Highest-materiality recent filing
Palladyne AI shareholders approve 4.5M share increase to equity plan and 5.36M RSUs to executives
Stockholders approved amendment to 2021 Equity Incentive Plan, increasing shares by 4,500,000; total authorized now 9,500,000 plus carryover.
Palladyne AI signs exclusive U.S. MOU with IAI for HAROP, HARPY, Mini-HARPY loitering munitions
Exclusive right to manufacture and market IAI's HAROP, HARPY, and Mini-HARPY systems to the U.S. government.
Palladyne AI Q1 rev up 107% to $3.5M; net loss $12.6M; reaffirms FY rev guidance $24-27M
Revenue $3.5M (+107% YoY); GAAP net loss $12.6M ($0.28 loss per share) vs prior year net income $22.8M.
Q4 revenue $1.7M, up 118% YoY; Q4 GAAP net loss $1.5M ($0.04 EPS) vs $53M loss ($1.75 EPS).
Palladyne AI appoints Matt Muta as President, Commercial and Industrial, effective March 2, 2026
Muta resigns from board to lead commercial business including sales, partnerships, and revenue growth.
Palladyne AI furnishes investor presentation; no specific material updates disclosed in filing
Filed an investor presentation under Item 7.01 Regulation FD on January 14, 2026.
Palladyne AI raises 2026 revenue guidance to $24-27M, expects 336-440% YoY growth
Full-year 2026 revenue expected $24-27M vs. preliminary 2025 revenue of $5-5.5M (mostly legacy).
Palladyne AI Completes GuideTech and Crucis Acquisitions, Forms Palladyne Defense Division
Acquired GuideTech and three Crucis companies for ~$31M total consideration: $20M stock, $5M cash, $6M debt assumed.
Palladyne AI posts new investor presentation, no specific financial or operational details disclosed
Investor deck titled 'America's Cross-Domain Force Multiplier' posted on Nov 17, 2025.
Palladyne AI Reports Q3 2025 Results with $57.1M Cash, No Debt, and Patent Milestone
Ended Q3 2025 with $57.1 million in cash, cash equivalents and marketable securities, and no debt.
Palladyne AI appoints retired Lt. Gen. Stephen Twitty to board of directors
Appointment effective September 22, 2025; Twitty will serve as Class I director until 2028 annual meeting.
Palladyne AI reports $62.7M cash, $2M/month burn; delays revenue to H2 2025
Cash and equivalents $62.7M as of June 30, 2025; no debt, working capital $62.0M.
Palladyne AI grants 1.5M shares to CEO Wolff, reducing prior cash payment to zero
Compensation committee approved restricted stock award of 1.5M shares to CEO Benjamin G. Wolff on July 2, 2025.
Palladyne AI annual meeting elects directors, ratifies auditor, approves CEO stock award
23,811,690 shares (66.67% of total) were present at the June 11, 2025 annual meeting.
Palladyne AI posts investor presentation; no material new financial data disclosed
Investor deck posted on company website on May 19, 2025.
Palladyne AI posts investor deck; no material financial or operational updates disclosed
Furnished an investor presentation on IR website dated April 2025 (Exhibit 99.1).
Palladyne AI reports $46.5M cash, releases initial Palladyne Pilot
Cash, cash equivalents, and marketable securities of ~$46.5M as of March 31, 2025.
Palladyne AI reports 27% revenue growth, $40.1M cash; IQ and Pilot product milestones met
Cash and equivalents $40.1M at Dec 31, 2024; additional $14.4M raised Jan-Feb 2025; no debt.
Palladyne AI appoints Michael Young to board; Laura Peterson retires
Michael T. Young appointed as Class III director, effective Feb 24, 2025; also joins Compensation & Strategic Transaction Committees.
Palladyne AI reports ~$40M cash as of Dec 31, files for $30M ATM equity offering
Cash and cash equivalents approximately $40M as of Dec 31, 2024, including $23.3M net proceeds from equity financings.
Palladyne AI Corp. enters amended employment agreement with CEO Benjamin G. Wolff through 2027
CEO Benjamin G. Wolff will receive net base salary of ~$1 per year for 2025, then $250,000 annually for 2026-2027.
Palladyne AI extends CEO Wolff to Nov 2027; adopts inducement plan for 500K shares
CEO Benjamin Wolff's term extended to November 1, 2027; first-year salary net ~$1/year, then $250K base plus 150% bonus target.
Palladyne AI prices $7M registered direct offering and concurrent private placements with insiders
Priced registered direct offering of 2.79M shares at $2.15 each, with warrants for 2.79M shares at $2.30.
Palladyne AI Q2 revenue up 112% YoY, net loss down 81%, cash $25.8M, Palladyne IQ MVP released
Revenue increased 112% in Q2 2024 vs Q2 2023; net loss decreased 81% in Q2 YoY.
Palladyne AI holds 2024 annual meeting; re-elects directors Finn and Peterson, ratifies KPMG
58.50% of shares (15,532,376) were present at the June 12, 2024 annual meeting.
Palladyne AI reprices 753,551 employee options to $1.59, restarts vesting for retention
Compensation Committee amended options for 7 senior employees (225,670 shares) and other employees (527,881 shares), reducing strike to $1.59.
Palladyne AI dismisses EY, appoints KPMG as independent auditor for 2024
EY dismissed as independent registered public accounting firm on April 3, 2024, effective immediately.
Palladyne AI begins trading under new tickers PDYN and PDYNW
Effective April 8, 2024, ticker symbols changed from STRC/STRCW to PDYN/PDYNW on Nasdaq.
Former CFO Andrew Hamer receives $202,500 severance paid over 6 months plus $202,500 retention bonus lump sum.
Sarcos Technology and Robotics renames to Palladyne AI; regains Nasdaq minimum bid compliance
Name changed to Palladyne AI Corp effective March 18, 2024; ticker changes to PDYN on April 8, 2024.
Trevor Thatcher appointed CFO of Sarcos Technology and Robotics, replacing Andrew Hamer
Effective March 5, 2024, Trevor Thatcher becomes CFO; Andrew Hamer ceased as CFO same day and will terminate employment March 8.
Sarcos posts investor presentation highlighting AI platform for autonomy
Filing includes an investor presentation dated February 28, 2024, focused on AI and autonomy for commercial and defense applications.
Sarcos stops earnings calls, names Benjamin Wolff CEO with 625K share grant
No longer holds quarterly earnings calls or issues earnings press releases until meaningful revenues achieved.
Benjamin G. Wolff appointed President and CEO effective Feb 23, 2024; previously Executive Vice Chairman.
Sarcos adopts retention plan with cash bonuses, RSUs for CFO, CTO, CRO, CLO
CFO Andrew Hamer gets cash bonus of 50% base salary and 100k RSUs; target bonus raised to 50%.
Sarcos pivots to AI software, cuts 70% workforce, Q3 revenue falls 62%
Q3 revenue $1.8M vs $4.7M YoY; net loss $29M ($1.13/share); non-GAAP net loss $17M.
Sarcos receives Nasdaq delisting notice for bid price below $1.00
Received Nasdaq notice on Oct 24, 2023 for failing minimum bid price of $1.00 for 30 consecutive business days.
Sarcos appoints Laura Peterson as permanent CEO, Ben Wolff as Executive Vice Chairman
Laura Peterson, interim CEO since May 2023, appointed permanent President and CEO effective Oct 19.
Laura J. Peterson, Executive Vice Chair and a member of the Board, notified the Company of her retirement from the Board and all positions with the Company, effective February 23, 2025.
appointed Michael T. Young to serve as a Class III director of the Company, effective as of February 24, 2025
Andrew Hamer ceased to be Chief Financial Officer of the Company and its subsidiaries (the “Company Group”) on March 5, 2024 and ceased being an employee on March 8, 2024
On March 5, 2024, the Board of Directors (the “Board”) of Sarcos Technology and Robotics Corporation (the “Company”) appointed Trevor Thatcher as Chief Financial Officer of the Company.
Mr. Hamer ceased serving as the Company’s Chief Financial Officer on March 5, 2024 upon the appointment of Mr. Thatcher to that position.
appointed Benjamin G. Wolff as President and Chief Executive Officer of the Company, effective February 23, 2024
On October 19, 2023, the Board of Directors (the "Board") of Sarcos Technology and Robotics Corporation (the “Company”), appointed Laura J. Peterson, who had been serving as the Company's Interim President and Chief Executive Officer, as permanent President and Chief Executive Officer.
Max materiality 0.90 · Median 0.55 · Most common event other_material