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Since August 2023, Cyngn has been granted twelve additional patents, bringing the total U.S. patents granted to 22. MENLO PARK, Calif.
MENLO PARK, Calif. , March 13, 2025 /PRNewswire/ -- Cyngn Inc. (Nasdaq: CYN) (or the "Company") announced today that it has received a notice from Nasdaq confirming that the Company has regained compliance with the Nasdaq's Capital Market's minimum bid price requirement of $1.00 per share.
MENLO PARK, Calif. , March 11, 2025 /PRNewswire/ -- Cyngn Inc. (Nasdaq: CYN) today announced that it will be deploying its DriveMod Tugger at a global Fortune 500 automotive supplier.
Recent Operating Highlights: Cyngn received approximately $1.3M of new bookings for DriveMod vehicles from direct sales during Q4-2024 Cyngn Signed Contract to Deploy DriveMod Tugger at a Major Consumer Packaged Goods Company Cyngn Announced Multiple Deployments at Major Automotive Brands, including Coats . Cyngn Raised $33m in December to Scale Customer Deployments and Fuel Its Growth Cyngn Highlighted its Proprietary Computer Vision Advancements with NVIDIA Accelerated Computing Cyngn Hired Marty Petraitis, a veteran of Industrial Automation, as VP of Sales.
MENLO PARK, Calif. , Feb. 26, 2025 /PRNewswire/ -- Cyngn, Inc. (the "Company" or "Cyngn") (Nasdaq: CYN) will announce its 2024 fourth quarter and year-end financial results for the period ended December 31, 2024, on Wednesday, March 5, 2025, after the close of market.
Deployments of Cyngn's DriveMod Tugger and Forklift have now included four key sectors: Manufacturing, Consumer Packaged Goods, Logistics, and Defense Use cases are diverse and highlight adaptability, scalability, and different value propositions of Cyngn's solutions. Reflects market demand to adopt industrial automation across Cyngn's broadening customer base.
MENLO PARK, Calif. , Feb. 13, 2025 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN) today announced that it will proceed with a 1-for-150 reverse stock split ("Reverse Stock Split") of its outstanding shares of Common Stock following approval by its Board of Directors.
MENLO PARK, Calif. , Feb. 12, 2025 /PRNewswire/ -- Today, Cyngn Inc. (NASDAQ: CYN) announced that all outstanding Series B cashless warrants have been fully exercised.
MENLO PARK, Calif. , Jan. 28, 2025 /PRNewswire/ -- Today, Cyngn (Nasdaq: CYN) announced that it will be deploying its DriveMod Tugger at a major Consumer Packaged Goods (CPG) distribution company.
MENLO PARK, Calif. , Jan. 23, 2025 /PRNewswire/ -- Cyngn Inc. (Nasdaq: CYN) today announced that it has continued making notable inroads with the automotive manufacturing sector.