Palladyne AI Corp Provides 2025 Mid-Year Business and Financial Update

SALT LAKE CITY--(BUSINESS WIRE)--Palladyne AI Corp. (NASDAQ: PDYN and PDYNW) (“Palladyne AI”), a developer of artificial intelligence software for robotic platforms in the industrial and defense sectors, today announced key business and financial achievements to date for 2025 in conjunction with the filing of its 2025 second quarter Form 10-Q. Mid-2025 Highlights and Recent Developments Continued strengthening of the balance sheet, with $62.7 million in cash, cash equivalents, and marketable se