Cyngn(CYN)

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Cyngn's Next-Gen 12,000 lb. DriveMod Tugger Deploying With Customers, Including Commercial Contract With Major Automotive Equipment Manufacturer
Prnewswire· 2024-10-17 11:05
MENLO PARK, Calif., Oct. 17, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN) today announced a commercial deployment of its next-generation DriveMod Tugger, featuring a recent upgrade to 12,000-pound towing capacity, with a customer that is a major manufacturer of automotive service equipment. Furthermore, next-gen DriveMod Tuggers have been used in several pilot deployments with automotive and defense customers in recent weeks, highlighting continued traction in focal sectors that ...
Cyngn Secures its 21st U.S. Patent: System and Methods of Adaptive Object-based Decision Making for Autonomous Driving
Prnewswire· 2024-10-16 11:05
Since August 2023, Cyngn has been granted eleven additional patents, bringing the total U.S. patents granted to 21. Patent 21 enhances Cyngn's autonomous vehicles' capability to make informed decisions regarding their surroundings. Previous patents include: MENLO PARK, Calif., Oct. 16, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN) announced the official granting of a new patent, 12,039,867. This patent covers the Company's innovative autonomous vehicle (AV) solutions. Cyngn Secure ...
Cyngn Announces Raymond West, a Leading Dealer with $800M+ in Annual Sales, Will Begin Selling DriveMod Tuggers
Prnewswire· 2024-10-15 11:05
MENLO PARK, Calif., Oct. 15, 2024 /PRNewswire/ -- Cyngn Inc. (Nasdaq: CYN) today announced the expansion of its dealer network to include Raymond West. A leading distributor and integrator of intralogistics solutions, Raymond West will begin selling Cyngn's autonomous DriveMod Tugger. The autonomous tugger integrates Cyngn's AV technology with Motrec's MT-160. Cyngn Announces Raymond West Will Begin Selling DriveMod TuggersCyngn Announces Raymond West Will Begin Selling DriveMod Tuggers "With 21 branches ac ...
Next-Gen 12,000 lb DriveMod Tugger Built at Motrec Facility To Prepare For Customer Orders
Prnewswire· 2024-09-24 11:05
MENLO PARK, Calif., Sept. 24, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN) Cyngn today announced the first build of the next-generation 12,000 lb DriveMod Tugger has been successfully completed at the facility of its OEM partner, Motrec International Inc. This key milestone achieves the previously announced upgrade that increases towing capacity from 6,000 lb to 12,000 lb and marks a step forward for integrating Cyngn's proprietary DriveMod technology with Motrec's MT-160 tow tra ...
Cyngn Expanding DriveMod Capabilities to Outdoor Operations In Response to Increased Demand
Prnewswire· 2024-09-10 11:05
MENLO PARK, Calif., Sept. 10, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN) today announced that its AI-powered autonomous driving solution, DriveMod, will be able to operate in outdoor environments. Organizations will be able to send the DriveMod Tugger on missions that go indoors and outdoors, giving facility managers even more opportunity to automate repetitive workflows and shift employees over to more interesting, higher-value tasks. Expanding DriveMod Capabilities to Outdoor ...
Cyngn Secures its 20th U.S. Patent: Adaptive Motion Compensation of Perception Channels
Prnewswire· 2024-09-04 11:05
MENLO PARK, Calif., Sept. 4, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN) today announced the official granting of a new patent, U.S. Patent No. 12,032,099, which introduces a method to maintain the accuracy of data collected by an autonomous vehicle's sensors as the vehicle moves. Since August 2023, Cyngn has been granted ten additional patents, bringing the total U.S. patents granted to 20. Patent 20 protects systems that improve the ability of Cyngn's autonomous vehicles to ma ...
Cyngn(CYN) - 2024 Q2 - Quarterly Results
2024-08-09 21:00
Exhibit 99.1 Cyngn Reports Second Quarter 2024 Financial Results Recent Operating Highlights: ● Joined John Deere supply base ● Rolled out partnership with RobotLAB, adding the autonomous DriveMod Tugger vehicles to its portfolio of 200+ robots ● Received a notice of allowance for a 20th U.S. patent, and 21st U.S. patent for its AI-powered autonomous vehicle solutions ● Highlighted its proprietary computer vision advancements with NVIDIA accelerated computing ● Expanded the Cyngn Dealer Network to include A ...
Cyngn(CYN) - 2024 Q2 - Quarterly Report
2024-08-08 20:53
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Title of each class Trading Symbol(s) Name of each exchange on which registered Common stock, $0.00001 CYN Nasdaq Stock Market LLC FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _______ Commission file numb ...
Cyngn Reports Second Quarter 2024 Financial Results
Prnewswire· 2024-08-07 20:05
Recent Operating Highlights: MENLO PARK, Calif., Aug. 7, 2024 /PRNewswire/ -- Cyngn (or the "Company) (Nasdaq: CYN), developer of industrial autonomous vehicles, today announced financial results for its second quarter, ended Jun 30, 2024. "During the second quarter, we continued the momentum we made in Q1, marked by rapid strides toward broad commercialization," said Cyng CEO, Lior Tal. "In addition to the progress we made with John Deere, another key priority has been to expand our sales channels to acces ...
Cyngn Regains Nasdaq Compliance and Confirms No Increase in Authorized Shares
Prnewswire· 2024-07-22 11:05
MENLO PARK, Calif., July 22, 2024 /PRNewswire/ -- Cyngn Inc. (Nasdaq: CYN) (or the "Company") announced today that it has received a notice from Nasdaq confirming that the Company has regained compliance with the Nasdaq's Capital Market's minimum bid price requirement of $1.00 per share. The notice from Nasdaq indicates that the Company is in compliance with the Nasdaq Capital Market's listing requirements and the Company's common stock will continue to be listed and traded on Nasdaq. In addition to achievi ...