Since August 2023 , Cyngn has been granted twelve additional patents, bringing the total U.S. patents granted to 22. MENLO PARK, Calif. , April 3, 2025 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN) announced the official granting of a new patent, 12,246,733, for the Company's innovative autonomous vehicle... Read More

MENLO PARK, Calif. , March 13, 2025 /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... Read More

MENLO PARK, Calif. , March 11, 2025 /PRNewswire/ -- Cyngn Inc. (Nasdaq: CYN) today announced that it will be deploying its DriveMod Tugger at a global Fortune 500 automotive supplier. This milestone highlights Cyngn's growing proven ability to meet the unique demands of the automotive manufacturing industry and deliver... Read More

Recent Operating Highlights: Cyngn received approximately $1.3M of new bookings for DriveMod vehicles from direct sales during Q4-2024 Cyngn Signed Contract to Deploy DriveMod Tugger at a Major Consumer Packaged Goods Company Cyngn Announced Multiple Deployments at Major Automotive Brands, including Coats . Cyngn Raised $33m... Read More

MENLO PARK, Calif. , Feb. 26, 2025 /PRNewswire/ -- Cyngn, Inc. (the "Company" or "Cyngn") (Nasdaq: CYN) will announce its 2024 fourth quarter and year-end financial results for the period ended December 31, 2024 , on Wednesday, March 5, 2025 , after the close of market. The financial results will be available on the Cyngn website under "News & Events" at https://investors.cyngn.com/ . The Company will not host an earnings... Read More

Deployments of Cyngn's DriveMod Tugger and Forklift have now included four key sectors: Manufacturing, Consumer Packaged Goods, Logistics, and Defense Use cases are diverse and highlight adaptability, scalability, and different value propositions of Cyngn's solutions. Reflects market demand to adopt industrial automation... Read More

MENLO PARK, Calif. , Feb. 13, 2025 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN) today announced that it will proceed with a 1-for-150 reverse stock split ("Reverse Stock Split") of its outstanding shares of Common Stock following approval by its Board of Directors. This ratio is within the ratio range approved by stockholders at the Company's special stockholder meeting held on January 30, 2025. Cyngn... Read More

MENLO PARK, Calif. , Feb. 12, 2025 /PRNewswire/ -- Today, Cyngn Inc. (NASDAQ: CYN) announced that all outstanding Series B cashless warrants have been fully exercised. These warrants were originally issued in connection with a public offering that closed on December 23, 2024 . As part of that transaction, the Company entered into a securities purchase agreement (the "Purchase Agreement") for the sale of 3,076,006 shares of... Read More

MENLO PARK, Calif. , Jan. 28, 2025 /PRNewswire/ -- Today, Cyngn (Nasdaq: CYN) announced that it will be deploying its DriveMod Tugger at a major Consumer Packaged Goods (CPG) distribution company. This deployment reaffirms Cyngn's expanding presence across manufacturing and distribution, highlighting the versatility of its... Read More

MENLO PARK, Calif. , Jan. 23, 2025 /PRNewswire/ -- Cyngn Inc. (Nasdaq: CYN) today announced that it has continued making notable inroads with the automotive manufacturing sector. To date, the company has conducted DriveMod Tugger deployments at varying stages of maturity with no less than five major automotive Original... Read More

MENLO PARK, Calif. , Jan. 16, 2025 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN) today announced the initiation of a production deployment with COATS Company , the largest full-line wheel service equipment manufacturer in North America , boasting over 70 years of industry experience. The deployment of... Read More

Cyngn enters the year with strong momentum, leveraging its latest financing to scale production and deployment of DriveMod Tuggers and advance commercial release of DriveMod Forklifts. MENLO PARK, Calif. , Jan. 14, 2025 /PRNewswire/ -- Cyngn Inc. (Nasdaq: CYN) today announced that it has secured $33 million in funding. This... Read More

MENLO PARK, Calif. , Dec. 31, 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 previously announced registered direct offering priced at-the-market under Nasdaq rules for the purchase and sale of an aggregate of 15,000,000 shares of common stock (or pre-funded warrants in... Read More

MENLO PARK, Calif. , Dec. 30, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), a developer of AI-powered autonomous driving software solutions for industrial applications, today announced that it has entered into definitive agreements in a registered direct offering with certain institutional investors for the purchase and sale of 15,000,000 shares of common stock and/or pre-funded warrants to... Read More

MENLO PARK, Calif. , Dec. 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 closing of a follow on offering, priced at the market, with gross proceeds to the Company of approximately $20.0 million , before deducting placement agent fees and other estimated offering expenses payable by... Read More

MENLO PARK, Calif. , Dec. 20, 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 a follow on offering, priced at the market, with gross proceeds to the Company expected to be approximately $20.0 million , before deducting placement agent fees and other estimated offering expenses... Read More

NEW YORK, NY / ACCESSWIRE / November 14, 2024 / Aegis Capital Corp . acted as Exclusive Placement Agent on a $3.5 Million Private Placement for Cyngn Inc. (NASDAQ:CYN). About Cyngn Inc. Cyngn develops and deploys scalable, differentiated autonomous vehicle technology for industrial organizations. Cyngn's self-driving solutions allow existing workforces to increase productivity and efficiency. The Company addresses... Read 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 /PRNewswire/ -- Cyngn Inc. (Nasdaq: CYN) has announced progress of its proprietary computer vision (CV) technology for industrial... Read 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 multiple DriveMod Tuggers to global automotive supplier. Successfully completed DriveMod Tugger Initial Deployment with a major defense... Read More

MENLO PARK, Calif. , Nov. 4, 2024 /PRNewswire/ -- 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 technology-driven sectors, including automation, SaaS, and manufacturing systems. In... Read More

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... Read More

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")... Read 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. , 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... Read More

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... Read 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 a major automotive service equipment manufacturer. Expanded its dealer network, adding multiple sales channels that offer Motrec... Read More

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... Read More

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.... Read 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 decisions regarding their surroundings. MENLO PARK, Calif. , Oct. 16, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn")... Read More

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... Read More

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... Read More

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... Read More

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. At its core, the patent optimizes sensor data processing by integrating advanced LiDAR and image technologies. By... Read 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 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... Read More

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... Read More

MENLO PARK, Calif. , July 11, 2024 /PRNewswire/ -- 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 Cyngn's autonomous DriveMod Tugger. The DriveMod Tugger bundles Cyngn's autonomous... Read More

MENLO PARK, Calif. , July 9, 2024 /PRNewswire/ -- 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 decision making method designed to enhance how AVs operate in real-world... Read More

MENLO PARK, Calif. , July 2, 2024 /PRNewswire/ -- 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 following approval by its Board of Directors. This ratio is within the ratio range approved by stockholders at the Company's annual stockholder meeting held on June 25, 2024 . The... Read More

MENLO PARK, Calif. , June 12, 2024 /PRNewswire/ -- 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 showcases the cutting-edge capabilities of Cyngn's DriveMod solutions, highlighting... Read More

MENLO PARK, Calif. , May 31, 2024 /PRNewswire/ -- 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, 2024 and proxy materials containing several critical matters requiring shareholder approval have been distributed. The matter I wanted to talk to you about today is granting... Read 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 4x efficiency gain. Announced initial deployment with Rivian. Announced strategic partnership with RobotLAB, expanding the Cyngn Distributor Network. Aligned with Nvidia to power DriveMod's artificial intelligence. Attended MODEX... Read 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 integrator that delivers impactful business innovations and solutions for companies across many industries, has proudly partnered with autonomous vehicle software developer, Cyngn Inc. ("Cyngn"), to expand the availability of its... Read More

MENLO PARK, Calif. , May 8, 2024 /PRNewswire/ -- 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 base Completed initial DriveMod Tugger deployment with Rivian Received a notice of... Read More

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... Read More

MENLO PARK, Calif. , May 1, 2024 /PRNewswire/ -- 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 market. The financial results will be available on the Cyngn website under "News & Events" at https://investors.cyngn.com/ . The Company will not host an earnings call. About Cyngn... Read More

NEW YORK, NY / ACCESSWIRE / April 25, 2024 / Aegis Capital Corp. acted as Sole Bookrunner on a $5 Million Underwritten Public Offering for Cyngn Inc. (NASDAQ:CYN). About Cyngn Inc. Cyngn Inc., an autonomous vehicle (AV) technology company, develops autonomous driving software. The company is developing Enterprise Autonomy Suite, which consists of DriveMod, a modular industrial vehicle autonomous driving software; Cyngn... Read More

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... Read More

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... Read More

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. "We are thrilled to be... Read More

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, I want to take this opportunity to put some of the recent press releases and milestones we announced in context and to provide... Read More

MENLO PARK, Calif. , April 16, 2024 /PRNewswire/ -- 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 the generation of a compensated environmental model by applying methods to address... Read More

Cyngn invites individual and institutional investors, as well as advisors and analysts, to attend in person or online at VirtualInvestorConferences.com MENLO 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... Read More

MENLO PARK, Calif. , April 9, 2024 /PRNewswire/ -- 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 sales in 2023. The deployment brings the DriveMod Tugger to Polaris' Madison,... Read More

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... Read More

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... Read More

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... Read More

MENLO PARK, Calif. , March 6, 2024 /PRNewswire/ -- 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 Renews Contract ; 4x Gains in Efficiency Achieved Nasdaq Grants Extension for... Read 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 MODEX 2024 with Motrec International Inc. on March 11 to 14, 2024 , in Atlanta, Georgia . Cyngn is thrilled to offer a sneak peek... Read More

MENLO PARK, Calif. , Feb. 27, 2024 /PRNewswire/ -- 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 the close of market. The financial results will be available on the Cyngn website under "News & Events" at https://investors.cyngn.com/ . The Company will not host an earnings... Read More

MENLO PARK, Calif. , Feb. 22, 2024 /PRNewswire/ -- 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 a leading private label leather and fabric care company. USC has become the trusted partner for leading brands like Michael Kors, Birkenstock, and Monster Energy that seek... Read More

MENLO PARK, Calif. , Feb. 21, 2024 /PRNewswire/ -- 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 was given until August 19, 2024 to regain compliance with Nasdaq's $1 minimum bid price per share requirement. "We are pleased with the extension and express our appreciation to... Read More

MENLO PARK, Calif. , Feb. 8, 2024 /PRNewswire/ -- 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 1:00 - 1:45 p.m. Pacific Standard Time . Cyngn's Head of Investor Relations, Planning & Strategy, Bill Ong , will provide a company overview. Singular Research's Emerging Growth &... Read More

MENLO PARK, Calif. , Feb. 7, 2024 /PRNewswire/ -- 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 new feature enables organizations to automate the entire tugging workflow,... Read 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 developer of AI-powered autonomous driving solutions for industrial applications, today announced the issuance of a new patent,... Read More

MENLO PARK, Calif. , Jan. 25, 2024 /PRNewswire/ -- 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 industrial vehicles. Following the path Tesla took with its Autopilot hardware, the... Read 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 manufacturer. Added two new vehicle types: Partnership with BYD to develop autonomous DriveMod Forklifts and partnership with... Read More

MENLO PARK, Calif. , Jan. 19, 2024 /PRNewswire/ -- 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 Sequire Investor Summit 2024 event on January 24, 2024 at 11:00 - 11:25 a.m. local time ( 10:00 - 10:25 am EST ). Cyngn's Chief Financial Officer Don Alvarez will provide an overview of... Read 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 "Cyngn") (Nasdaq: CYN), a developer of AI-powered autonomous driving solutions for industrial applications, today announced the issuance of a new patent, US-11,837,090-B2, for the Company's autonomous vehicle (AV) and driving... Read More

NEW YORK, NY / ACCESSWIRE / December 12, 2023 / Aegis Capital Corp. acted as Exclusive Placement Agent on a $5.0 Million Public Offering of Common Stock for Cyngn Inc . (NASDAQ:CYN). About Cyngn Inc. Cyngn Inc., an autonomous vehicle (AV) technology company, develops autonomous driving software. The company is developing Enterprise Autonomy Suite, which consists of DriveMod, a modular industrial vehicle autonomous driving... Read More

MENLO PARK, Calif. , Dec. 12, 2023 /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 common stock public offering made on a reasonable best-efforts basis with gross proceeds of approximately $5.0 million , before deducting placement agent fees and other expenses payable by the... Read More

MENLO PARK, Calif. , Dec. 8, 2023 /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 common stock public offering made on a reasonable best-efforts basis with gross proceeds of approximately $5.0 million , before deducting placement agent fees and other expenses payable by the... Read 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 "Cyngn") (Nasdaq: CYN), a developer of AI-powered autonomous driving solutions for industrial applications, today announced the issuance of a new patent, US-11,837,089-B2, for the Company's autonomous vehicle (AV) and driving... Read 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" or "Cyngn") (Nasdaq: CYN), a developer of AI-powered autonomous driving solutions for industrial applications, will attend the... Read 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 Organizations. Cyngn has signed revenue-generating contracts with companies in the Fortune Global 500 and the Fortune 100. Expansion to New... Read More

MENLO PARK, Calif. , Nov. 8, 2023 /PRNewswire/ -- 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 fiscal third quarter ended September 30, 2023 . Recent Operating Highlights: Raised $1 . 5 million from common stock only at-the-market sales agreement through October 31, 2023... Read 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, 2023 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), a developer of AI-powered autonomous driving software solutions for industrial applications, today announced that it has raised $1.3 million under its... Read More

MENLO PARK, Calif. , Oct. 25, 2023 /PRNewswire/ -- 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 financial results for the period ended September 30, 2023 , on Wednesday, November 8, 2023 , after the close of market. The financial results will be available on the Cyngn website under... Read 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 with a 54-inch turning radius. MENLO PARK, Calif. , Oct. 24, 2023 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq:... Read 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/ -- Cyngn , (the "Company" or "Cyngn") (Nasdaq: CYN), a developer of AI-powered autonomous driving solutions for industrial... Read 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 developer of AI-powered autonomous driving solutions for industrial applications, reminds investors that Thursday, October 19, 2023 will be the last business day for new and existing Cyngn stockholders to purchase and own Cyngn common... Read 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 patents granted to 16 MENLO PARK, Calif. , Oct. 17, 2023 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), a... Read 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. , Oct. 12, 2023 /PRNewswire/ -- Cyngn, (the "Company" or "Cyngn") (Nasdaq: CYN), a developer of AI-powered autonomous driving... Read More

MENLO PARK, Calif. , Oct. 10, 2023 /PRNewswire/ -- 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 stock approved by its board of directors. That announcement was made on the October 2, 2023 press release referenced here . Cyngn stockholders should be aware of the following dates:... Read More

MENLO PARK, Calif. , Oct. 5, 2023 /PRNewswire/ -- 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 shortage crisis with its recent partnership with Arauco, as reported by Forbes in August... Read More

MENLO PARK, Calif. , Oct. 3, 2023 /PRNewswire/ -- 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, US-11760368-B2, for the Company's autonomous vehicle (AV) and driving solutions. This new... Read More

MENLO PARK, Calif. , Oct. 2, 2023 /PRNewswire/ -- 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 pro rata 10% dividend of its common stock. The dividend will be paid on October 30, 2023 (the "Distribution Date") to all holders of record of the Company's common stock as of the... Read 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 in AI-powered autonomous driving solutions for industrial settings, and Arauco , a leading global provider of sustainable forestry... Read 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/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), a developer of AI-powered autonomous driving solutions for industrial applications, today announced the beginning of its deployment with a Fortune 100 Heavy Equipment Manufacturer to... Read More

DETROIT , Sept. 21, 2023 /PRNewswire/ -- 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 at the MGM Grand in Detroit . The American Automotive Summit is a leadership-focused meeting about improving plant floor operations and manufacturing strategy globally. The summit provides... Read 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") (Nasdaq: CYN), a developer of AI-powered autonomous driving solutions for industrial applications, today announced the issuance of four new patents granted by the United States Patent and Trademark Office (USPTO) for its... Read 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 enhance Arauco's operational efficiency and safety MENLO PARK, Calif. , Aug. 23, 2023 /PRNewswire/ -- Cyngn Inc. (Nasdaq: CYN), a... Read 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 "Company" or "Cyngn") (Nasdaq: CYN), a developer of AI-powered autonomous driving solutions for industrial applications, recently secured... Read More

MENLO PARK, Calif. , Aug. 21, 2023 /PRNewswire/ -- 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 HC Wainwright Global Investment Conference on Monday, September 11, 2023 . Cyngn CEO Lior Tal will provide an overview of the company and as well as updates on its latest... Read More

MENLO PARK, Calif. , Aug. 18, 2023 /PRNewswire/ -- 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 Emerging Growth Conference on Wednesday, September 6, 2023 at 12 p.m. EDT . Cyngn CEO Lior Tal will provide a company business overview and deployment updates. Emerging Growth... Read 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 new OEM, Motrec, to launch autonomous DriveMod Tuggers Pre-order from Arauco for 100 DriveMod Forklifts, potentially represents up to $5 million per year in recurring revenue Continued sales traction for autonomous stockchaser and... Read 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 2023 , 4 additional patents granted to Cyngn, bringing total US patents granted to 10 15 additional US patents and 20 international patents have been submitted Proprietary technology stack consists of more than 80 elements that... Read 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 Atlanta Additional markets to be announced Cyngn sales leaders to host demos, product briefings, and take pre-orders MENLO PARK, Calif. , Aug. 15, 2023 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), a... Read 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" or "Cyngn") (NASDAQ: CYN), a developer of AI-powered autonomous driving software solutions for industrial applications, today announced its financial results for the fiscal second quarter ended June 30, 2023 . Recent Operating... Read 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 operations MENLO PARK, Calif. , Aug. 8, 2023 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), a developer of AI-powered autonomous driving solutions for industrial applications, today announced a paid pre-order... Read 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. (the "Company" or "Cyngn") (Nasdaq: CYN), a developer of AI-powered autonomous driving solutions for industrial applications,... Read More

MENLO PARK, Calif. , July 25, 2023 /PRNewswire/ -- 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 financial results for the period ended June 30, 2023 , on Wednesday, August 9, 2023 , after the close of market. The Company will host an earnings call at 1:30pm PDT / 4:30 pm EDT . A... Read More

MENLO PARK, Calif. , July 19, 2023 /PRNewswire/ -- 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 Inc, a globally recognized manufacturer of industrial electric vehicles. The industrial vehicle manufacturer will integrate Cyngn's DriveMod into their fleet of autonomous tuggers.... Read More

MENLO PARK, Calif. / Jun 15, 2023 / Business Wire / Cyngn Inc. (the “Company” or “Cyngn”) (Nasdaq: CYN), a developer of AI-powered autonomous driving solutions for industrial applications, today announced that they have made significant progress adapting DriveMod to enable autonomous forklifts . The autonomous forklift... Read More

MENLO PARK, Calif. / May 18, 2023 / Business Wire / Cyngn, Inc. (the “Company” or “Cyngn”) (Nasdaq: CYN), a developer of AI-powered autonomous driving solutions for industrial applications, will participate at the Singular Research Spring Select Investor Webinar on Wednesday, May 24, 2023 at 1:00pm – 1:45pm PDT and the LD Micro investor conference on Wednesday, June 7, 2023 at 9:00am – 9:25am PDT in Los Angeles, CA. Singular... Read More

Toronto, Canada--(Newsfile Corp. - May 15, 2023) - VID Media Incorporated ("VID") is pleased to announce that it will host a VID Town Hall Forum with CYNGN (NASDAQ: CYN) or the ("Company") on Thursday, May 18, 2023, at 11:00 am ET. Ben Landen, Vice President of Business Development will provide shareholders and interested stakeholders with an introduction to Cyngn, a developer of scalable, differentiated autonomous vehicle... Read More

Quarterly revenue of $0.9 million from autonomous vehicle development contracts MENLO PARK, Calif. / May 10, 2023 / Business Wire / 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 fiscal first quarter ended March 31, 2023. Recent Operating Highlights: Announced automated robotics... Read More

MENLO PARK, Calif. / May 09, 2023 / Business Wire / Cyngn, Inc. (the “Company” or “Cyngn”) (Nasdaq: CYN), a developer of AI-powered autonomous driving solutions for industrial applications, announced today that Sean Stetson has been hired as VP of Engineering. Stetson is an accomplished product development leader who brings... Read More

MENLO PARK, Calif. / May 03, 2023 / Business Wire / Cyngn, Inc. (the “Company” or “Cyngn”) (Nasdaq: CYN), a developer of AI-powered autonomous driving software solutions for industrial applications, has announced the release of its Enterprise Autonomy Suite (EAS) version 9.0. The newest version of EAS comes with a suite of... Read More