Latest news with #PalladyneAI
CNBC
a day ago
- Business
- CNBC
Lightning Round: PDYN, D, IRM
'Mad Money' host Jim Cramer weighs in on stocks including: Palladyne AI, Dominion Energy and Iron Mountain.
Yahoo
3 days ago
- Business
- Yahoo
Palladyne AI to join Russell 3000, Russell 2000 Index
Palladyne AI (PDYN) announced that it has been added as a member of the broad-market Russell 3000 Index, effective after the U.S. market opens on June 30, 2025, as part of the 2025 Russell indexes reconstitution. 'We are extremely proud to be included in the Russell 3000 and 2000 Indexes this year,' said Ben Wolff, President and CEO, Palladyne AI. 'This is an important achievement for Palladyne AI as we expand our business and aim to impact a bigger investor pool, particularly reaching institutional investors.' Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders' Hot Stocks on TipRanks >> Read More on PDYN: Disclaimer & DisclosureReport an Issue Palladyne AI Unveils Strategic Vision in New Presentation Palladyne AI Corp options imply 7.7% move in share price post-earnings Palladyne AI Corp options imply 6.1% move in share price post-earnings Palladyne AI Corp options imply 7.9% move in share price post-earnings Palladyne AI Corp options imply 6.0% move in share price post-earnings Fehler beim Abrufen der Daten Melden Sie sich an, um Ihr Portfolio aufzurufen. Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten
Business Wire
4 days ago
- Business
- Business Wire
Palladyne AI Corp. to Join Russell 3000® and Russell 2000® Index
SALT LAKE CITY--(BUSINESS WIRE)-- Palladyne AI Corp. (NASDAQ: PDYN and PDYNW) ('Palladyne AI'), a developer of artificial intelligence software for robotic platforms in the defense and commercial sectors, today announced that it has been added as a member of the broad-market Russell 3000 ® Index, effective after the U.S. market opens on June 30, 2025, as part of the 2025 Russell indexes reconstitution. 'We are extremely proud to be included in the Russell 3000 and 2000 Indexes this year,' said Ben Wolff, President and CEO, Palladyne AI. The annual reconstitution of the Russell U.S. indexes captures the 4,000 largest US stocks as of April 30, 2025, ranking them by total market capitalization. Membership in the Russell 3000Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000 ® Index or small-cap Russell 2000 ® Index, as well as the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings, and style attributes. 'We are extremely proud to be included in the Russell 3000 and 2000 Indexes this year,' said Ben Wolff, President and CEO, Palladyne AI. 'This is an important achievement for Palladyne AI as we expand our business and aim to impact a bigger investor pool, particularly reaching institutional investors.' For more information on the Russell 3000 Index and the Russell indexes reconstitution, visit the 'Russell Reconstitution' section on the FTSE Russell website. For more information on Palladyne AI and its artificial intelligence software for robotic platforms, please visit About Palladyne AI Corp. Palladyne AI Corp. (NASDAQ: PDYN) has developed an advanced artificial intelligence (AI) and machine learning (ML) software platform poised to revolutionize the capabilities of robots, enabling them to observe, learn, reason, and act in a manner akin to human intelligence. Our AI and ML software platform empowers robots to perceive variations or changes in the real-world environment, enabling them to autonomously maneuver and manipulate objects accurately in response. The Palladyne AI software solution operates on the edge and dramatically reduces the significant effort required to program and deploy robots enabling industrial robots and collaborative robots (cobots) to quickly achieve autonomous capabilities even in dynamic and or complex environments. Designed to achieve precise results with minimal training time, limited data sets, and lower power requirements, compared to current state-of-the-art solutions, Palladyne AI believes its software has wide application, including in industries such as automotive, aviation, construction, defense, general manufacturing, infrastructure inspection, logistics and warehousing. Its applicability extends beyond traditional robotics to include Unmanned Aerial Vehicles (UAVs), Unmanned Ground Vehicles (UGVs), and Remotely Operated Vehicles (ROVs). Palladyne AI's approach is expected to elevate the return on investment associated with a diverse range of machines that are fixed, fly, float, or roll. By enabling autonomy, reducing programming complexity, and enhancing efficiency, Palladyne AI is paving the way for a future where machines can excel in tasks that were once considered beyond their reach.
Yahoo
21-05-2025
- Business
- Yahoo
Zacks Initiates Coverage of Palladyne AI With Neutral Recommendation
Zacks Investment Research has recently initiated coverage of Palladyne AI Corp. PDYN with a Neutral recommendation, reflecting a balanced view of the company's emerging opportunities and ongoing operational challenges. Palladyne AI, headquartered in Salt Lake City, UT, is developing edge-based artificial intelligence software that enables drones and robotic systems to operate autonomously without relying on centralized infrastructure, a technology that has drawn attention in both defense and industrial sectors. The company's flagship platform, Palladyne Pilot, became commercially available in the second quarter of 2025. This marks a key milestone for Palladyne AI, validating its core AI/ML technology through successful real-world deployments. The software enables real-time collaboration among drones using multi-modal sensor data and is designed to function independently of cloud connectivity, making it particularly well-suited for defense scenarios. A $26 million-plus U.S. Air Force contract awarded is helping to transition the platform to U.S.-made chipsets, enhancing compatibility with government procurement standards and national security objectives. Palladyne AI's liquidity position is another area of strength, as highlighted in the research report. As of March 31, 2025, the company held $46.6 million in cash and marketable securities, up from $40.1 million at the end of 2024. This was supported by successful equity raises totaling $39.4 million across the last two quarters, giving Palladyne AI the financial flexibility to support continued product development and go-to-market execution. Meanwhile, the company's AI software is hardware-agnostic, positioning it to serve a broader addressable market that spans industrial robots, unmanned aerial vehicles (UAVs), and ground-based robotics. Revenue in the first quarter of 2025 rose 94% year over year to $1.7 million, driven by defense-related development contracts. Operating expenses declined 20% from the prior year, reflecting improved cost discipline and helping to manage cash burn. These trends indicate management's commitment to capital efficiency as it transitions from a contract development model toward commercial software licensing. However, several concerns prevail for the company, as outlined in the report. Despite the commercial availability of its software, Palladyne AI has not yet recorded any product revenue in 2025. The entire revenue base still comes from non-recurring development contracts, leaving questions about the company's ability to scale licensing deals. Its backlog remains limited at $1.9 million, with only a portion of it funded. In addition, Palladyne AI operates in an increasingly competitive market. Large industrial players such as ABB and Fanuc are investing heavily in AI-driven robotics, bringing scale, global reach, and established customer bases. Palladyne AI's exclusive focus on the U.S. market may limit its exposure to faster-growing international regions and leave it vulnerable to fluctuations in domestic government spending. Palladyne's share price has been volatile, reflecting investor enthusiasm for its edge-based AI platform as well as uncertainty around its financial sustainability. The company's valuation metrics appear elevated relative to peers, which may limit near-term upside potential. Palladyne's performance is supported by strong government backing, solid liquidity, early traction in defense R&D, and a scalable, hardware-agnostic software platform. However, the absence of recurring revenue, persistent operating losses, a small backlog, intensifying competition, and geographic concentration remain key headwinds. For a comprehensive look at the company's growth drivers and risk factors, read the full Zacks Investment Research report on PDYN. Read the full Research Report on Palladyne AI here>>> Note: Our initiation of coverage on Palladyne AI, which has a modest market capitalization of $257.7 million, aims to equip investors with the information needed to make informed decisions in this promising but inherently risky segment of the market. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Palladyne AI Corp. (PDYN) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
07-05-2025
- Business
- Yahoo
Palladyne AI to Participate in Upcoming Investor Conference
SALT LAKE CITY, May 07, 2025--(BUSINESS WIRE)--Palladyne AI Corp. (NASDAQ: PDYN and PDYNW) ("Palladyne AI"), a developer of artificial intelligence software for robotic platforms in the defense and commercial sectors, today announced that the Company will be participating in the following investor conference on Wednesday, May 21, 2025: Ladenburg Thalmann Technology Innovation EXPO25, New York, NY: Date: Wednesday, May 21, 2025 Format: Speaker: Fireside Chat and 1x1's Ben Wolff, President and CEO, Palladyne AI Presentation Time: Webcast Link: 2:30 – 2:55 p.m. ET To schedule a meeting, please contact your Ladenburg Thalmann representative. For more details on the Ladenburg Thalmann Technology Innovation EXPO25, please visit For more information on Palladyne AI and its artificial intelligence software for robotic platforms, please visit About Palladyne AI Corp. Palladyne AI Corp. (NASDAQ: PDYN) has developed an advanced artificial intelligence (AI) and machine learning (ML) software platform poised to revolutionize the capabilities of robots, enabling them to observe, learn, reason, and act in a manner akin to human intelligence. Our AI and ML software platform empowers robots to perceive variations or changes in the real-world environment, enabling them to autonomously maneuver and manipulate objects accurately in response. The Palladyne AI software solution operates on the edge and dramatically reduces the significant effort required to program and deploy robots enabling industrial robots and collaborative robots (cobots) to quickly achieve autonomous capabilities even in dynamic and or complex environments. Designed to achieve precise results with minimal training time, limited data sets, and lower power requirements, compared to current state-of-the-art solutions, Palladyne AI believes its software has wide application, including in industries such as automotive, aviation, construction, defense, general manufacturing, infrastructure inspection, logistics and warehousing. Its applicability extends beyond traditional robotics to include Unmanned Aerial Vehicles (UAVs), Unmanned Ground Vehicles (UGVs), and Remotely Operated Vehicles (ROVs). Palladyne AI's approach is expected to elevate the return on investment associated with a diverse range of machines that are fixed, fly, float, or roll. By enabling autonomy, reducing programming complexity, and enhancing efficiency, Palladyne AI is paving the way for a future where machines can excel in tasks that were once considered beyond their reach.
