Palladyne AI Corp. is an American company known for most of its existence primarily as a developer of robots.
- Palladyne was founded in 1983 as Sarcos Research Corporation.
- Sarcos Research (STRC) went public on Sept 27, 2021 via business combination with Rotor Acquisition Corp.
- In 2023, Sarcos "pivoted" to become a developer of artificial-intelligence software, specifically for robotic applications. This pivot was accompanied by a cessation of all operations involving hardware.
- In March 2024, Sarcos changed its name to Palladyne AI. The company’s ticker symbols have changed from Nasdaq: STRC to Nasdaq: PDYN.
Sector: Technology
Industry: Software - Infrastructure
Full Time Employees: 70
Headquartered in Salt Lake City, Utah
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