Cyngn Inc (CYN) Provides Strategy Update

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Go back to Cyngn Inc (CYN) Provides Strategy Update

Cyngn's Drive for Commercialization and Technical Innovation Continues

October 22, 2024 7:05 AM EDT

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.

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