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Cyngn Successfully Completes Initial Deployment of DriveMod Tugger with Major Defense Contractor
Prnewswire· 2024-11-01 19:05
MENLO PARK, Calif., Nov. 1, 2024 /PRNewswire/ -- Today, Cyngn Inc. (Nasdaq: CYN) announced that it successfully deployed its DriveMod Tugger at a defense contractor's facility.While details are not being disclosed for security reasons, the engagement highlights the applicability of Cyngn's autonomous vehicle technology to address the rigorous operational needs of defense industry manufacturing applications, which can be particularly stringent work environments with high associated costs. Cyngn Successfu ...
Cyngn Executes Letter of Intent to Sell Multiple DriveMod Tuggers to Major Automotive Supplier
Prnewswire· 2024-10-31 19:05
MENLO 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 ...
Cyngn Announces Date for Third Quarter 2024 Financial Results and Withdrawal of Reg A Filing
Prnewswire· 2024-10-30 19:05
Cyngn will announce its fiscal third quarter 2024 financial results for the period ended September 30, 2024, on Wednesday, November 6, 2024 and has withdrawn its Reg A Filing. MENLO PARK, Calif., Oct. 30, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN) will announce its fiscal third quarter 2024 financial results for the period ended September 30, 2024, on Wednesday, November 6, 2024, after the close of market. In addition, the Company today announced that despite having been notifi ...
Kennedy Robotics AI Joins Cyngn's Dealer Network and Will Begin Selling DriveMod Tuggers
Prnewswire· 2024-10-25 19:05
MENLO PARK, Calif., Oct. 25, 2024 /PRNewswire/ -- Cyngn Inc. (Nasdaq: CYN) today announced the expansion of its dealer network to include Kennedy Robotics AI, a provider of innovative autonomous robotics solutions. Kennedy Robotics will begin selling Cyngn's autonomous DriveMod Tugger, which bundles Cyngn's AV technology with Motrec's MT-160 vehicle."We are excited to welcome Kennedy Robotics AI to our growing dealer network, bringing the DriveMod Tugger to even more businesses seeking reliable, safe, and i ...
Cyngn's Drive for Commercialization and Technical Innovation Continues
Prnewswire· 2024-10-22 19:05
In recent weeks, Cyngn — Executed its first paid DriveMod Forklift Deployment.Started deploying its next-gen 12,000 lb. DriveMod Tugger at customer facilities.Signed a commercial contract with a major automotive service equipment manufacturer.Expanded its dealer network, adding multiple sales channels that offer Motrec vehicles as well as other 3rd party system integrators.Secured its 20th and 21st US Patent.Announced DriveMod Tuggers capability to run missions outside.MENLO PARK, Calif., Oct. 22, 2024 /PRN ...
Cyngn Completes First Paid DriveMod Forklift Deployment at Customer Facility
Prnewswire· 2024-10-21 19:05
MENLO PARK, Calif., Oct. 21 ,2024 /PRNewswire/ -- Today, Cyngn announced that its autonomous DriveMod Forklift has completed its first paid autonomous deployment at a customer facility, marking an important milestone in the commercialization of the next vehicle in Cyngn's Enterprise Autonomy Suite (EAS) portfolio. Built with an array of safety systems, including 360° high-definition perception and Cyngn's Virtual Bumper technology, the DriveMod Forklift safely navigates dynamic environments while attaining ...
Cyngn's Next-Gen 12,000 lb. DriveMod Tugger Deploying With Customers, Including Commercial Contract With Major Automotive Equipment Manufacturer
Prnewswire· 2024-10-17 19:05
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 19:05
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 19:05
文章核心观点 - 公司Cyngn宣布与Raymond West合作,后者将开始销售Cyngn的自动驾驶DriveMod Tugger [1][2] - Cyngn的自动驾驶工业车辆技术正在革新制造和物流设施 [2] - Cyngn计划通过增加更多分销和集成合作伙伴来继续扩大其经销商网络 [2] 公司概况 - Cyngn开发和部署可扩展的差异化自动驾驶车辆技术,帮助工业组织提高生产率和效率 [3] - Cyngn的DriveMod套件可以安装在新的工业车辆上或通过改装现有车辆 [3] - Cyngn的旗舰产品是Enterprise Autonomy Suite,包括DriveMod、Cyngn Insight和Cyngn Evolve [4] 合作伙伴概况 - Raymond West是一家领先的配送和集成内部物流解决方案的公司,年收入超过8亿美元 [1] - Raymond West在西海岸拥有21个分支机构,此次合作是在Cyngn总部成功举办的峰会后达成的 [1] - Motrec的工业车辆以高牵引能力和可靠性而闻名,与Cyngn的自动驾驶技术相结合是一个重大突破 [2]
Next-Gen 12,000 lb DriveMod Tugger Built at Motrec Facility To Prepare For Customer Orders
Prnewswire· 2024-09-24 19:05
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 ...