---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-283918"
form_type: "8-K"
ticker: "PDYN"
cik: "0001826681"
company_name: "Palladyne AI Corp."
filed_at: "2025-11-17T23:59:59+00:00"
generated_at: "2026-05-16T19:22:29.353481+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Palladyne AI Completes GuideTech and Crucis Acquisitions, Forms Palladyne Defense Division

## Summary
- Acquired GuideTech and three Crucis companies for ~$31M total consideration: $20M stock, $5M cash, $6M debt assumed.
- Transactions expected to more than triple 2024 revenue of $7.8M in 2026; acquired businesses adjusted EBITDA positive in 2026.
- Issued 2,672,013 shares of common stock to GuideTech Members; earnout up to $25M over 5 years after revenue exceeds $71M.
- Approved restricted stock unit awards covering 5,360,659 shares to CEO and executives with stock price goals from $20 to $65.
- Created Palladyne Defense division combining embodied AI, GuideTech avionics and Crucis manufacturing as a vertically integrated mid-tier prime.

## SEC filing metadata
- accession: 0001193125-25-283918
- form_type: 8-K
- ticker: PDYN
- cik: 0001826681
- company_name: Palladyne AI Corp.
- filed_at: 2025-11-17T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 3.02, 5.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1826681/000119312525283918/0001193125-25-283918-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1826681/000119312525283918/pdyn-20251114.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-283918
- JSON: https://secwatch.observer/filing/0001193125-25-283918.json
- Plain text: https://secwatch.observer/filing/0001193125-25-283918.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.