Palladyne AI is a small, early-stage U.S. technology company developing AI software and hardware systems for industrial robots and defense drone applications. The company operates two businesses. Palladyne Commercial develops AI/ML software that enables industrial robots, cobots, and UAVs to operate autonomously in unstructured environments. The flagship product, Palladyne IQ, gives industrial robots the ability to observe, learn, reason, and act without constant human reprogramming, targeting factory, warehouse, and logistics settings. Palladyne Pilot extends similar autonomous navigation and multi-vehicle collaboration capabilities to commercial UAV operators. Palladyne Defense, launched in late 2025 following acquisitions, is a vertically integrated defense technology business combining autonomy software (SwarmOS), avionics hardware (BRAIN flight computers), proprietary drone munitions (Gremlin-X and SwarmStrike), aerospace engineering services (GuideTech), and precision manufacturing (Crucis). Palladyne Defense targets U.S. DoD demand for low-cost, AI-enabled autonomous drone systems. Palladyne sells to commercial businesses, defense prime contractors, and directly to the U.S. government. Commercial revenue comes from term-based software licenses; defense revenue comes from hardware sales, engineering services fees, manufacturing contracts, and eventually direct system sales. The company is early-stage, with 2024 revenue of roughly $8M, and traces its roots to a University of Utah spinout that was acquired by Raytheon in 2007, spun back out in 2014, went public via SPAC in 2021, and rebranded as Palladyne AI in 2024.