Exhibit 99.1 Cyngn Reports First Quarter 2024 Financial Results MENLO PARK, Calif., May 8, 2024 – Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN) today announced its financial results for the fiscal first quarter ended March 31, 2024. Recent Operating Highlights: "During the first quarter, we continued the momentum we made during 2023, marked by rapid strides toward broad commercialization," said Lior Tal, Cyngn's CEO. "Our success is bolstered by the strength of our ecosystem partners, particularly wit ...

MENLO PARK, Calif., May 3, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), a developer of AI-powered autonomous driving software solutions for industrial applications, today announced the underwriter of its previously announced firm commitment public offering has exercised its over-allotment option to purchase an additional 2,040,000 shares of common stock at a price of $0.10 per share. Total gross proceeds to the Company from the offering, including funds received from the prior c ...

MENLO PARK, Calif., April 25, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), a developer of AI-powered autonomous driving software solutions for industrial applications, today announced the closing of its public offering made on a firm commitment basis with gross proceeds to the Company of $5.0 million, before deducting fees and other expenses payable by the Company. The offering consisted of 50,000,000 shares of common stock and pre-funded warrants. Each share of common stock (or ...

MENLO PARK, Calif., April 23, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), a developer of AI-powered autonomous driving software solutions for industrial applications, today announced the pricing of its public offering made on a firm commitment basis with gross proceeds to the Company expected to be approximately $5.0 million, before deducting fees and other expenses payable by the Company. The offering consists of 50,000,000 shares of common stock and pre-funded warrants. Each ...

MENLO PARK, Calif., April 23, 2024 /PRNewswire/ -- Cyngn Inc. ("Cyngn", NASDAQ: CYN) has been chosen to supply its DriveMod Tuggers for industrial automation to John Deere's operation in Dubuque, Iowa. Cyngn is a supplier of AI-powered autonomous vehicle and data solutions based in Menlo Park, CA. Cyngn Joins John Deere Supply Base "We are thrilled to be working with Deere, a company that has a long history of producing cutting-edge technology that yields amazing products for its customers," said Cyngn' ...

MENLO PARK, Calif., April, 18, 2024 /PRNewswire/ --  Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN). Business Update from Lior Tal, CEO at Cyngn Inc.Dear Shareholders, Customers, and Partners, Business Update from Lior Tal, CEO at Cyngn Inc. I want to take this opportunity to put some of the recent press releases and milestones we announced in context and to provide an update on the progress we've made both operationally and technologically to accelerate revenues and position Cyngn for success. Ma ...

Cyngn invites individual and institutional investors, as well as advisors and analysts, to attend in person or online at VirtualInvestorConferences.comMENLO PARK, Calif., April 10, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN) today announced that Ben Landen, Cyngn's Vice President of Business Development, will present live at the AI & Technology Hybrid Virtual Investor Conference presented by Water Tower Research and hosted by VirtualInvestorConferences.com, on April 11th, 2024.D ...

MENLO PARK, Calif., March 19, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), a developer of AI-powered autonomous driving solutions for industrial applications today announced its initial DriveMod Tugger deployment with Rivian, the innovative leading electric vehicle manufacturer. The deployment was at Rivian's Normal, IL manufacturing facility.This deployment continues to emphasize the commercial interest Cyngn's Enterprise Autonomy Suite (EAS) products are garnering with custome ...

MENLO PARK, Calif., March 14, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN) today announced its strategic partnership with RobotLAB, a premier robotics integrator that has deployed over 10,000 robots with customers across the globe. As a part of this partnership, RobotLAB will purchase ten fully-autonomous DriveMod Tuggers from Cyngn to establish an initial fleet for sale to end customers. The partnership paves the way for joint sales efforts that present exciting revenue growth o ...

https://vimeo.com/cyngn/motrec-90-seconds?share=copy MENLO PARK, Calif., March 11, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN) is excited to share the first-ever video footage of our latest innovation: the AI-powered DriveMod Tugger. Designed for automating repetitive hauling workflows such as transferring finished goods or delivering supplies, this cutting-edge innovation marks a significant milestone in the integration of Cyngn's DriveMod technology with the MT-160 tow tractor ...