- Industry | - Sector | Mr. Benjamin G. Wolff CEO | NASDAQ (NMS) Exchange | - ISIN |
US Country | 70 Employees | - Last Dividend | - Last Split | 27 Sep 2021 IPO Date |
Palladyne AI Corp., originally known as Sarcos Technology and Robotics Corporation, is a pioneering software company established in 2017 and based in Salt Lake City, Utah. The company specializes in creating advanced software solutions to enhance the capabilities of both stationary and mobile robotic systems across the United States. Leveraging cutting-edge Artificial Intelligence (AI) and Machine Learning (ML) technologies, Palladyne AI Corp. aims to empower robots with the ability to perceive, learn, and reason within various environments, both structured and unstructured. This empowers robotic systems to adapt to changing conditions dynamically, streamlining operations in multiple industries without the need for extensive programming or significant training. The industries served by Palladyne AI Corp. include but are not limited to industrial manufacturing, warehousing and logistics, defense, infrastructure maintenance and repair, energy, aerospace, and aviation.
This flagship product from Palladyne AI Corp. is designed to significantly enhance the intelligence and versatility of robotic systems. By integrating the platform, robots gain the ability to observe their surrounding environment, learn from experience, and make reasoned decisions. This innovative software is pivotal in enabling robots to operate in a wide range of environments without the necessity for detailed programming or exhaustive training sessions. Suitable for a variety of sectors, the AI/ML software platform meets the diverse needs of customers looking to implement smart robotic solutions within their operations.