Cyngn Signs Contract to Deploy DriveMod Tugger at Another Major Automotive Supplier | RoboticsTomorrow

MENLO PARK, Calif., March 11, 2025 — Cyngn Inc. (Nasdaq: CYN) on the present time launched that that is doubtless to be deploying its DriveMod Tugger at a world Fortune 500 automotive dealer. This milestone highlights Cyngn’s rising confirmed capability to meet the irregular demands of the automotive manufacturing industry and produce modern self reliant automotive (AV) choices. The automotive dealer firm—whose title is withheld for confidentiality—intends to mix DriveMod Tuggers to automate the transfer of accomplished items.

Cyngn’s choices continue to originate value all the draw thru the field, with this announcement constructing on the firm’s prior commercial contract with a separate, predominant manufacturer in the automotive provider equipment space and a letter of intent that became signed in Q4. Additionally, Cyngn signed a most modern contract to deploy DriveMod Tuggers with a predominant person packaged items (CPG) firm in January.

“The automotive industry is increasingly extra procuring for know-how that now not most efficient meets instantaneous needs—love excessive-ask, excessive-uptime requirements—however additionally adapts to market and financial shifts,” acknowledged Marty Petraitis. “Our DriveMod Tugger, with a 12,000-pound towing capability, is constructed to enact both. We’re livid to seem for our AV solution red meat up efficiency and scalability, ensuring manufacturers dwell aggressive in an ever-changing market.”

Components reminiscent of most modern tariffs and shifts in financial policies have underscored the vital need for automation in U.S. manufacturing. The implementation of tariffs on metal and aluminum imports objectives to bolster domestic manufacturing however additionally poses challenges love increased discipline cloth charges and doable inflation. These trends highlight the significance of integrating progressed self reliant automotive (AV) choices, reminiscent of Cyngn’s DriveMod Tugger, to red meat up operational efficiency, cut again dependency on fluctuating labor markets, and shield competitiveness in a dynamic world market.

The DriveMod Tugger aspects progressed AI know-how mixed with a comprehensive house of safety aspects, reminiscent of 360° visibility and collision avoidance, enabling at ease navigation in advanced industrial environments. Powered by Cyngn Perception, the firm’s rapid management and analytics platform, users fashion total visibility into efficiency and retain an eye on over fleets of DriveMod self reliant autos, driving enhanced coordination and operational efficiency. For extra data on Cyngn’s DriveMod Tuggers and various self reliant automotive choices, consult with https://www.cyngn.com/autos/self reliant-tugger.

ABOUT CYNGN

Cyngn develops and deploys scalable, differentiated self reliant automotive know-how for industrial organizations. Cyngn’s self-driving choices allow present workforces to develop productivity and efficiency. The Company addresses vital challenges going thru industrial organizations on the present time, reminiscent of labor shortages, costly safety incidents, and increased person ask for eCommerce.

Cyngn’s DriveMod Bundle is doubtless to be build in on fresh industrial autos at dwell of line or by draw of retrofit, empowering prospects to seamlessly undertake self-driving know-how into their operations without excessive upfront charges or the necessity to fully replace present automotive investments.

Cyngn’s flagship product, its Enterprise Autonomy Suite, involves DriveMod (self reliant automotive gadget), Cyngn Perception (customer-going thru suite of AV rapid management, teleoperation, and analytics tools), and Cyngn Evolve (within toolkit that enables Cyngn to leverage data from the discipline for synthetic intelligence, simulation, and modeling). For all phrases referenced within, please test with the Company’s annual checklist on Bear 10-K with the SEC filed on March 6, 2025.

WHERE TO FIND CYNGN:

Online page: https://cyngn.com

X: https://x.com/cyngn

LinkedIn: https://www.linkedin.com/firm/cyngn

YouTube: https://www.youtube.com/@cyngnhq

INVESTOR CONTACT:

Donald Alvarez, CFO

investors@cyngn.com

MEDIA CONTACT:

Luke Renner, Head of Advertising and marketing

media@cyngn.com

FORWARD-LOOKING STATEMENTS

This press liberate incorporates ahead-taking a sight statements all the draw thru the which implies of the Non-public Securities Litigation Reform Act of 1995, Portion 27A of the Securities Act of 1933, as amended, and Portion 21E of the Securities Alternate Act of 1934, as amended. Any assertion that is now not historic in nature is a ahead-taking a sight assertion and can be recognized by draw of phrases and phrases reminiscent of “expects,” “anticipates,” “believes,” “will,” “will doubtless result,” “will continue,” “plans to,” “doable,” “promising,” and identical expressions. These statements are in accordance to management’s most modern expectations and beliefs and are discipline to a sequence of dangers, uncertainties and assumptions that may well house off right results to change materially from these described in the ahead-taking a sight statements, including the threat elements described typically in the Company’s stories to the Securities and Alternate Fee (SEC), including, without limitation the threat elements discussed in the Company’s annual checklist on Bear 10-K filed with the SEC on March 6, 2025. Readers are cautioned that it is now not conceivable to foretell or title the total dangers, uncertainties and various elements that may have an affect on future results. No ahead-taking a sight assertion is doubtless to be assured, and right results may well vary materially from these projected. Cyngn undertakes no responsibility to publicly replace any ahead-taking a sight assertion, whether or now not as a results of fresh data, future occasions, or in every other case.