Articles from Cyngn
Cyngn Awarded Contract With a Global 1000 Industrial Company to Advance Automation Solutions
Cyngn (or the “Company”) (Nasdaq: CYN), a developer of innovative autonomous driving solutions for industrial applications, has announced it has been awarded a multi-phase contract to implement autonomous vehicle technology by a global, large-cap company in the heavy machinery industry.
By Cyngn · Via Business Wire · February 7, 2023
New Revenue Stream and 5,500 Pounds of Towing Capacity: Cyngn Collaborates with Jtec Industries
Cyngn Inc. (the “Company” or “Cyngn”) (NASDAQCYN), the industrial autonomous vehicle company, announced today that it is working alongside Jtec Industries, the leading manufacturer of material handling carts. For end users, the collaboration will bring a sophisticated cart system to its autonomous vehicle deployments. For Cyngn and Jtec, the collaboration will lead to additional revenue opportunities.
By Cyngn · Via Business Wire · January 11, 2023
Cyngn Reports Second Quarter 2022 Results
Cyngn Inc. (the “Company” or "Cyngn") (NASDAQCYN), a developer of innovative autonomous driving software solutions for industrial and commercial applications, today announced its financial results for the second quarter and six months ended June 30, 2022.
By Cyngn · Via Business Wire · August 10, 2022
Cyngn to Present at the Sidoti Micro-cap Virtual Conference
Cyngn (NASDAQCYN), a developer of innovative autonomous driving software solutions for industrial and commercial applications, today announced that Lior Tal, Cyngn’s CEO, is scheduled to present at the Sidoti Micro-cap Virtual Conference on Wednesday, August 17, 2022, at 12:15 p.m. PT/3:15 p.m. ET. The virtual presentation can be accessed at the “Events & Presentations” page of Cyngn’s Investor Relations website by clicking here.
By Cyngn · Via Business Wire · August 8, 2022
Cyngn Schedules 2022 Second Quarter Financial Results Release and Conference Call
Cyngn (or the “Company”) (NASDAQCYN), a developer of innovative autonomous driving software solutions for industrial and commercial applications, today announced that it will release financial results for the second quarter and six months ended June 30, 2022, after the close of the stock market on Wednesday, August 10, 2022. The Company will discuss those results in a conference call at 2 p.m. PT/5 p.m. ET that same day.
By Cyngn · Via Business Wire · August 2, 2022
New Study: Cyngn’s Autonomous Industrial Vehicles Increased Productivity by 33%
Cyngn (or the “Company”) (NASDAQCYN), a developer of innovative autonomous driving software solutions for industrial and commercial applications, today released a new case study quantifying the value that Cyngn’s autonomous vehicle (“AV”) technology brings to Global Logistics and Fulfillment (“GLF”), a leading West Coast distribution, fulfillment and third-party logistics (“3PL”) services company. This is Cyngn’s first study quantifying the return on investment an organization might expect by investing in AV technology.
By Cyngn · Via Business Wire · July 28, 2022
Cyngn Collaborates with Qualcomm to Exhibit Industrial Autonomous Mobile Robot Technology Powered by Qualcomm Robotics RB5 Platform at Hannover Messe Expo
Cyngn (or the “Company”) (NASDAQCYN), a developer of innovative autonomous driving software solutions for industrial and commercial applications, today announced its collaboration with Qualcomm Technologies, Inc. to demonstrate autonomous mobile robots (AMRs) powered by the Qualcomm Robotics RB5 Platform at the Hannover Messe Expo.
By Cyngn · Via Business Wire · May 27, 2022
Cyngn to Present at the H.C. Wainwright Global Investment Conference
Cyngn (or the “Company”) (NASDAQCYN), a developer of innovative autonomous driving software solutions for industrial and commercial applications, today announced that management is scheduled to present virtually at the H.C. Wainwright Annual Global Investment Conference on Tuesday, May 24, 2022, at 4 a.m. PT/7 a.m. ET. The webcast of the presentation can be accessed at the “Events & Presentations” page of Cyngn’s Investor Relations website by clicking here.
By Cyngn · Via Business Wire · May 20, 2022
Cyngn Publishes White Paper Highlighting the Case for Autonomous Industrial Vehicles in the Future of Manufacturing
Cyngn (or the “Company”) (NASDAQCYN), a developer of innovative autonomous driving software solutions for industrial and commercial applications, today announced the release of a white paper that examines the critical role autonomous industrial vehicles play in the future of manufacturing.
By Cyngn · Via Business Wire · May 18, 2022
Cyngn Reports First Quarter 2022 Results
Cyngn (or the “Company”) (NASDAQCYN), a developer of innovative autonomous driving software solutions for industrial and commercial applications, today announced its financial results for the first quarter ended March 31, 2022.
By Cyngn · Via Business Wire · May 11, 2022
Cyngn to Ring the NASDAQ Stock Market Opening Bell Today
Cyngn (or the “Company”) (NASDAQCYN), a developer of innovative autonomous driving software solutions for industrial and commercial applications, today announced the Company’s Chairman and CEO Lior Tal will be joined by other members of the Company to ring the opening bell of the NASDAQ Stock Market on Wednesday, May 11, 2022, at 9:30 a.m. ET in celebration of its IPO in October 2021.
By Cyngn · Via Business Wire · May 11, 2022
Cyngn Launches Infinitracker – A GPS Asset Tracker and IoT Gateway with 15-year Battery
Cyngn (or the “Company”) (NASDAQCYN), a developer of innovative autonomous driving software solutions for industrial and commercial applications, today announced the launch of Infinitracker, a global GPS asset-tracking device and Internet of things (“IoT”) data collection gateway with up to 15 years of battery life. The Infinitracker product aligns with Cyngn’s mission to create new data insights in industrial domains such as manufacturing, fulfillment, logistics, construction, and mining.
By Cyngn · Via Business Wire · May 4, 2022
Cyngn Schedules 2022 First Quarter Financial Results Release and Conference Call
Cyngn (or the “Company”) (NASDAQCYN), a developer of innovative autonomous driving software solutions for industrial and commercial applications, today announced that it will release financial results for the first quarter ended March 31, 2022, after the close of the stock market on Wednesday, May 11, 2022. The Company will discuss those results in a conference call at 2 p.m. PT/5 p.m. ET that same day.
By Cyngn · Via Business Wire · May 2, 2022
Cyngn Announces Closing of $20 Million Private Placement Priced At-the-Market
Cyngn (or the "Company") (NASDAQCYN), a developer of innovative autonomous driving software solutions for industrial and commercial applications, today closed its previously announced private placement pursuant to a securities purchase agreement entered into on April 28, 2022 with certain institutional and accredited investors for aggregate gross proceeds of approximately $20 million, before deducting fees to the placement agent and other offering expenses payable by the Company.
By Cyngn · Via Business Wire · April 29, 2022
Cyngn Announces Pricing of $20 Million Private Placement Priced At-the-Market
Cyngn (or the "Company") (NASDAQCYN), a developer of innovative autonomous driving software solutions for industrial and commercial applications, today announced that it entered into a securities purchase agreement with certain institutional and accredited investors for aggregate gross proceeds of $20 million, before deducting fees to the placement agent and other offering expenses payable by the Company.
By Cyngn · Via Business Wire · April 28, 2022
Cyngn Launches DriveMod Kit, a Fully-Equipped Autonomous Vehicle Hardware Integration Module
Cyngn (or the “Company”) (NASDAQCYN), a developer of innovative autonomous driving software solutions for industrial and commercial enterprises, today announced the official launch of DriveMod Kit, a turnkey autonomous vehicle (“AV”) solution for which Cyngn filed a patent in February 2022. DriveMod Kit’s inaugural manufacturing run started coming off the assembly line in the first half of April 2022.
By Cyngn · Via Business Wire · April 21, 2022
Cyngn Reports Fourth Quarter and Year-end 2021 Results
Cyngn (or the “Company”) (NASDAQCYN), a developer of innovative autonomous driving software solutions for industrial and commercial enterprises, today announced its financial results for the fourth quarter and year ended December 31, 2021.
By Cyngn · Via Business Wire · March 23, 2022
Cyngn to Present at the Cowen 2nd Annual Mobility Disruption Conference
Cyngn (or the “Company”) (NASDAQCYN), a developer of innovative autonomous driving software solutions for industrial and commercial enterprises, today announced that Lior Tal, CEO, Ben Landen, Vice President of Business Development, and Don Alvarez, CFO, are scheduled to present virtually at the Cowen 2nd Annual Mobility Disruption Conference on Thursday, March 3, 2022, at 1:30 p.m. PT/4:30 p.m. ET. The live webcast of the presentation can be accessed at the “Events & Presentations” page of Cyngn’s Investor Relations website by clicking here.
By Cyngn · Via Business Wire · February 23, 2022
Cyngn Files Patent for DriveMod Kit, an Adaptive, Turnkey Autonomous Vehicle Solution
Cyngn (or the “Company”) (Nasdaq: CYN), a developer of innovative autonomous driving software solutions for industrial and commercial enterprises, today announced the filing of a patent for DriveMod Kit, the latest in industrial autonomous vehicle (“AV”) technology integration.
By Cyngn · Via Business Wire · February 15, 2022
Cyngn to Present at the Aegis Virtual Conference
Cyngn (or the “Company”) (NASDAQCYN), a developer of innovative autonomous driving software solutions for industrial and commercial enterprises, today announced that management is scheduled to present at the Aegis Capital Corp. Virtual Conference on Wednesday, February 23, 2022, at 12:30 p.m. PT/3:30 p.m. ET. The conference will span three days beginning February 23, 2022, from 8:30 a.m. to 5 p.m. ET.
By Cyngn · Via Business Wire · February 10, 2022
Greenland Technologies Chooses Cyngn to Bring Autonomous Vehicle Technology to Their Fleet of Lithium-Powered Electric Forklifts
Cyngn (Nasdaq: CYN), a developer of autonomous vehicle solutions for industrial fleets, and Greenland Technologies Holding Corporation (Nasdaq: GTEC) (“Greenland”), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machinery and vehicles, today announced they are embarking on a strategic partnership whereby Cyngn will bring its self-driving vehicle capabilities to Greenland forklifts with its proprietary Enterprise Autonomy Suite (EAS). Integration of EAS will enable Greenland forklifts to switch easily between fully autonomous, manual, and remotely-controlled modes. Organizations that run Cyngn’s autonomous vehicle technology also gain access to a breadth of analytics and software tools to generate operational insights and optimizations.
By Cyngn · Via Business Wire · February 3, 2022
Cyngn Announces Appointment of HR Veteran Marc Brown as Vice President of Human Resources
Cyngn (NASDAQCYN) (the “Company”), a developer of innovative autonomous driving software solutions for industrial and commercial enterprises, today announced the appointment of Marc Brown as Vice President of Human Resources. Marc has over 20 years of experience in building high-performance, innovative teams and driving business results through people and integrated HR strategies at fast-growing global organizations.
By Cyngn · Via Business Wire · January 24, 2022
Cyngn and Columbia Vehicle Group to Begin Building Fleet of Autonomous Industrial Vehicles
Cyngn (NASDAQCYN), a developer of innovative autonomous driving software solutions for industrial and commercial enterprises, and Columbia Vehicle Group (“Columbia”), an electric vehicle manufacturer serving industrial and commercial environments, announced today that they have kicked-off production of autonomous Columbia Stockchasers powered by Cyngn’s Enterprise Autonomy Suite (“EAS”).
By Cyngn · Via Business Wire · January 18, 2022
Global Logistics & Fulfillment Taps Cyngn to Bring Autonomous Vehicle Capabilities to its Fulfillment Centers
Cyngn (or the “Company”) (NASDAQCYN), a developer of innovative autonomous driving software solutions for industrial and commercial enterprises, today announced that Global Logistics and Fulfillment LLC (“GLF”), a premier warehousing and fulfillment provider, has engaged the Company as its exclusive autonomous vehicle (“AV”) solutions provider. This follows a successful 2021 pilot deployment at GLF’s Las Vegas distribution center, which included Cyngn’s AV technology integrated into Columbia’s Stockchaser.
By Cyngn · Via Business Wire · January 10, 2022
Cyngn to Provide an Insider’s Look into the Company’s Technology Stack in its First Webinar on December 15, 2021
Cyngn (or the “Company”) (NASDAQCYN), a developer of innovative autonomous driving software solutions for industrial and commercial enterprises, today announced that it will be hosting its first webinar titled “Cyngn’s Periodic Table of Autonomous Technology: How More Than 120 Elements Make Self-Driving Possible” at 11 a.m. PT/2 p.m. ET on Wednesday, December 15, 2021.
By Cyngn · Via Business Wire · December 8, 2021
Cyngn Reports Third Quarter 2021 Results
Cyngn (or the “Company”) (NASDAQCYN), a developer of innovative autonomous driving software solutions for industrial and commercial enterprises, today announced its unaudited financial results for the third quarter ended September 30, 2021.
By Cyngn · Via Business Wire · November 17, 2021
Cyngn Schedules 2021 Third Quarter Financial Results Release and Conference Call
Cyngn (or the “Company”) (NASDAQCYN), a developer of innovative autonomous driving software solutions for industrial and commercial enterprises, today announced that it will release financial results for the third quarter and nine months ended September 30, 2021, after the close of the stock market on Wednesday, November 17, 2021. The Company will discuss those results in a conference call at 2 p.m. PT/5 p.m. ET that same day.
By Cyngn · Via Business Wire · November 9, 2021
Cyngn Announces Closing of Initial Public Offering
Cyngn (or the “Company”) (NASDAQCYN), a developer of innovative autonomous driving software solutions for industrial and commercial enterprises, today announced the closing of its initial public offering of 3,500,000 shares of common stock at a public offering price of $7.50. The gross proceeds of the offering were approximately $26.3 million before deducting underwriting discounts, commissions and offering expenses. In addition, the Company has granted Aegis Capital Corp. a 45-day option to purchase up to an additional 525,000 shares of common stock to cover over-allotments, if any, at the initial public offering price, less the underwriting discount.
By Cyngn · Via Business Wire · October 22, 2021
Cyngn Announces Pricing of Initial Public Offering
Cyngn (or the “Company”), a developer of innovative autonomous driving software solutions for industrial and commercial enterprises, today announced the pricing of its initial public offering of 3,500,000 shares of common stock at a public offering price of $7.50. The gross proceeds of the offering are expected to be approximately $26.3 million before deducting underwriting discounts, commissions and offering expenses. The offering is expected to close on October 22, 2021, subject to satisfaction of customary closing conditions.
By Cyngn · Via Business Wire · October 19, 2021
Columbia Partners with Cyngn to Bring Autonomous Vehicle Technology to Their Fleet of Commercial and Industrial Vehicles
Cyngn, a developer of innovative autonomous driving solutions for industrial and commercial enterprises, today announced its partnership with Columbia Vehicle Group. The partnership marks a key milestone in Cyngn’s ongoing effort to bring scalable, secure, and reliable autonomous vehicle technologies to industrial applications.
By Cyngn · Via Business Wire · October 13, 2021
Cyngn Announces Appointments of Two New Independent Directors
Cyngn (or the “Company”), a developer of innovative autonomous driving software solutions for industrial and commercial enterprises, today announced the appointments of Colleen Cunningham, a retired finance executive, and Jim McDonnell, a veteran sales & marketing executive, to its Board of Directors.
By Cyngn · Via Business Wire · October 5, 2021
Cyngn, Inc. Announces Confidential Submission of Draft Registration Statement for Proposed Initial Public Offering
Cyngn, Inc. announced that it has confidentially submitted a draft registration statement on Form S-1 to the U.S. Securities and Exchange Commission (the "SEC") relating to its proposed initial public offering of its common stock.
By Cyngn · Via AccessWire · August 2, 2021