This was answered on the FAQ page:
http://www.provue.com/panoramax/faq/#answer4
To save you a click, no, Panorama X will not currently work on iOS. However, unlike Panorama 6, Panorama X is now written in Objective-C, a language that is compatible with the iPhone. So once the Macintosh version of Panorama X is complete we do plan to tackle iOS. However, pretty much all of the UI will have to be rewritten for iOS, so I would expect that this would not be available for at least 18 to 24 months.