Palladyne Ai Corp. · NASDAQ:PDYN
Palladyne Ai — Investor Presentation (August 2024)
25 slides from Palladyne Ai's investor presentation, Aug 7, 2024
Slide 1: An AI platform to deliver human-like reasoning & autonomy for commercial and defense applications
An AI platform to deliver human-like reasoning & autonomy for commercial and defense applications Exhibit 99.2 Aug 2024
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 financial position; business strategy; projections of market o
Slide 3: Palladyne AI At-a-Glance
Palladyne AI At-a-Glance NASDAQ PDYN Experience 30+ years of robotics engineering excellence. Technology team led by CTO with 25+ years of AI/ML expertise ~65 team members, world-class robotics & AI/ML software engineers Salt Lake City, UT Innovation and operations Robotics DNA 30+ years in robotics
Slide 4: Palladyne AI: 30+ Years of Innovation and Evolution
Palladyne AI: 30+ Years of Innovation and Evolution Sarcos Robotics begins trading publicly (2021) Purchase from Raytheon (2015) 1983 2015 2021 2024 New AI Software Focus (2023) Anticipated customer trials launch Government/DoD R&D Sarcos spins out of University of Utah (1983) Dexterous Robotic Syst
Slide 5: Automation of Complex Tasks Has Been Limited For Several Reasons
Automation of Complex Tasks Has Been Limited For Several Reasons: Large language models. Most industrial robots are highly programmed for a single specific task and cannot process variations in objects, tasks, or the environment Programming and implementation of industrial robots have been time-cons
Slide 6: Our Vision: To Automate Tasks Too Complex For Traditional Automation
Our Vision: To Automate Tasks Too Complex For Traditional Automation By Enabling Machines to Observe, Learn, Reason & Act Like Humans Substantially accelerate speed of programming and training Increase agility, task sets and use cases Reduce need for human intervention and oversight Reduce cost of s
Slide 7: Automate Tasks Too Complex for Traditional Automation
Automate Tasks Too Complex for Traditional Automation Real-time, Closed-Loop Autonomy Enables Robots to Observe, Learn, Reason & Act Like Humans Addresses key challenges in traditional robotic deployments: Many processes remain under-automated due to complexity of task or environment High cost and c
Slide 8: AI for the Real (Physical) World
AI for the Real (Physical) World Most AI Today Lives in the Digital World Digital World AI/ML Approach Objective is to predict outcomes and make recommendations to empower humans – increase efficiency, improve decision making, optimize processes, develop new products, etc. Harnesses enormous amounts
Slide 9: Palladyne IQ: AI Software Platform for Robotics
Palladyne™ IQ: AI Software Platform for Robotics Real-Time Closed-Loop Autonomy Framework Designed to Enable Machines to Observe, Learn, Reason, and Act Like Humans Act Precise Robotic Control & Completion of Tasks Completes the task by accurately controlling the manipulator arm, robot, and/or end e
Slide 10: Palladyne IQ Architecture
Palladyne™ IQ Architecture Designed to Maximize System Flexibility, Adaptability, Mobility & Learning. Cloud Connectivity Not Required for Autonomous Robot Operations. 1. Only one hand controller is required (and included) in the basic Robot Training & Teleoperation Package; two controllers would be
Slide 11: Expected Advantages of Our AI Software Platform
Expected Advantages of Our AI Software Platform How Our Approach Differs Hardware agnostic1 Addresses robotic-specific challenges beyond integration Solves for system stability and pose estimation/end effector orientation Robots able to plan and execute complex combination of tasks over extended per
Slide 12: Hardware Agnostic
Hardware Agnostic1 Expected to Enable Stationary and Mobile Robotic Platforms to be Agile and Autonomous, Reduce Human Intervention and Increase ROI Designed to work with most industrial robots being sold today. According to the Proficient Market Insights’ “Global Robot Operating System” report, ROS
Slide 13: Benefits of Computing on the Edge
Benefits of Computing on the Edge C3.ai: A Full-Stack IoT Platform for Everyone. The Gordian Knot of Structured Programming (c3.ai), Traditional AI / ML Product Solution (Cloud Compute1,2) Complex, extremely large data-set integration Enormous amounts of cloud compute required Predict outcomes, make
Slide 14: Hidden Costs of Power-Hungry AI Approaches
Hidden Costs of Power-Hungry AI Approaches How It’s Done Today “You’ll be astonished how much power it takes to generate a single AI image1” Stable Diffusion's open-source XL model used almost as much power per image as that required to charge a smartphone fully Creating 1,000 images using the same
Slide 15: Potential Use Cases: Palladyne IQ
Potential Use Cases Examples based on discussions with potential customers Palladyne™ IQ
Slide 16: Manufacturing Sub Parts Assembly
Manufacturing Sub Parts Assembly1 Structured Manufacturing Line, Task Variability Tasks & Challenges Changes in production line (products, fixes, updates) come at high cost – robot retraining and manufacturing downtime Opportunity & Expected Benefits Low cost/quickly able to repurpose manipulators/
Slide 17: Kitting and Parts Sequencing
Kitting and Parts Sequencing Pick/Place/Sort Parts into Assembly Kits/Containers1 Tasks Kitting and parts sequencing for complex assemblies Challenges Can be difficult to automate without sophisticated planning, human intervention & high programming costs Variability in parts can lead to inefficienc
Slide 18: Surface Preparation
Surface Preparation Grit Blasting, Hydro Blasting, Sanding, and Grinding Tasks Removal of paint, rust, and debris from surfaces using various media blasting and grinding tools to clean and prepare surface for maintenance or finishing processes: Heavy MFG: Prepare components, chassis, and heavy machi
Slide 19: Potential Use Cases: Palladyne Pilot
Potential Use Cases Examples based on discussions with potential customers Palladyne™ Pilot
Slide 20: Enabling Robust Situational Awareness, Autonomous Detection/Tracking and Control of UAVs & UAGs
Enabling Robust Situational Awareness, Autonomous Detection/Tracking and Control of UAVs & UAGs AI/ML Software Framework (Full Stack Closed-Loop Autonomy) Situational Awareness, Autonomous Detection/Tracking & Control1 Framework (Leverages a subset of the AI Software Framework) Control of sensors on
Slide 21: Defense/Commercial Unmanned Aerial Vehicles
Defense/Commercial Unmanned Aerial Vehicles1 Unstructured, In-flight Tasks Persistent detection, tracking, and classification Challenges Highly unstructured environment – in flight High levels of uncertainty Opportunity & Expected Benefits Persistent sensor-based detection, tracking, and classificat
Slide 22: Demonstration Palladyne IQ
Demonstration Palladyne™ IQ
Slide 23: Fast Demo-Based Training
Fast Demo-Based Training Multi-SKU Pick & Place Into Put Wall
Slide 24: Fully Autonomous Robot Operation After Training
Fully Autonomous Robot Operation After Training
Slide 25: Thank You
oy )) PALLADYNE AI Thank You in] Linke in, e) www. palladyneai.com (2) info@palladyneai.com e (888) 927-7296 PALLADYNE Al PR PRIETARY