CYNGN

CYNGN, Inc. engages in the development of autonomous driving software that can be deployed on multiple vehicle types in various environments. The company was founded by Kirt McMaster and Steve Kondik on February 1, 2013 and is headquartered in Menlo Park, CA.

Earnings data Q4 2021

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Cyngn, Inc. engages in the development of autonomous driving software that can be deployed on multiple vehicle types in various environments. The company was founded by Kirt McMaster and Steve Kondik on February 1, 2013 and is headquartered in Menlo Park, CA.

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.

Cyngn Reports First Quarter 2024 Financial Results

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.

Cyngn Announces Exercise and Closing of Underwriter's Over-Allotment Option

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.

Cyngn Announces Date for First Quarter 2024 Financial Results

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.

Aegis Capital Corp. Acted as Sole Bookrunner on a $5 Million Underwritten Public Offering for Cyngn Inc. (NASDAQ:CYN)

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.

Cyngn Announces Closing of $5.0 Million Firm Commitment Public Offering of Common Stock

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.

Cyngn Announces Pricing of $5.0 Million Firm Commitment Public Offering of Common Stock

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 Joins John Deere Supply Base

MENLO PARK, Calif. , April, 18, 2024 /PRNewswire/ --  Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN).

Business Update from Lior Tal, CEO at Cyngn Inc.

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.

Cyngn Receives Notice of Allowance for 20th U.S. Patent for its AI-Powered Autonomous Vehicle Solutions

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 Water Tower Research and hosted by VirtualInvestorConferences.com, on April 11th, 2024.

Cyngn to Present at the AI & Technology Hybrid Investor Conference

Polaris

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.

Cyngn Deploys with Polaris, Global Powersports Leader

Ambarella

Enthusiasm about the prospects for artificial intelligence (AI) remains a significant driver for many stocks, including several of the Magnificent Seven.

Wall Street Expects 2 AI Stocks to Return at Least 50% in 2024

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.

Cyngn Completes Initial DriveMod Tugger Deployment with Rivian

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.

RobotLAB Orders Initial Fleet of 10 DriveMod Tuggers, Joins Cyngn Distributor Network

https://vimeo.com/cyngn/motrec-90-seconds?share=copy   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.

Cyngn Reveals First Footage of AI-Powered Autonomous Motrec Tugger

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.

Cyngn Reports 2023 Fourth Quarter and Year-End Financial Results

Cyngn will be exhibiting at booth A13913, located in the Transportation and Logistics Solution Center in Hall A. MENLO PARK, Calif.

Cyngn to Attend MODEX 2024 with Motrec, Showcasing DriveMod Tugger

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.

Cyngn Announces Date for 2023 Fourth Quarter and Year-End Financial Results

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").

Customer Renews Contract as Cyngn's Autonomous Vehicles Yield 4x Efficiency Gain

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.

Cyngn Granted Extension for Continued Listing on Nasdaq

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.

Cyngn to Present at the Singular Research's Emerging Growth & Value Alpha Leaders Webinar

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.

Cyngn Releases Hands-Off Automatic Unhitching Capabilities for Industrial Autonomous Vehicles

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, US-11,851,074-B2, for the Company's autonomous vehicle (AV) and driving solutions.

Cyngn Granted 19th U.S. Patent for its AI-Powered Autonomous Vehicle Technologies

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.

Cyngn's Next-Gen DriveMod Kit Will Harness Nvidia AI Computers

NVIDIA

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.

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