Lior Tal
@liortal
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CEO @Cyngn -- NASDAQ $CYN
California
Joined April 2008
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Exciting news this morning —
@cyngn
announced that we were granted another patent.
I am very pleased with the remarkable progress and pace of innovation our technology team has achieved as this latest patent expands our total number of U.S. patents to 19. $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
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Very exciting case study.
Our DriveMod Stockchasers started moving pallets around USC’s 100K sq. ft. Corona, CA facility in early 2023.
We're excited to share that over several months, our vehicles achieved a 4x efficiency gain and even resulted in a job promotion. $CYN 👇
Cyngn's excited to share that the success of our customer deployment at U.S. Continental has led to the renewal of their commercial contract.
The deployment yielded 4x gains in efficiency, labor reallocation, and increased organizational precision.
$CYN
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Cyngn has been chosen to supply its DriveMod Tuggers for industrial automation to
@JohnDeere
's operation in Dubuque, Iowa.
Read more: $CYN
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Amazon has already deployed 750,000 robots.
If you aren’t automating, you’re falling behind.
$CYN
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Heading to
#manifest2024
in Las Vegas next week as part of the ecosystem of those innovating and transforming end-to-end supply chain and logistics.
Message me if you'd like to meet and hear how
@cyngn
's AV solutions can help you tackle labor shortages, cost and safety. $CYN
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The DriveMod Forklift showcases exciting capabilities in computer vision, including enumeration of the number of pallets in a tall stack and detection of non-standard pallet pockets.
$CYN
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By adding
@RobotLABInc
to our network of U.S. dealer partners, we are poised to accelerate our commercial reach and rapidly broaden the availability of our AVs.
In fact,
@RobotLABInc
has successfully deployed more than 10,000 robots worldwide. $CYN
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Cyngn is excited to announce our partnership with
@RobotLABInc
.
As a part of this partnership,
@RobotLABInc
will order an initial fleet of 10 DriveMod Tuggers, joining
@cyngn
's distributor network.
Check out the press release: $CYN
Cyngn is excited to partner with
@RobotLABInc
, a premier robotics integrator that has deployed over 10,000 robots with customers worldwide.
@RobotLABInc
will purchase ten DriveMod Tuggers to establish an initial fleet for sale to end customers.
$CYN
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A strategic merger or acquisition is one of the most powerful tools in a corporate arsenal.
Watch this space…
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This rich understanding of the environment enabled by 3D lidar allows us to deploy our vehicles in a manner that maximizes value for customers, while prioritizing safety. $CYN
Many industrial AVs use 2D LiDAR, which views a single horizontal plane. However, we use 3D LiDAR.
3D LiDAR on our AVs enables a complete 360-degree view around the vehicle.
This wealth of information equips our system to make instant decisions with centimeter-level accuracy.
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Using digital twins of industrial facilities accelerates the safe development of
#ArtificialIntelligence
and
#SelfDriving
at $CYN. Check out 3 Autonomous Forklifts interacting with a random actor in the scene.
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Did you hear the news?
@cyngn
has completed our initial DriveMod Tugger deployment with
@Rivian
.
This progress continues to underscore the manufacturing sector’s growing need and willingness to adopt autonomous solutions. $CYN
Key wins from the past few weeks:
1. We announced the completion of our initial DriveMod Tugger deployment with
@Rivian
:
2.
@RobotLABInc
orders initial fleet of DriveMod Tuggers, joining the Cyngn Distributor Network: $CYN
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This is a perfect example of a complementary partnership that allows each company to leverage its strengths, with
@cyngn
bringing our AI and advanced autonomy technology and
@RobotLABInc
applying its technical expertise in applying AI and robotics with customers. $CYN
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I recently shared how AI is revolutionizing the industrial sector, improving industrial automation more broadly.
However, AI more specifically plays a big part in improving the development of industrial autonomous vehicles and robotics.
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What does this mean? Well, by integrating them into our vehicles, we will see —
1. A reduction in power consumption
2. A significant decrease in cost
3. A reduced number of components in our DriveMod system
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So how can your business design for resilience? In a word — more.
1. More intelligence
2. More flexibility
3. More agility
4. More visibility and insight
5. More communication
How do you get way more? By implementing innovative technology like industrial
#robots
. $CYN
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Manufacturers that harness
#IndustrialAutomation
and other
#Industry40
technologies like
#IoT
and
#AI
, are able to overcome labor shortage today and become more resilient businesses for the future. $CYN
"Cyngn was one of the first times that I saw a scalable, logical, non-capital intensive, high-value solution that will grow with us." - Joe Peterson, Flambeau
Check out the video to see how Cyngn unlocks Flambeau's potential to increase throughput: $cyn
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Yesterday, we shared a recap of our commercial and technological accomplishments from Q1 of 2024.
This included:
1. Valuable progress with renowned brands like
@JohnDeere
and
@Rivian
(a thread).
Watch the recap video to learn more: $CYN
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This highlights a key understanding: autonomy isn’t merely about job displacement, but instead it creates new opportunities for workers.
It’s really great to see this technology making a difference in the field! $CYN
💡Post Takeover by Head of Sales, Chris Wright:
Deploying a DriveMod Stockchaser at U.S. Continental - Leather & Fabric Care led to a former forklift operator’s promotion.
How did this happen?
The reallocation of labor.
(a thread)
$CYN
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Last week Cyngn shared another exciting update — the deployment of our AVs at U.S. Continental - Leather & Fabric Care led to a 4x increase in efficiency.
How did this happen?
$CYN
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Today,
@cyngn
shared several commercial and technological accomplishments from Q1 2024, including...
1. Valuable progress with renowned brands like John Deere and Rivian
2. The expansion of our distribution network
3. Key collaborations aimed at advancing our technology 👇$CYN
As Cyngn progresses into 2024, we remain focused on scaling to capitalize on opportunities with major heavy manufacturing, automotive, and defense corporations.
Read the full press release: $CYN
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This initiative is in line with our continuous investment in R&D and specifically our commitment to improving the efficiency and capability of our vehicles.
Learn more and check out the full press release. $CYN
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The robots reshaping our world are taking on a diverse range of tasks.
While there’s a lot of buzz surrounding humanoid robots, their development is ongoing.
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Great expert insight from
#KornFerry
: "The Great Automation is Here.. automating mundane manual tasks will free up workers for more creative, strategic, knowledge-based roles".
#Cyngn
's autonomous stock chasers allow exactly that!
$CYN
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We are honored to be working as the preferred forklift automation provider for Arauco.
I am particularly excited to help them achieve greater sustainability, safety, and operational efficiency by electrifying their forklift fleet and integrating AV capabilities. $CYN
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+ You can check out the news from last summer here: $CYN
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Introducing Auto-unhitch.
This new feature, which offers a hands-off solution to dropping off cargo, represents one of many DriveMod-enabled skills that can help organizations revolutionize how work gets done.
$CYN
Cyngn is excited to announce our new Auto-unhitch capability. This new feature offers a hands-off solution for our industrial AVs to drop off cargo, enabling organizations to automate the entire tugging workflow.
Read the full press release: $CYN
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Very accurate, "the most impactful robots will work alongside humans, not replace them."
In fact, at one of our customer sites, a Cyngn AV actually sparked a job promotion.
Pretty incredible, isn’t it? $CYN
"The future of robotics isn't about replicating humans, it's about specialization and collaboration."
The most impactful robots will work alongside humans, not replace them. This includes taking on repetitive, monotonous, and often unsafe jobs.
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Robotics won’t bring about the end of jobs. But it will bring an evolution. It’s an opportunity to reskill your workforce.
Imagine roles overseeing and optimizing robotic operations or managing AI algorithms. These all represent chances to grow and take on new work.
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Wow — this milestone is a big deal.
More broadly we are seeing sustainability become increasingly important, especially in tech, with the use of advanced solutions to reduce energy consumption and drive innovation.
Among these solutions is industrial
#automation
.
A major US state just achieved a critical milestone for nearly two weeks: 'It's wild that this isn't getting more news coverage' <>
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Alta, with more than $1 billion in annual sales, will begin selling
@cyngn
's DriveMod Tugger.
It is great to see that their decision to join our dealer network came after a successful summit at our headquarters, where they got to experience our industrial AVs firsthand. $CYN
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
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It's been an exciting month at Cyngn. I am particularly excited that we have joined the John Deere supply base.
Our product offering achieves immense validation from being selected by a world-leading brand like Deere. $CYN
Happy May! We hope everyone had a great past month. We certainly have, and we're excited to share what's been going on.👇
1. We were chosen to supply our DriveMod Tuggers for industrial automation to
@JohnDeere
's operation in Dubuque, Iowa:
continued...
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At the end of the day, AVs bring greater visibility and insights into busy facilities while removing employees from areas that carry a higher risk of injury, enabling your organization to enhance safety.
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Cyngn has completed an initial DriveMod Tugger deployment with
@Rivian
.
This progress underscores the
#manufacturing
sector’s growing need and willingness to adopt autonomous solutions. $CYN
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We’ve had customers tell us:
"If we could hire 500 people tomorrow, we would, but we can't even hire 10 so we work every shift understaffed.”
That’s why companies are increasingly turning to advanced technologies like AI and industrial robots.
$CYN
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This month
@Cyngn
added more deals to our pipeline than in all of Q3. How?
This morning, we announced a successful raise of $1.3 million under our at-the-market (ATM) agreement.
$CYN
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80% of companies across a variety of sectors remain unprepared to quickly address supply chain disruptions.
However, we are operating in a time where supply chain shocks are common occurrences due to frequent changes in the environment and our global economy.
Three Ways The Automotive Industry Can Lower Supply Chain Risk And Become More Competitive Written by Steve Flagg of
@Supplyframe
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Digital innovation is no longer optional.
In the realm of industrial robots, it is cruicial for driving efficiency and precision. 👇
Yes! Hybrid intelligence is reshaping the job market.
In
#manufacturing
, AI-driven robots take on repetitive tasks, allowing workers to focus on quality control/problem-solving activities.
The result? Increased efficiency + enhanced job satisfaction.
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According to the International Federation of Robotics, there continues to be strong robotics demand across all major segments of U.S. manufacturing, with a 12% rise in 2023.
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It was an eventful 2023 — the Cyngn team delivered exciting results last year as we capitalized on the growing demand for industrial AVs.
Not only did we add the DriveMod Forklift and DriveMod Tugger to our fleet of autonomous vehicles, but we also achieved a remarkable 5.7x
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
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According to Cyngn’s research, the deployment of an autonomous vehicle at U.S. Continental’s Corona, California facility led to a dramatic increase in efficiency.
Check it out. 👇
Over several months of operation, the results of Cyngn’s AV included:
✅Efficiency gains: 4x faster than a forklift driver.
✅Reallocation of labor and a job promotion.
✅Increased organizational precision.
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What are some common pain points for industrial organizations? I often hear:
1. Time spent driving around a facility
2. Limited data visibility
3. Worker shortages
Addressing these challenges is where industrial automation plays a crucial role.
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As we approach the end of the year, I’m excited to showcase the continuous stream of milestones recently accomplished by the
@cyngn
team.
Let's take a look (a thread🧵)—
$CYN
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Another day. Another round of layoffs.
But you know where 12,000 people aren’t getting laid off? Amazon.
Amazon's autonomy-first approach has led to the efficiencies that make it the leader of ecommerce.
(thread).
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Interesting article.
Also according to Statista figures, the global industrial robots market is worth a staggering US$55bn.
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."
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I tend to mention Amazon because it’s the perfect example of how the investment in advanced technologies like robots has allowed them to transform their workforce.
They're redefining safety, combating worker shortages, and significantly boosting efficiency.
+ it's not just
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The 3D LiDAR on our vehicles is coupled with additional sensors to give your organization full confidence in safe and efficient navigation.
The result?
Increased safety + your workers will be out of harm's way.
3D LiDAR, coupled with machine vision = enhanced navigation and safety for AVs.
"The ability to capture and process 3D data is empowering machines and robots alike to see and understand the world in ways that were once reserved only for humans."
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However, it’s important to take preventative action to avoid future damages or injuries.
If an incident were to ever occur that involves one of our AVs, we would be the first to know.
How? Well, we receive:
1. Immediate alerts from the vehicle diagnostics system 2. Data from
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The benefits are clear.
If you aren't automating, you are falling behind. 👇
The global industrial
#automation
market is projected to grow to $395.09 billion by 2029, a 9.8% increase from 2022.
Six benefits include:
1. Increased Safety
2. Greater efficiency
3. More consistency
4. Cost savings
5. Environmental benefits
6. Better employee experience
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2. The expansion of our distribution network through our strategic partnership with
@RobotLABInc
3. Key collaborations aimed at advancing our AI and robotics technologies (
@nvidia
,
@MotrecIntl
, etc.)
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While this new feature might seem trivial on its own, in reality, it plays a key role in realizing the vision of fully autonomous workflows.
As a result, Auto-unhitch allows
@cyngn
to —
1. Broaden our customer reach
2. Cater to the diverse needs of businesses
✅Auto-unhitch: seamless integration.
This feature allows operators to incorporate automatic unhitching into existing workflows, which can be programmed before the shift begin.
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This order marks another significant milestone for our DriveMod Stockchaser and we’re excited for what lies ahead!
$CYN
0
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One key trend has dominated
#CES2024
.
We’ve all seen it — AI. Everywhere.
This also includes AI in robotics.
While robots have always been at the forefront of CES, this year they are supercharged with AI to deliver greater productivity, precision, and safety than ever before.
My latest dispatch from
#CES2024
for
@KTLAMorningNews
:
I take a look at an AI-powered cat door, fingerprint-enabled combination locks & companion robots for work and play.
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How to improve safety — even after an incident occurs.
When there’s an accident at a work site or facility, companies don’t often know about it right away.
We get it—human error is usually involved, and it’s natural that employees won’t be thrilled at the prospect of taking
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How to improve OEE in manufacturing?
Automation.
Implementing automation technologies such as robotics can streamline production processes and minimize downtime.
When evaluating OEE, there are six key losses that can indicate a low score... 👇
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Fascinating perspective from our amazing Head of Safety Elizabeth Nelis. 👇 $CYN
💡Post Takeover from Cyngn's Head of Safety, Elizabeth Nelis:
Our vehicles can digitally recreate the warehouse environment down to the cm.
How? By utilizing 3D LiDAR’s longer range, larger field of view, and more dense point cloud.
(a thread 🧵)
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In December, the number of workers in warehousing and storage dropped to 1.85 million, the lowest since November 2021.
This decline in warehouse jobs is forcing organizations to find ways to work smarter.
One solution is investing in technology like industrial
#automation
.
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Amazon has added an impressive 400,000+ robots in the last two years.
These robots aren’t being deployed just to increase efficiency but also to augment the workforce and revolutionize how humans and machines work together.
$CYN
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This week's John Deere announcement showcases the commercial momentum behind our autonomous DriveMod solutions.
It also highlights the manufacturing sector’s increasing need for and willingness to adopt AV technologies.
$CYN
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The DriveMod Forklift showcases exciting capabilities in computer vision, including enumeration of the number of pallets in a tall stack and detection of non-standard pallet pockets.
For full details, see the blog post. $CYN
Seeing years of collaboration evolve from research and development to deploying unique product features for end customers is not only exciting but also a testament to the power of NVIDIA’s cutting-edge technologies. $CYN
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There are currently 9.5 million job openings with only 6.5 million unemployed workers.
Fortunately, material handling robots have risen as a key solution to tackling this issue head-on.
How?
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Amazon has added 400,000+ robots in the last two years.
Looking back at 2013, they only had 1,000. But now, thousands are coming online every single week.
Speaker said it best— “This move isn't just about efficiency; it's about reshaping how humans and machines collaborate.”
Amazon has more than 750.000+ robots deployed to unlock AI opportunities.
A decade ago, the idea of human-like robots in Amazon's warehouses seemed like a distant dream.
Fast forward to today, and they're testing advanced robotics like "Digit," a two-legged robot adept at
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At the facility, one of our DriveMod Stockchasers took on pallet hauling and supply runs, tasks previously done manually by workers.
With the AV deployed and less time spent traveling across the facility, workers were able to take on different responsibilities.
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By offloading these duties to a
#robot
, companies can reduce safety risks and free their team to focus on other priorities = optimized safety and productivity.
Proud of the
@MotrecIntl
and $CYN combined team and the work they’ve done on this launch!
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Another big win for Cyngn!
We just announced our single largest order to date. Auraco saw our capabilities and went all in, putting in a pre-order of 100 autonomous forklifts.
I recently sat down with
@EdGarsten
from
@Forbes
to discuss this milestone. Check it out below.
Cyngn-Arauco Deal Tackles Labor Shortage With Driverless Forklifts via
@forbes
@cyngn
@Arauco_cl
#Autonomous
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Are robots going to steal your
#warehouse
job?
Well, at one of our customer sites, a Cyngn AV actually sparked a job promotion.
How did this happen?
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1
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We are finding a sweet spot with companies that do high-uptime heavy manufacturing in domains like automotive, agricultural equipment, and defense. $CYN
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By deploying AVs, you can elevate your safety standards to new heights.
The result? You can break the cycle of costly incidents to create a safer, more positive, and productive work environment.
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
.
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Only companies that adopt technology (automation and autonomy) today will have the flexibility to handle fluctuations in availability of skilled labor in the coming years
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At Cyngn, we design our industrial autonomous vehicles to support collaborative robot workflows, working alongside employees on the floor to increase productivity and enhance safety.
Collaborative robots are a core focus of Industry 5.0.
We will continue to see cobots becoming integral to warehouses and factory floors, working seamlessly alongside human operators, optimizing workflows, and enhancing overall productivity.
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Great insight into one of our newer features, auto-unhitch, from Lauren, a Product Manager at Cyngn.
Post Takeover by Lauren Saini, Product Manager at Cyngn.
At the start of the year, Cyngn introduced our new auto-unhitch feature which I helped develop.
Auto-unhitch allows the AV to autonomously drop off loads at different destination points based on your workflow.
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Acquisitions offer a variety of benefits. They help organizations —
• Consolidate costs
• Strategically develop products ahead of internal timetables.
• Leapfrog competitors
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Another great post from the
@cyngn
team that hits on a key point.
@cyngn
's AVs do not require any special infrastructure.
Instead, we create a digital map of your environment to localize and operate.
$CYN
💡Post Takeover from $CYN Director of Business Development, Michael Lawrence:
For Cyngn’s AVs to get work done, they must know where the work needs to get done.
In other words, they need a map.
(a thread)
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With the AV deployed and less time spent traveling across the facility, workers were able to take on different responsibilities.
This led to opportunities for employee growth and ultimately, a well-deserved promotion for this worker.
Sounds like a win-win! $CYN
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In logistics and fulfillment,
#automation
is expected to account for more than 1/3 of capital spending over the next 5 years.
It’s become clear: automation has become crucial for organizations to improve flexibility, productivity, and stay competitive.
If you aren’t automating,
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Hybrid intelligence is reshaping the job market.
Technology is no longer about replacing humans but about evolving roles. It’s augmenting human capabilities.
Consider manufacturing: robots are increasingly handling repetitive and monotonous tasks.
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So, why are your industrial vehicles still driving themselves?
Learn more about Cyngn's AV solutions: $CYN
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Just read that Spirit AeroSystems is committing to investments in automation in order to help remove variability from their manufacturing process.
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New survey shows that AI will be the most important area of technology in 2024.
In fact, 65% of tech executives have picked it as one of their top three most important tech fields for 2024.
Top AI application outlined in the article = warehouse
#automation
.
Artificial Intelligence set to drive major tech advancements in 2024, IEEE study finds.
By
@MichaelFNunez
via
@VentureBeat
@IEEESpectrum
cc
@BetaMoroney
@Nicochan33
@enilev
@jeancayeux
@mvollmer1
@mikeflache
@antgrasso
@FrRonconi
@ramonvidall
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Exciting things have been happening at Cyngn $CYN this week.
Yesterday, we announced our partnership with
@MotrecIntl
, enabling us to expand our solution to another vehicle form factor — industrial tuggers.
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As mentioned in our recent announcement regarding the completion of the initial DriveMod Tugger deployment with
@Rivian
, we are truly finding a sweet spot with companies that do high-uptime heavy manufacturing in automotive, agricultural equipment, and defense. $CYN
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Great clip! Check out our gleet of AI-powered
#autonomous
workhorses.
✅64% reduction in human labor costs.
✅3D LiDAR - vehicles see 360° from floor to ceiling.
✅33% increase in workplace efficiency.
Introducing Cyngn's industrial autonomous vehicle fleet.
Our high-capacity Forklifts, Tuggers and Stock Chasers make intelligent, real-time decisions, delivering materials to the right place at the right time. $CYN
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In April, Deloitte projected that the U.S. manufacturing industry may require ~3.8 million new employees between 2024 and 2033.
On top of this, around half of these jobs will likely go unfilled due to labor challenges.
The need for change is evident.
A solution? Automation.
How To Attract And Retain The High-Tech Workforce Needed For American Manufacturing Written by
@randy_alt
of
@xometry
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Does your company face similar challenges? Shoot me a message. Let’s talk.
Learn more about Cyngn's AV solutions: $CYN
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Did you hear last week's news? Check it out. 👇 $CYN
Alta, with more than $1 billion in annual sales, will begin selling
@cyngn
's DriveMod Tugger.
It is great to see that their decision to join our dealer network came after a successful summit at our headquarters, where they got to experience our industrial AVs firsthand. $CYN
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Our DriveMod Stockchaser freed a worker from repetitive tasks on the factory floor, allowing them to focus on more valuable assignments — and earning a promotion.
Pretty incredible, isn’t it?
Let’s debunk other myths in the AV space:
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Manufacturing workforce issues remain a concern.
It is therefore important for manufacturers to invest in growth, which includes includes investing in advanced technologies like industrial automation.
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Seeing years of collaboration evolve from research and development to deploying unique product features for end customers is not only exciting but also a testament to the power of NVIDIA’s cutting-edge technologies. $CYN
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Because the sooner our vehicles can be in end users’ hands, solving their ongoing challenges from labor shortages to safety, the better.
Learn more about the network: $CYN
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