Cyngn Executes Letter of Intent to Sell Multiple DriveMod Tuggers to Major Automotive Supplier
Cyngn(CYN) Prnewswire·2024-10-31 11:05MENLO PARK, Calif., Oct. 31, 2024 /PRNewswire/ -- Today, Cyngn announced that it has received a signed Letter of Intent (LOI) from a major automotive supplier to sell and deploy multiple DriveMod Tuggers in early 2025. This achievement demonstrates Cyngn's continued traction with its Enterprise Autonomy Suite ("EAS") automation solutions for heavy manufacturing industries. Just last week, Cyngn announced a new contract with a different automotive manufacturing customer. Cyngn Executes Letter of Intent t ...