PDYN$3.28-1.73%
Palladyne AI Corp.
Sector: Services-Prepackaged SoftwareIndustry: Software - InfrastructureCountry: USExchange: Nasdaq
Mkt Cap:$162.15M
Float & O/S:
Inst Own:
DilutionScan read 50 of Palladyne AI Corp.'s SEC filings and found 3 warrant series, 1 ATM program, 4 shelf registrations, 2 S-1 registrations and 3 completed offerings on file for PDYN. The latest dilution event on file is ATM sales on Jun 30, 2026. Analysis updated Oct 31, 2026.
Signal8 Summary
PDYN
Nasdaq delisting filed amid cash burn
Snapshot
Palladyne AI is a small defense and robotics software company with FY 2025 revenue of just $5.2M, down 32.6% YoY, and an operating loss of $32.4M, far larger than revenue.
What's Happening Right Now
- : On Sep 28, 2026, Palladyne AI filed a Form 25-NSE with the SEC to remove its shares from Nasdaq listing, which typically pushes trading to less liquid OTC markets.
- : Palladyne AI and FANUC America announced a collaboration pairing FANUC's industrial robots with Palladyne's IQ software for manufacturing and logistics automation; no financial terms were disclosed.
- : Palladyne AI announced a collaboration with NORDA Dynamics to integrate its SwarmOS software with NORDA's combat-proven Underdog autonomy module for aerial targeting.
- : Q2 2026 revenue hit $5.8M (up 470% YoY), backlog rose 43% to $24.6M, and the company signed an exclusive IAI partnership, while reiterating full-year guidance of $24M-$27M revenue and $32M-$36M in operating cash burn.
- : The U.S. Air Force exercised a $2.9M option on Palladyne's STRATFI contract, bringing the total award value to $10.6M for its Palladyne IQ autonomy architecture.
