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home / news releases / CYN - Cyngn continues commercial and technological momentum for AI-powered autonomous vehicle solutions

CYN - Cyngn continues commercial and technological momentum for AI-powered autonomous vehicle solutions

Cyngn Inc.

2023-08-17 07:41:20 ET

  • Cyngn Inc ( NASDAQ: CYN ) Thursday shared several customer wins, and said it signed a deal with Fortune 100 heavy machinery and agriculture equipment company for DriveMod Stockchaser Deployment.
  • Partnership with BYD to develop autonomous DriveMod Forklifts.
  • Partnership with new OEM, Motrec, to launch autonomous DriveMod Tuggers.
  • Says pre-order from Arauco for 100 DriveMod Forklifts, potentially represents up to $5 million per year in recurring revenue.
  • CYN -9.72% premarket to $0.641
  • Source: Press Release

For further details see:

Cyngn continues commercial and technological momentum for AI-powered autonomous vehicle solutions
Stock Information
Company Name: Cyngn Inc.
Stock Symbol: CYN
Market: NASDAQ
Website: cyngn.com
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