Today, we are excited to reflect on 2023, a year defined by the increased commercialization of our AV technology.
This year, Cyngn not only launched two additional vehicle types but also increased our year-over-year revenue by 5.7x.
Explore more: $CYN
This demo has got (at least) two great things going for it:
1. Never-before-seen footage of our recent deployment at
@GLogisFulfill
.
2. A complete walkthrough of how organizations can easily manage, monitor, and command their autonomous fleets.
$cyn
There are over 850,000 forklifts in the US alone. Imagine if they all drove themselves. To realize that vision,
@greenlandcorp
has chosen Cyngn to bring autonomous vehicle technology to their fleet of electric forklifts. Learn more here:
$cyn
$CYN
Today, we made our first customer announcement since the IPO. Autonomous Vehicle technology is finally getting the commercial traction we've been preaching about for years.
Follow our
#AVJourney
. More announcements coming soon.
Wondering how Cyngn deploys autonomous vehicles? In this video, our Director of Engineering, Kyle Stanhouse, walks us through the steps Cyngn takes to bring autonomous vehicles to a new customer location.
Cyngn is honored to have rung the
@Nasdaq
Opening Bell this morning! We are incredibly proud of our journey from product concept to full launch since our $CYN listing and are excited about Cyngn’s future.
Thank you to everyone for this milestone moment - and many more to come!
🤖 Meet our fleet of AI-powered autonomous workhorses!
With DriveMod, we get all of your vehicles humming as a single, unified AV fleet so you can work faster for less cost. $CYN
$cyn
Our path to broad commercialization continues. Today we are announcing that we have begun building an Autonomous Stockchaser fleet with Industrial Vehicle Manufacturer
@ColumbiaVehicle
. Read more about this exciting development below.
Cyngn is excited to share our shift to
@nvidia
AI computers to revolutionize the technology powering our fleet of industrial AVs.
The transformation will cover the entire DriveMod lineup: the DriveMod Tugger, Stockchaser, and Forklift.
Read more: $CYN
Cyngn has been chosen to supply its DriveMod Tuggers for industrial automation to
@JohnDeere
's operation in Dubuque, Iowa.
“Our product offering achieves immense validation from being selected by a world-leading brand like Deere."
$CYN
"Cyngn leveraged
@nvidia
technologies to introduce sophisticated features to advance the capabilities of autonomous machines in industrial settings."
$CYN
Zen and the art of Self Driving. An autonomous car is absolute attention and focus. Never tired, never distracted.
Join us on the path to enlightenment!
Did you hear the $CYN news?
Cyngn recently filed a patent for DriveMod Kit. DriveMod Kit streamlines the installation of AV tech, making it easier and faster to convert regular vehicles into autonomous ones. Great for our clients and OEM partners.
"This partnership is another major development as we execute on our plans to bring the most innovative technology to our customers." -
@RealRayWang
Miss our recent partnership announcement with
@GreenlandCorp
? Read the full press release below.
@Cyngn
we develop and deploy self-driving solutions that move people and goods in real world environments.
Our Level 4 self-driving system for geo-fenced public and private environments is cost effective, modular and broadly applicable.
More at
By integrating
@nvidia
's computers into our vehicles, "we will not only see a reduction in power consumption but also a significant decrease in cost as we reduce the number of components in our DriveMod system."
— Cyngn CEO,
@liortal
. $CYN
Learn more:
Cyngn is very excited to announce our agreement with
@Arauco_cl
to deploy an initial 100 autonomous electric DriveMod-enabled forklifts to enhance
@Arauco_cl
's operations and drive efficiency in their material handling processes.
Learn more: $CYN
“We are thrilled to be working with Deere, a company that has a long history of producing cutting-edge technology that yields amazing products for its customers,” said Cyngn’s Chairman and CEO,
@liortal
.
$CYN
When it comes to keeping your business moving, even small things can feel huge. This holiday season, keep the commotion contained with
@Cyngn
's autonomous
@ColumbiaVehicle
stock chaser. $cyn
Cyngn had an eventful Q1 of 2024!
This included valuable progress with renowned brands like John Deere and Rivian, the expansion of our distribution network, and key collaborations aimed at advancing our artificial intelligence and robotics technologies.
Let's recap. 👇 $CYN
Cyngn's new patent, titled "System and Methods of Large-Scale Autonomous Driving Validation," provides expanded safety features in identifying problems arising from AV driving operations and generating a notification message regarding the problem.
$CYN
In 2023, Cyngn executed paid projects with leading global customers.
For example, in August, Cyngn announced a pre-order agreement with
@Arauco_cl
to deploy 100 DriveMod Forklifts. 👇 $CYN
Last week we spoke to
@GreenlandCorp
CEO
@RealRayWang
about the rise of electric industrial vehicles and the transformation that's forthcoming with the recently announced $CYN + $GTEC partnership.
💡
@nvidia
hardware and CUDA acceleration libraries have enabled us to develop differentiated self-driving features with AI, CV, and localization and mapping.
Read the full press release: $CYN
$CYN
We are very excited to announce the latest in AV retrofit technology. This simple sensor kit installs onto any
@ColumbiaVehicle
Stock Chaser, ensuring rapid deployment of Cyngn's self-driving solutions. Check out the announcement video below and stay tuned for more details.
Cyngn is excited to announce the progress of our proprietary computer vision technology for our industrial autonomous machines, built on
@nvidia
accelerated computing.
Read our new blog post to learn more:
$CYN
Cyngn is pleased to announce that we have been awarded a multi-phase contract to implement autonomous vehicle technology by a global 1000, large-cap company in the heavy machinery industry.
Read the full announcement here: $CYN
News alert! The DataDrivenInvestor recently reviewed a bunch of asset trackers and — spoiler alert — they ranked us as the number one choice. $CYN
Infinitracker offers "the highest visibility and longest, deploy-once battery life of up to 15 years". $CYN
1st = The DriveMod Forklift detects attributes of a stack of wood finished goods.
2nd = Then the DriveMod Forklift detects detailed attributes of pocket openings.
Learn more and read the full blog post: $CYN
Exciting news! To honor our October 2021 IPO, Cyngn is ringing the
@Nasdaq
Opening Bell tomorrow, May 11th, at 9:30 a.m ET. It’s been an incredible few months since our $CYN listing, and we're excited to celebrate.
Watch the ceremony live at 9:15 a.m ET:
Awesome clip from our
@BYDNorthAmerica
presentation at
#MODEX2024
:
Cyngn has partnered with
@BYDNorthAmerica
to integrate DriveMod into their fleet of forklifts and transform them into intelligent self-driving robots. $CYN
LIVE from
#MODEX2024
day 2!
This afternoon, Cyngn's Director of Business Development, Michael Lawrence, presented at the
@BYDCompany
booth on all things DriveMod Forklift.👇 $CYN
Cyngn is excited to have been granted another U.S. patent! With 16 patents granted in 2023, this brings our total number of awarded U.S. patents to 19.
Read the full press release and explore our patent portfolio: $CYN
Our partnership with
@GreenlandCorp
marks a key milestone in our efforts to bring scalable, secure, and reliable autonomous vehicle technologies to industrial applications. $cyn
NOW LIVE. Don’t miss it! $CYN is ringing the Opening Bell at the
@Nasdaq
this morning in celebration of the launch of our October 2021 IPO. Tune in below to view the ceremony live from New York and the ringing of the bell at 9:30 a.m ET.
Watch here:
Cyngn's initiating an innovative transition from Intel microprocessors to
@nvidia
AI computers, covering the entire DriveMod lineup.
This initiative is driven by our commitment to enhancing both the efficiency and capability of our AVs while also reducing production costs. $CYN
"As we reflect on 2023’s achievements, it’s clear that the year can be defined by the increasing commercialization of our AI-powered technology."
Explore more (spoiler alert — we saw a valuable deployment, paid projects, and key partnerships): $CYN
Happy April! It's been an eventful past month at Cyngn, and we are excited to share what's been going on. 👇
1. We completed an initial DriveMod Tugger deployment with
@Rivian
at their at Normal, IL manufacturing facility:
(a thread 🧵)
Cyngn has signed a contract to provide self-driving stockchasers for U.S. Continental, a leading manufacturer of leather and fabric care products.
Check out the full $CYN announcement here to learn more: .
Cyngn believes the integration of
@nvidia
computers into our DriveMod vehicles signifies a bold step towards a future where innovation and efficiency converge to redefine the landscape of
#robotic
technologies.
Learn more about today's announcement: $CYN
$CYN Cyngn is excited to announce Infinitracker. Infinitracker is a global GPS asset-tracking device and IoT data collection gateway with 15 years of battery life - the perfect complement to our industrial vehicle autonomy and data analytics suite.
Cyngn is excited to announce that we have officially launched DriveMod Kit. This scalable solution is designed to retrofit existing vehicles or integrate into new ones, facilitating the adoption of AVs across numerous domains.
Check out the video below.
#AI
has made major contributions to the development of AVs. By utilizing AI, $CYN is able to achieve:
1. Safe + efficient driving in dynamic environments
2. Completion of unique tasks
3. Semantic segmentation for accurate localization
4. Cheaper + faster deployment bring-up
Cyngn is excited to announce the expansion of our dealer network to include Alta Equipment Group.
Alta has an impressive record of sales, and we are thrilled that Cyngn’s DriveMod Tugger will be included in their catalog.
$CYN
Cyngn is working alongside
@JtecInd
, the leading manufacturer of material handling carts! The collaboration leads to new revenue opportunities and additionally, brings a cart system with 5,500 pounds of towing capacity to end users.
Learn more: $CYN
Very true — Advances in
#AI
are providing new ways for humans to interact with machines + revolutionizing human-machine interfaces.
Well-designed human-machine interfaces =
1. Enhanced efficiency
2. Rduced errors
3. Accelerated training process
Yes,
#robotics
and AI are key industry 4.0 technologies.
Embracing these technologies enhances efficiency, innovation, and connectivity, driving the evolution of Industry 4.0.
Cyngn is excited to announce the signing of a multi-phase contract with a global building materials manufacturer. This contract marks the beginning of Cyngn's expansion of DriveMod to electric forklifts.
Check out the full announcement here!
#cyngn
$CYN
Yes! At Cyngn, our fleet of AVs can autonomously lift, haul, and transport thousands of pounds of goods.
This allows workers to reallocate time spent driving around the facility toward higher value tasks - optimizing labor, improving productivity, and increasing overall output.
Thanks, Raymond Wang. Cyngn is pleased to bring our self-driving vehicle capabilities to Greenland forklifts with our proprietary Enterprise Autonomy Suite (EAS).
Read more:
Did you hear the news this morning?
Global, Logistics, and Fulfillment announced that they have chosen Cyngn as its exclusive AV technology provider.
$CYN
As the supply chain crisis carries into the new year, Forbes highlights the rise of automation and AI. It has become clear that industrial autonomous vehicles will be crucial in helping to alleviate the disruptions to supply chains and labor shortages.
Industrial AVs have risen to become an industry necessity at dizzying speeds. In our latest white paper, we explore —
1. How 20 different industries are using them
2. Why AV is expected to grow to $300 billion by 2027
Get the report here: $cyn
LIVE from
#MODEX2024
day 2!
This afternoon, Cyngn's Director of Business Development, Michael Lawrence, presented at the
@BYDCompany
booth on all things DriveMod Forklift.👇 $CYN
The impact of labor shortages can be mitigated by autonomous vehicle technology. AVs help address unfilled jobs by allowing companies to streamline inefficient tasks and retain workers. Learn more and download your complimentary white paper: . $CYN
Cyngn had a great first quarter of 2023, tripling our revenue from Q4 of 2022 and completing our first commercial stockchaser deployment. In this video, we introduce some of the amazing people we’ve added to our team this year to help us scale.
$CYN
We are just 4 days away from offering a sneak peek into our latest innovation for the very first time: the DriveMod Tugger.
Join us at MODEX 2024 from March 11 to 14 in Atlanta, Georgia, where the Cyngn team, alongside
@MotrecIntl
, will be exhibiting our autonomous
$CYN
Today, Cyngn launched DriveMod Kit, a hardware solution that easily converts new and existing industrial vehicles into ones that drive themselves. DriveMod Kit will facilitate the adoption and deployment of AV tech across many domains.
Learn more:
Did you hear the $CYN news? Yesterday, Cyngn announced the official launch of DriveMod Kit. Rolling off the assembly line as we speak, DriveMod Kit is a scalable solution for AV integration.
Read the full story and check out our announcement video:
Recently we sat down with Raymond Wang, the CEO of Greenland Technologies Holding Corporation, to discuss the growth of electric industrial vehicles.
Learn more and watch our full podcast episode:
Cyngn is excited to share that we will be attending CES 2023 in Las Vegas, from January 5th - 8th. We are pleased to be at the
@ousterlidar
booth where we will be showcasing one of our DriveMod-powered Columbia stockchasers. Stay tuned for more information! $CYN
Cyngn is excited to announce the release of our Enterprise Autonomy Suite 9.0. The update comes with a suite of intelligent fleet management tools, which customers can use to manage and monitor their fleets from any location.
Watch the full demo: $CYN
🔔CES 2023 Update: Cyngn will be at the
@ousterlidar
booth
#6541
located in the West Hall of the Las Vegas Convention Center.
If you're planning to attend, come and find us January 5th - 8th! $CYN
Cyngn is excited to share that we will be attending CES 2023 in Las Vegas, from January 5th - 8th. We are pleased to be at the
@ousterlidar
booth where we will be showcasing one of our DriveMod-powered Columbia stockchasers. Stay tuned for more information! $CYN
Litchfield Hills Research is initiating coverage of $CYN with a Buy rating and a $10 price target as market forces create a windfall opportunity to turn the labor-intensive, industrial vehicle market autonomous.
Read the full report here: .
#nasdaq
#cyngn
Wow — According to Statista, more than 2.7 million industrial robots are operating in factories around the world.
"Robots are being deployed for inventory management, order picking, palletizing, and automating repetitive tasks across the supply chain."
Cyngn is very excited to have launched our brand new website this week! Take a look around and discover our exciting new content. There's lots to explore!
Give it a spin 👉 $CYN
📸 Live from
#CES2023
: Cyngn's Head of Marketing, Luke Renner, and
@ousterlidar
showing off our industrial autonomous vehicle.
It's not magic, it's Cyngn!
💡Post Takeover from Cyngn's Head of Sales, Chris Wright:
What are the differences between AMRs and AGVs?
While they are both generally designed to complete industrial tasks, they differ in two key areas: flexibility and intelligence.
. $CYN
Cyngn is pleased to share that we have completed an initial DriveMod Tugger deployment with
@Rivian
, the innovative leading electric vehicle manufacturer. The deployment was at
@Rivian
's Normal, IL manufacturing facility.
Read the full press release: $CYN
"In collaboration with Arauco, which pre-ordered 100 DriveMod Forklifts last summer, Cyngn leveraged
@nvidia
technologies to introduce sophisticated features to advance the capabilities of autonomous machines in industrial settings."
Learn more:
Cyngn's number one goal is to keep the workers out of harm's way.
Utilizing the 3D LiDAR’s AI Stack in addition to our virtual bumper, we provide multiple layers of safety. This gives our customers the confidence to work in a safe and efficient environment next to our
#robots
.
"Another thing I am really excited about is seeing the efficiency throughputs we are going to gain by having these DriveMod forklifts deployed in the field."
— Nicholas Liotta, Cyngn's Director of Hardware Engineering $CYN
“This progress continues to underscore the manufacturing sector’s growing need and willingness to adopt autonomous solutions," said Cyngn CEO,
@liortal
.
Learn more about our completed initial DriveMod Tugger deployment with
@Rivian
: $CYN
Cyngn is excited to announce sales veteran, Chris Wright, as Head of Sales! Wright has over 30 years of experience in sales, bringing a wealth of knowledge and industry expertise in both robotics and manufacturing.
Read the announcement here: $CYN
Cyngn is excited to announce that Sean Stetson has been hired as VP of Engineering. Stetson is an accomplished product development leader who brings more than 25 years of experience in commercializing emerging technologies.
Read the press release: $CYN
Did you hear the news?
Cyngn's self-driving vehicles have yielded a 4x efficiency gain at U.S. Continental.
As a result, U.S. Continental has renewed its commercial contract with us to extend the deployment of DriveMod Stockchasers.
Read more: $CYN
"DriveMod turns every shift into a productivity powerhouse. On average, companies that use DriveMod Tuggers have seen a 34% increase in productivity and a 64% reduction in labor costs."
— Sean Stetson,
@cyngn
's VP of Engineering $CYN
That's a wrap on CES 2023! We would like to give a big thanks to
@ousterlidar
for hosting us at their CES booth this past week - we're grateful to have showcased our DriveMod-enabled stockchaser on the show floor.
And thanks to everyone who stopped by to check it out! $CYN
Cyngn has published our latest white paper! The paper looks into the critical role autonomous industrial vehicles play in the future of manufacturing and the opportunities available for those who utilize this cutting-edge technology. $CYN
Download a copy:
In just a couple of clicks, your team can fire up a self-driving vehicle and send it, automatically, to any location in your facility — with no drivers, no safety issues, and greater efficiency. It's that simple!
Watch the full video: $CYN
Cyngn's DriveMod works how you work —
Vehicles running DriveMod can start, stop, take commands, drive to different stations, and adjust to changing conditions. $CYN
The Cyngn engineering team has been working hard the past few months! Check out our latest vehicle in action, and get a little holiday cheer at the same time ;)
To learn more about how Cyngn can help solve your autonomy needs, check us out at