Stephen M. Twitty was appointed to the Board of Directors, bringing extensive defense-sector expertise.
Nov 12, 2025, 12:08 PM
Quarterly earnings call transcripts for Palladyne AI.
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