Press Releases
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Nov 7, 2024read more
Cyngn has announced progress of its proprietary computer vision (CV) technology for industrial autonomous machines, built on NVIDIA accelerated computing. MENLO PARK, Calif., Nov. 7, 2024...
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Nov 6, 2024read more
Recent Operating Highlights: Executed its first paid DriveMod Forklift Deployment. Signed a commercial contract with a major automotive service equipment manufacturer. Executed LOI to sell...
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Nov 4, 2024read more
Today, Cyngn Inc. (Nasdaq: CYN) announced that Marty Petraitis is joining Cyngn as Vice President of Sales. Petraitis brings over two decades of leadership experience in scaling revenue within...
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Nov 1, 2024read more
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...
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Oct 31, 2024read more
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...
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Oct 30, 2024read more
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third quarter 2024 financial results for the period ended September 30, 2024, on Wednesday, November 6, 2024 and has withdrawn its Reg A Filing.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.,...
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Oct 25, 2024read more
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...
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Oct 22, 2024read more
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...
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Oct 21, 2024read more
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...
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Oct 17, 2024read more
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...
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Oct 16, 2024read more
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...
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Oct 15, 2024read more
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...
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Sep 24, 2024read more
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...
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Sep 10, 2024read more
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...
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Sep 4, 2024read more
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...
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Aug 7, 2024read more
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...
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Jul 22, 2024read more
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...
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Jul 11, 2024read more
Cyngn Inc. (Nasdaq: CYN) today announced the expansion of its dealer network to include Alta Equipment Group. The purveyor of both construction and material handling equipment will begin selling...
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Jul 9, 2024read more
Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN) today announced the notice of allowance for a new patent for the Company's autonomous vehicle (AV) solutions. This patent introduces an adaptive...
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Jul 2, 2024read more
Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN) today announced that it will proceed with a 1-for-100 reverse stock split ("Reverse Stock Split") of its outstanding shares of Common Stock...
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Jun 12, 2024read more
Cyngn Inc. (Nasdaq: CYN) has announced progress of its proprietary computer vision (CV) technology for industrial autonomous machines, built on NVIDIA accelerated computing. This announcement...
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May 31, 2024read more
Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN) issued a letter from the CEO — Dear Cyngn Shareholders: As most of you are aware, our annual shareholder meeting is scheduled for June 25,...
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May 16, 2024read more
Joined John Deere supply base and chosen to deploy DriveMod Tuggers to Dubuque, IA operation. Renewed contract with US Continental, unveiling a study that found Cyngn's autonomous vehicles yielded...
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May 14, 2024read more
The partnership that was announced earlier this year showcased its product catalog at the 2024 Automate Show last week. DALLAS, May 14, 2024 /PRNewswire/ -- RobotLAB, an award-winning robotics...
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May 8, 2024read more
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: Joined John Deere supply...
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May 3, 2024read more
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...
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May 1, 2024read more
Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN) will announce its fiscal first quarter 2024 financial results for the period ended March 31, 2024, on Wednesday, May 8, 2024, after the close of...
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Apr 25, 2024read more
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...
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Apr 23, 2024read more
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...
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Apr 23, 2024read more
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...
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Apr 18, 2024read more
Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN). Business Update from Lior Tal, CEO at Cyngn Inc. Dear Shareholders, Customers, and Partners, I want to take this opportunity to put some of the...
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Apr 16, 2024read more
Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN) today announced the notice of allowance for a new patent, 17/812,072, for the Company's autonomous vehicle (AV) solutions. This patent covers...
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Apr 9, 2024read more
Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), today announced its initial deployment with Polaris Inc. ("Polaris), a Fortune 500 industry leader in powersports that boasted $8.9 billion in...
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Mar 19, 2024read more
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...
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Mar 14, 2024read more
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...
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Mar 11, 2024read more
MENLO PARK, Calif. , March 11, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN) is excited to share the first-ever...
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Mar 6, 2024read more
Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN) today announced its financial results for the fourth quarter and year ending on December 31, 2023. Recent Operating Highlights: U.S. Continental...
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Feb 29, 2024read more
Cyngn will be exhibiting at booth A13913, located in the Transportation and Logistics Solution Center in Hall A. MENLO PARK, Calif. , Feb. 29, 2024 /PRNewswire/ -- Cyngn (Nasdaq: CYN) will attend...
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Feb 27, 2024read more
Cyngn, Inc. (the "Company" or "Cyngn") (Nasdaq: CYN) will announce its 2023 fourth quarter and year-end financial results for the period ended December 31, 2023, on Wednesday, March 6, 2024, after...
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Feb 22, 2024read more
Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), today announced results from its customer deployment with U.S. Continental ("USC"). With a sprawling 100,000-square-foot factory, USC stands as...
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Feb 21, 2024read more
Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), today announced it has received an additional 180-day extension from Nasdaq to continue its listing on the Nasdaq Capital Market. The Company...
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Feb 8, 2024read more
Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN) today announced that it will present at the upcoming Singular Research's Emerging Growth & Value Alpha Leaders Webinar on February 22, 2024 at...
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Feb 7, 2024read more
Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), has announced the release of its Auto-unhitch capability, a hands-off solution for our industrial autonomous vehicles to drop off cargo. This...
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Jan 29, 2024read more
Cyngn has been granted 16 patents in 2023, bringing the total US patents granted to 19 MENLO PARK, Calif. , Jan. 29, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), a...
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Jan 25, 2024read more
Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN) today announced a strategic shift to Nvidia AI computers that will revolutionize the technology powering its fleet of DriveMod autonomous...
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Jan 23, 2024read more
Paid pre-order agreement from Arauco for 100 DriveMod Forklifts, potentially represents up to $5 million per year in recurring revenue. Valuable deployment with US Continental , a California-based...
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Jan 19, 2024read more
Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), a developer of AI-powered autonomous driving solutions for industrial applications, today announced that it will present at the upcoming...
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Jan 9, 2024read more
Since August 2023, Cyngn has been granted eight additional patents, bringing the total U.S. patents granted to 18. MENLO PARK, Calif. , Jan. 9, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or...
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Dec 12, 2023read more
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 common stock...
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Dec 8, 2023read more
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 common stock...
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Dec 7, 2023read more
Since August 2023, Cyngn has been granted seven additional patents, bringing the total US patents granted to 17. MENLO PARK, Calif. , Dec. 7, 2023 /PRNewswire/ -- Cyngn Inc. (the "Company" or...
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Nov 30, 2023read more
Cyngn will attend the American Aerospace and Defense Summit with Motrec International Inc. on December 4-5, 2023 in Fort McDowell, AZ. PHOENIX , Nov. 30, 2023 /PRNewswire/ -- Cyngn Inc. (the "Company"
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Nov 8, 2023read more
The recent months have been marked by: Sales Acceleration. More customer opportunities were added to the sales pipeline in October than in all of the third quarter. Validation from Large...
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Nov 8, 2023read more
Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), a developer of AI-powered autonomous driving software solutions for industrial applications, today announced its financial results for the...
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Oct 26, 2023read more
The company is using this capital injection to expand its revenue teams. Bolstered Cyngn sales team added more deals to its pipeline in October than in all of Q3. MENLO PARK, Calif. , Oct. 26,...
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Oct 25, 2023read more
Cyngn, Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), a developer of AI-powered autonomous driving software solutions for industrial applications, will announce its fiscal third quarter 2023...
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Oct 24, 2023read more
Following the company's partnership announcement with Motrec International Inc, the first-of-its-kind DriveMod Tugger with automatic unhitching capabilities is capable of towing up to 6,000 pounds...
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Oct 19, 2023read more
With multiple partners already signed, Cyngn's DriveMod solutions are now better positioned to reach a growing base of new customers across North America MENLO PARK, Calif. , Oct. 19, 2023 /PRNewswire
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Oct 18, 2023read more
Deadline for Cyngn stockholders to receive stock dividend benefit is October 19, 2023 MENLO PARK, Calif. , Oct. 18, 2023 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), a...
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Oct 17, 2023read more
New application leverages protection and method of computation acceleration for autonomous driving systems Since August 2023, Cyngn has been granted six additional patents, bringing the total US...
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Oct 12, 2023read more
With the launch of its autonomous vehicle consultancy, Cyngn enables OEMs and other industrial organizations to spearhead new autonomous vehicle developments and deployments. MENLO PARK, Calif. ,...
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Oct 10, 2023read more
Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), a developer of AI-powered autonomous driving solutions for industrial applications, recently announced a pro rata 10% dividend of its common...
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Oct 5, 2023read more
Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), a developer of AI-powered autonomous driving solutions for industrial applications, has taken a leap toward addressing the ongoing labor...
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Oct 3, 2023read more
Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), a developer of AI-powered autonomous driving solutions for industrial applications, today announced the issuance of a new patent,...
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Oct 2, 2023read more
Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), a developer of AI-powered autonomous driving solutions for industrial applications, today announced that its board of directors has approved a...
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Sep 28, 2023read more
South Carolina to serve as the hub for electrification and automation expansion MENLO PARK, Calif. , Sept. 28, 2023 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), a pioneer...
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Sep 26, 2023read more
Cyngn will be towing parts at a large facility that uses hundreds of work vehicles to support manufacturing of hundreds of machines per day MENLO PARK, Calif. , Sept. 26, 2023 /PRNewswire/ --...
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Sep 21, 2023read more
Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), a developer of AI-powered autonomous driving solutions for industrial applications, will attend the American Automotive Summit on October 24-25...
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Sep 14, 2023read more
Since August 2023, Cyngn has been granted four additional patents, bringing total US patents granted to 14 MENLO PARK, Calif. , Sept. 14, 2023 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn")...
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Aug 23, 2023read more
Arauco's first innovative deployment site identified in Bennettsville, SC for Cyngn's DriveMod Forklifts to initiate global multi-factory rollout Cyngn's autonomous DriveMod Forklifts aim to...
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Aug 22, 2023read more
Cyngn uses Ouster's REV7 lidar sensors to maximize DriveMod's self-driving capabilities and detect pallet stack attributes MENLO PARK, Calif. , Aug. 22, 2023 /PRNewswire/ -- Cyngn Inc. (the...
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Aug 21, 2023Cyngn To Present at the HC Wainwright 25th Annual Global Investment Conference on September 11, 2023read more
Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), a developer of AI-powered autonomous driving solutions for industrial applications, today announced that it will present virtually at the...
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Aug 18, 2023read more
Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), a developer of AI-powered autonomous driving solutions for industrial applications, today announced that it will present virtually at the upcoming
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Aug 17, 2023read more
Deal signed with Fortune 100 heavy machinery and agriculture equipment company for DriveMod Stockchaser Deployment Partnership with BYD to develop autonomous DriveMod Forklifts Partnership with...
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Aug 16, 2023read more
Technology leadership that focuses on machine learning, modularity, and multiple use case enablement supported by family of patents granted by USPTO for Autonomous Vehicle Technologies Since May...
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Aug 15, 2023read more
Industrial prospects to experience first-hand Cyngn's flagship DriveMod Stockchaser navigate autonomously at their facilities Initial demo day markets include Sacramento, Minneapolis, Houston, and...
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Aug 9, 2023read more
Quarterly revenue of $0.6 million following successful achievement of milestones on autonomous vehicle development contracts MENLO PARK, Calif. , Aug. 9, 2023 /PRNewswire/ -- Cyngn Inc. (the "Company"
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Aug 8, 2023read more
Single largest pre-order of an ongoing AI-Powered innovation to date for Cyngn, demonstrates Arauco's proactive commitment to increased sustainability, efficiency, and safety in their future...
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Jul 27, 2023read more
Cyngn maintains 2023 momentum with announcement of largest customer to-date, following new contracts with industrial vehicle manufacturers MENLO PARK, Calif. , July 27, 2023 /PRNewswire/ -- Cyngn Inc.
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Jul 25, 2023read more
Cyngn, Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), a developer of AI-powered autonomous driving software solutions for industrial applications, will announce its fiscal second quarter 2023...
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Jul 19, 2023read more
Cyngn, Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), a developer of AI-powered autonomous driving solutions for industrial applications, today announced its partnership with Motrec International...