CYN Stock Recent News

Cyngn (CYN -0.27%) had its initial public offering (IPO) in October 2021. At the time, valuations for growth stocks were seeing huge bullish catalysts related to the low-interest rate environment and expectations that pandemic-related conditions would pave the way for a bigger push for automation initiatives.

Cyngn raised $32M last week and are funded through 2027 DriveMod vehicles have been deployed across multiple industries, including manufacturing, automotive, logistics, and CPG. The company is accelerating its product development via new partnerships with NVIDIA and a relocation to a new, larger facility.

MOUNTAIN VIEW, CALIF., June 30, 2025 /PRNewswire/ -- Cyngn Inc. (NASDAQ: CYN) today announced the closing of a registered direct offering with a single institutional investor for the purchase and sale of approximately $17.2 million of shares of Common Stock and pre-funded warrants at a price of $7.50 per share of Common Stock.

Lior Tal, CEO of Cyngn (CYN), talks about how his company uses robotaxi tech and applies it to a warehouse setting. The company has already worked with businesses like Deere & Co. (DE) to apply the tech.

Cyngn (NASDAQ:CYN) stock has surged over 300% in just two trading days after AI chip titan Nvidia named the company in a blog post as one of a select group of robotics innovators using its Isaac robotics platform to build autonomous industrial vehicles. Cyngn specializes in autonomous vehicle technology tailored for industrial and logistics applications.

Close Key Takeaways Cyngn shares took off for a second consecutive day following news of a collaboration with Nvidia.The autonomous industrial vehicle technology firm will use Nvidia's Isaac robotics platform to build self-driving vehicles "across dynamic, real-world environments."Cyngn also announced a $15 million registered direct offering with a single institutional investor. Shares of Cyngn (CYN) skyrocketed for a second straight day Friday after the maker of self-driving industrial vehicle technology announced a collaboration agreement with Nvidia (NVDA). The company explained the Nvidia deal will have Cyngn use the chipmaker's Isaac robotics platform "to accelerate safe, scalable autonomy across dynamic, real-world environments." The Mountain View, Calif.-based firm noted that its autonomous industrial vehicles, built on Isaac and powered by Cyngn's DriveMod software, "are currently operating in commercial environments to reduce labor costs, increase throughput, and improve safet

MOUNTAIN VIEW, Calif. , June 27, 2025 /PRNewswire/ -- Cyngn Inc. (NASDAQ: CYN) today announced the closing of a registered direct offering with a single institutional investor for the purchase and sale of approximately $15.0 million of shares of Common Stock and pre-funded warrants at a price of $5.01 per share of Common Stock.

MOUNTAIN VIEW, Calif. , June 27, 2025 /PRNewswire/ -- Cyngn Inc. (NASDAQ: CYN) today announced that it has entered into definitive agreements in a registered direct offering with a single institutional investor for the purchase and sale of approximately $17.2 million of shares of Common Stock and pre-funded warrants at a price of $7.50 per share of Common Stock.

The S&P 500 hasn't hit a new high since February. It's been since December for the Nasdaq.

Cyngn (NASDAQ:CYN) shares popped more than 480% on Thursday after it announced a collaboration with Nvidia Corp (NASDAQ:NVDA, ETR:NVD) as part of the Automatica 2025 robotics and automation showcase. The robotics technology firm was selected to integrate Nvidia's Isaac robotics platform to power its next-generation autonomous vehicle solutions for industrial applications such as manufacturing, logistics, and defense.