Palladyne AI reports $46.5M cash, releases initial Palladyne Pilot

Palladyne AI Corp.

Cash, cash equivalents, and marketable securities of ~$46.5M as of March 31, 2025.
Initial commercial version of Palladyne Pilot released in March 2025, undergoing reliability testing and customer trials.
Full Q1 2025 financial statements not yet available; amounts remain subject to closing procedures and audit review.

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