Palladyne Ai Corp. · NASDAQ:PDYN
Palladyne Ai — Q3 2025 Earnings Presentation
32 slides from Palladyne Ai's earnings presentation, Nov 17, 2025
Slide 1: America’s Cross-Domain Force Multiplier
America’s Cross-Domain Force Multiplier NASDAQ: PDYN / November 2025
Slide 2: Disclaimer
Disclaimer This presentation and any related oral statements contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 including, but not limited to, statements regarding Palladyne AI’s business strategy, projections of market opportunity, anticipa
Slide 3: Where Intelligence Meets Action
Intelligence at the edge, not just in the cloud Built for defense, security, and industrial operations Where Intelligence Sense Think/Decide Act Meets Action Palladyne AI is defining the future of embodied AI - Intelligent systems that sense, think/decide, and act in the real world. PALLADYNE AI PRO
Slide 4: Palladyne AI At-A-Glance (Yesterday)
Yesterday Palladyne AI At-A-Glance Two Embodied AI Software Products Palladyne IQ & Palladyne Pilot SwarmOS * DECADES OF EXPERIENCE Industrial Construction Logistics Defense Public Safety Manufacturing In robotics/AI/ML Employees Mainly world class robotics *The defense variant of Palladyne Pilot Ae
Slide 5: Introducing Palladyne Defense: Redefining The Mid-Tier Prime
Introducing Palladyne Defense: Redefining The Mid-Tier Prime Ethical Embodied AI + Cost Effective Mission Effects + Precision Harm Mitigation PALLADYNE AI PROPRIETARY 5
Slide 6: Today: A Defining Transformation
Today A Defining Transformation Launching Palladyne Defense as our new defense-focused business From robotics to AI software innovator to fully integrated defense technology Strategic acquisitions of GuideTech and company. The Crucis Companies (“Crucis”) Together, these companies bring rapid design
Slide 7: Why Now? The World Has Changed.
Why Now? The World Has Changed. Three Structural Shifts Driving Demand The New Rules of Readiness DoW cost-per- Reshoring and AI in mission effect mandate: sovereignty: systems: Priorities shifting Rebuilding domestic Autonomy deployed from “the biggest” to manufacturing for into real problems, “the
Slide 8: The Strategic Imperative: Why We Exist
The Strategic Imperative: Why We Exist The New Mid-Tier Prime for Embodied AI Bridge between fast but Primes small startups and massive Large But primes Slow Deliver affordable, intelligent systems built in America Provide DoW with an agile, The New Mid-Tier Prime vertically integrated partner The P
Slide 9: Three Inputs. One Exponential Advantage.
SwarmOS: embodied AI and Three Inputs. One Exponential Advantage. autonomy core for defense and public safety missions The next step in our transformation: GuideTech: aerospace design and Brings together three powerful avionics engineering group that capabilities: AI core, engineering nucleus, moves
Slide 10: Why GuideTech Matters
Why GuideTech Matters Design Speed for a World That Can’t Wait Former prime engineers with deep missile/UAS design pedigree Design, Prototype, Test Design for Low Cost, High Design and iterate new Manufacture Rate MFG systems in less than 6 months Already supplying avionics and prototypes to multipl
Slide 11: From Design to Deployment
From Design to Deployment A Full Design-to-Field Process Concept → Simulation → Prototype → Flight Test → Initial Production Supports both partner systems Designed to shorten DoW and proprietary programs evaluation and field cycles Preliminary Detailed Design Hardware Integration Flight Operations D
Slide 12: BRAIN Avionics: Lightweight, Mission-Grade Compute
BRAIN Avionics: Lightweight, Mission-Grade Compute High Performance at a Fraction of Legacy Cost Replaces BRAIN Conventional Avionics Compact modular flight controller: 1/10 the cost and weight of legacy avionics $17k IMU $12k Integrated CPU/GPU core Realtime Module enables onboard AI inference — au
Slide 13: Project Banshee: Precision Loitering Munition
Project Banshee: Precision Loitering Munition Intelligent, Attritable, Mission-Focused Project Banshee Designed for tactical and <$1K Cost Per Target Effect strategic missions, not hobby/consumer UAVs Warhead Size 3 lbm Range 20 km Comparable or better range # Missions 30+ and payload vs. incumbent
Slide 14: Project Banshee Test Video
Project Banshee Test Video https://vimeo.com/1136670016/911ffd645e PALLADYNE AI PROPRIETARY 14
Slide 15: Project SwarmStrike: Deep Reach at a New Price Point
Project SwarmStrike: Deep Reach at a New Price Point Cruise-Missile-Like Reach, Dramatically Lower Cost Cruise-class autonomous system with hundreds of miles Project SwarmStrike of range at attritable cost TRL 6/7 with successful flight demonstration $150k (Compared to $3M/ea for current cruise clas
Slide 16: Project SwarmStrike Test Video
Project SwarmStrike Test Video https://vimeo.com/1136674486/8eca4792a5 PALLADYNE AI PROPRIETARY 16
Slide 17: GuideTech: Engineering Backbone for IntelliSwarm
GuideTech: Engineering Backbone for IntelliSwarm Product Evolution: From Palladyne Pilot to SwarmOS to IntelliSwarm SwarmOS IntelliSwarm BRAIN (Defense/Public Safety) (SwarmOS + Brain) Palladyne Pilot Defense/Public Safety Strategic Impact Variant IntelliSwarm will enable (Defense + advanced mission
Slide 18: Crucis: Precision Manufacturing for Priority Programs
Crucis: Precision Manufacturing for Priority Programs Crucis anchors Palladyne Defense with U.S.-based production, supply-chain depth, and scalability Vertically integrated aerospace and defense manufacturing: • Machining, assembly Supplies major programs: • F-35, F-16, Tomahawk, Bradley, JDAM, M1A1
Slide 19: Capacity to Scale
Capacity to Scale Crucis doesn’t just build parts...it builds trust. It’s where our innovation becomes production. Active supplier to primes and Tier-1s; provides immediate channel access Ideal platform for DoW-driven reshoring and surge capacity Opportunity to implement Palladyne IQ for AI-driven e
Slide 20: Why Crucis Matters to Palladyne AI
Why Crucis Matters to Palladyne AI Crucis completes the loop enabling domestic scale, reliability, and reshoring for next- We’re not waiting for others to build the generation defense systems future...we’re building it ourselves, Gives Palladyne AI certified, U.S.-based right here in America. produc
Slide 21: Where It All Comes Together
Where It All Comes Together Design + AI + Manufacturing Palladyne Defense integrates SwarmOS , GuideTech, and Crucis into one business Partner and supplier to primes; opportunistic system provider where gaps exist Aligns with DoW priorities for cost-effective, rapidly fielded autonomous systems Auto
Slide 22: Transaction Overview and Financial Impact
Transaction Overview and Financial Impact Combined acquisitions expected to Greater than more than triple 2024 revenue by 2026 3X Acquired businesses targeted to be adjusted EBITDA positive in 2026 >$10 million 18-month backlog (and growing) $7.8 M Planned $5 million investment to bring Project Bans
Slide 23: The Business Engine
The Business Engine PALLADYNE AI PROPRIETARY 23
Slide 24: Executing the Vision
Executing the Vision Two Businesses Driving Growth Palladyne Defense Palladyne Commercial “Transformation means nothing without execution. Palladyne AI is now built to operate, to scale, and to lead.” Proven leadership, clear focus, and near-term catalysts across both defense and industrial markets
Slide 25: Corporate Structure: Unified, Focused, Scalable
Corporate Structure: Unified, Focused, Scalable Palladyne AI now operates as a unified enterprise with two synergistic businesses Palladyne AI (Parent) Palladyne Defense Palladyne Commercial SwarmOS + GuideTech + Crucis Palladyne IQ + Palladyne Pilot Our structure reflects our strategy. Each busines
Slide 26: Palladyne Commercial: Scaling the Palladyne IQ Platform
Palladyne Commercial: Scaling the Palladyne IQ Platform Palladyne IQ is the foundation of our AI ecosystem, delivering intelligence that powers industrial and operational efficiency Palladyne IQ is our original AI platform – Hardware agnostic and enterprise-wide - Palladyne Pilot was derived from IQ
Slide 27: Proof of Execution: Financial and Operational Highlights
Proof of Execution: Financial and Operational Highlights Financial Strength: Awarded U.S. Patent No. 12,452,957 for closed- Ended Q3 (pre-deal closings) with $57.1 million in loop autonomy in heterogeneous sensor networks cash, cash equivalents and marketable securities with $0 debt Well-positioned
Slide 28: The Investment Thesis
The Investment Thesis Palladyne AI is a disciplined, first-mover in embodied AI, bridging autonomy, design, and manufacturing Technology Leadership Vertical Integration Dual Growth Engines Proven autonomy Full-stack capability from AI Defense and commercial architecture to design to hardware to syne
Slide 29: Two Businesses, One Platform
Two Businesses, One Platform Palladyne Defense Palladyne Commercial BRAIN Avionics, AI-enabled Palladyne IQ, Industrial IntelliSwarm Project SwarmStrike, mission Palladyne Pilot autonomy architecture Project Banshee systems Shared technology, shared intelligence one company leading autonomy for indu
Slide 30: Closing Vision: Built for This Moment
Closing Vision: Built for This Moment Palladyne AI is redefining readiness with intelligent systems designed, built, and scaled in America Palladyne AI has evolved from an autonomy software pioneer into a vertically integrated, U.S.-based embodied AI company Our two businesses — Palladyne Defense an
Slide 31: The Palladyne AI Vision
The Palladyne AI Vision https://vimeo.com/1136223405 PALLADYNE AI PROPRIETARY 31
Slide 32: Thank You.
Thank You. Investor Contact: Brian Siegel, IRC, MBA Senior Managing Director, Investor Relations, Hayden IR brian@haydenir.com (346) 396-8696 linkedin.com/company/palladyneaicorp www.palladyneai.com PALLADYNE AI PROPRIETARY 32