Found in Robotics Companies & Businesses, with a score of 81.53
Cyngn develops and deploys autonomous vehicle solutions to industrial fleets. Its self-driving vehicle technology helps industrial organizations become more efficient, productive, and safe, addressing challenges such as labor shortages, safety incidents, and increased eCommerce demand. Cyngn's DriveMod Kit can be installed on new industrial vehicles at the end of production or retrofitted onto existing fleets, allowing customers to easily adopt self-driving technology without high upfront costs or the need to replace their existing vehicles. DriveMod is part of its Enterprise Autonomy Suite, which also includes Cyngn Insight, a customer-facing AV fleet management and analytics tool, and Cyngn Evolve, an internal…
Found in Robotics News & Content, with a score of 64.21
…that it has signed a strategic customer agreement with Cyngn, a developer of autonomous driving software solutions for industrial and commercial applications. Ouster’s new REV7 digital lidar sensors will be used as part of Cyngn’s DriveMod platform, which is used to make standard industrial vehicles autonomous. Ouster is showcasing Cyngn’s DriveMod platform, outfitted with a REV7 sensor, on a Columbia Stockchaser cargo vehicle at Booth 6541 at CES 2023 in the West Hall of the Las Vegas Convention Center this week. Companies highlight the appeal of retrofitting Together, Ouster and Cyngn said they aim to provide autonomous solutions to address…
Found in Robotics News & Content, with a score of 61.53
Cyngn Inc. and Greenland Technologies Holding Corp. yesterday announced a strategic partnership in which Cyngn will add its self-driving capabilities to Greenland forklifts with its proprietary Enterprise Autonomy Suite, or EAS. Integration of EAS will enable the forklifts to switch between fully autonomous, manual, and remotely-controlled modes, said the companies. “Currently, there are over 850,000 forklifts operating in the United States alone,” stated Lior Tal, chairman and CEO of Cyngn. “Greenland is a recognized leader in the electric industrial vehicle and equipment space, and this partnership provides an important opportunity to bring self-driving capabilities to this widely-used and ubiquitous vehicle…
Found in Robotics News & Content, with a score of 59.66
Cyngn Inc. yesterday announced that it has raised $1.3 million under its at-the-market, or ATM, agreement through sales of its common stock. The Menlo Park, Calif.-based company said it plans to use the proceeds for general corporate purposes, including investments in commercial sales of its autonomous driving software for industrial applications. “We are pleased with the progress of our ATM program,” said Lior Tal, chairman and CEO of Cyngn, in a press release. “The ATM program has allowed us to raise capital in a cost-effective manner to support our growth and make strategic hiring investments to our revenue teams.” “We…
Found in Robotics News & Content, with a score of 58.00
Cyngn Inc. today announced an agreement with a Fortune 100 heavy equipment manufacturer to deploy DriveMod Stockchasers in its North American factory, starting in the coming weeks. The Menlo Park, Calif.-based company said the manufacturer, which declined to be named, is its largest customer to date. “This contract is another in a string of major successes for us—each of which proves autonomous vehicles for industrial applications are here to stay,” said Lior Tal, CEO of Cyngn, in a release. “Our new customers are proud of their autonomous vehicle adoption, as it conveys their forward thinking and focus on safety and…
Found in Robotics News & Content, with a score of 54.62
Cyngn, a developer of autonomous driving software systems for industrial and commercial applications, today announced the latest release of its Enterprise Autonomy Suite (“EAS”) v8.0. This latest release includes 138 new features, a 33% reduction in component complexity, and a 75% reduction in cloud computing costs, spanning some 27,000 new lines of code, the Menlo Park, Calif.-based company said. Improvements over previous versions of EAS include an updated cloud backend and user role infrastructure, advanced telemetry, data collection, and data pipelines, updates to data modeling and analytics dashboards, improved health monitoring, new vehicle task management through the Cyngn Mission Planner,…
Found in Robotics News & Content, with a score of 54.32
Cyngn Inc., the industrial autonomous vehicle company, announced yesterday that it is working alongside Jtec Industries, a manufacturer of material handling carts. For end users, the collaboration will bring a sophisticated cart system to its autonomous vehicle deployments, the companies said. Jtec Industries is a manufacturing company specializing in material handling equipment solutions. They are a B2B provider and are the inventors and manufacturers of the CarryMore Tugger Cart System, a fully mechanical Mother/Daughter cart tugging solution which enables customers to tug parts, assemblies, and materials of all sizes throughout manufacturing, assembly and distribution centers. Jtec’s CarryMore Cart consists of…
Found in Robotics News & Content, with a score of 52.20
Cyngn Inc. today said it has received a patent from the U.S. Patent and Trademark Office covering its systems for self-driving industrial vehicles. The new patent, US-11767034-B2, protects the system and method of computation acceleration for autonomous driving systems. “Cyngn is committed to strategically safeguarding our intellectual property by growing our patent portfolio,” said Lior Tal, CEO of Cyngn, in a release. “These patents will play a pivotal role in our mission to deliver exceptional products. The recent addition of Cyngn's newest patent underscores our dedication to pioneering autonomous technology with an unwavering focus on safety and scalability.” Menlo Park,…
Found in Robotics News & Content, with a score of 50.77
…advance electric and autonomous vehicles for industrial fleets. are Cyngn Inc. today announced that it has partnered with Motrec International Inc. to integrate its DriveMod system into Motrec's autonomous tuggers. “By joining forces with Cyngn, we are reinforcing our commitment to innovation while also meeting the evolving needs of our customers who have been actively seeking automation solutions,” said Blair McIntosh, president and CEO of Motrec, in a press release. “Motrec's MT-160 tow tractor, known for its robustness, durability, and maneuverability, offers an industry-leading 6,000 lb. of stable towing power,” he added. “We are excited to bring DriveMod to our…
Found in Robotics News & Content, with a score of 50.64
Cyngn Inc. today began its 2023 Autonomous Vehicle Roadshow in Sacramento, Calif., with demonstrations of its DriveMod Stockchaser. The Menlo Park, Calif.-based company said it is visiting manufacturing and warehousing facilities across the U.S. to show the efficiency, safety, and performance of its systems. “We know what a major impact hands-on product experience can have for potential customers, especially with leading-edge technology like robots and artificial intelligence,” said Lior Tal, CEO of Cyngn, in a release. “We are meeting with potential customers to provide a first-hand opportunity to experience the DriveMod Stockchaser and learn about the many benefits, including enhanced…
Found in Robotics News & Content, with a score of 50.42
Cyngn Inc. and Columbia Vehicle Group yesterday announced that they have begun producing self-driving Columbia Stockchasers using Cyngn's Enterprise Autonomy software. The companies said their growing fleet will make autonomous industrial vehicles available to more customers. “Customers have been looking for ways to automate their workflows for years, and we believe that the time is right to bring self-driving capabilities to Columbia vehicles,” said Greg Breckley, director of business development at Columbia. “By launching production of our first fleet, we’re bringing the full range of Stockchaser’s well-known capabilities and pairing it with autonomous driving technology for a new era of…
Found in Robotics News & Content, with a score of 49.92
Cyngn Inc. this week said it is starting to deploy its DriveMod Stockchasers at a Fortune 100 heavy equipment manufacturer's facility in North America. Cyngn will also attend the American Automotive Summit next month. The agreement, first announced in July, is part of the manufacturer's plan to adopt more automation in its operations. The deployment will include Cyngn's DriveMod technology, which uses artificial intelligence to automate repetitive driving tasks. Its goal is to help the customer mitigate labor shortages while increasing efficiency and safety at the facility. “This deployment demonstrates Cyngn's ability to accommodate the growing industry demand for autonomous…