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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/27/2025 | $15.00 | Buy | Alliance Global Partners |
Alliance Global Partners initiated coverage of Palladyne AI with a rating of Buy and set a new price target of $15.00
Former senior executive at Caterpillar and Dell brings more than 35 years of industry experience and relationships to the Palladyne AI board Palladyne AI Corp. (NASDAQ:PDYN) ("Palladyne AI"), a developer of artificial intelligence software for robotic platforms in the commercial and defense sectors, today announced that Michael Young will join its Board of Directors effective February 24, 2025. With more than 35 years of professional experience, including more than 17 years at Caterpillar where he led Caterpillar Ventures as well as Caterpillar's mergers and acquisitions activities across Asia Pacific, Young brings extensive knowledge and industry connections to the board. Young retired f
SC 13D/A - Palladyne AI Corp. (0001826681) (Subject)
Palladyne AI Corp. (NASDAQ:PDYN) ("Palladyne AI"), a developer of artificial intelligence software for robotic platforms in the defense and commercial sectors, today announced that the Compensation Committee of Palladyne AI's Board of Directors approved employee equity awards under its 2021 Equity Incentive Plan or its 2024 Inducement Equity Incentive Plan (the "2024 Inducement Plan"), as applicable. The total number of shares subject to the newly granted equity awards was 601,587. The Company grants equity awards to certain of its employees to better align their interests with those of our stockholders, as a meaningful retention incentive and as a means of reducing cash used in compensatio
Palladyne AI Corp. (NASDAQ:PDYN) ("Palladyne AI"), a developer of artificial intelligence software for robotic platforms in the defense and commercial sectors, today announced that the Company has been selected for participation at TE25-2: Collaborative Autonomy Integration, hosted by the U.S. Special Operations Command (USSOCOM) Technical Experimentation Team and taking place from April 14-17, 2025, at Avon Park Air Force Range in Avon Park, FL. Palladyne AI will be showcasing its Palladyne™ Pilot AI Software Platform at the event. The USSOCOM Technical Experimentation program brings together Special Operations Forces (SOF) operational users, acquisition and technology program managers, a
2024 Financial and Product Development Objectives Met; Focus Turns to Securing Customers for 2025 Palladyne AI Corp. (NASDAQ:PDYN) ("Palladyne AI"), a developer of artificial intelligence software for robotic platforms in the industrial and defense sectors, today announced key business and financial achievements for 2024 in conjunction with the filing of its 2024 Annual Report on Form 10-K. Full Year 2024 Highlights and Recent Developments Substantially improved balance sheet, with $40.1 million cash, cash equivalents and marketable securities on hand as of December 31, 2024, and an additional $14.4 million (before commissions and offering expenses) raised between January 1, 2025, and F
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