MOUNTAIN VIEW, Calif., Feb. 5, 2026 /PRNewswire/ — Cyngn Inc. (Nasdaq: CYN) today highlighted continued expansion of DriveMod Tugger deployments across large, connectedMOUNTAIN VIEW, Calif., Feb. 5, 2026 /PRNewswire/ — Cyngn Inc. (Nasdaq: CYN) today highlighted continued expansion of DriveMod Tugger deployments across large, connected

Cyngn Advances Site-Wide Autonomy With DriveMod Tugger Operations Across Connected Facilities

Okuma süresi: 3 dk

MOUNTAIN VIEW, Calif., Feb. 5, 2026 /PRNewswire/ — Cyngn Inc. (Nasdaq: CYN) today highlighted continued expansion of DriveMod Tugger deployments across large, connected industrial facilities, reflecting growing customer demand for site-wide autonomy that supports end-to-end material movement. DriveMod is increasingly being used in workflows that span multiple buildings and outdoor transit corridors, helping organizations reduce bottlenecks, improve throughput consistency, and redeploy labor toward higher-value operations.

As warehouses and manufacturing campuses grow larger—often exceeding 200,000 square feet and operating across multiple structures—transport between zones becomes a persistent source of inefficiency. DriveMod helps automate these repetitive movements, enabling smoother transitions between storage, production, and distribution areas and supporting more scalable facility-wide automation.

“Customers are increasingly looking for autonomy that fits into their entire operation, not just a single aisle or point solution,” said Marty Petraitis, Cyngn’s VP of Sales. “As industrial sites grow larger and more interconnected, the ability to move materials reliably across a full facility becomes a meaningful lever for efficiency and scale.”

“DriveMod is built to perform in real production environments and support site-wide automation as a long-term capability,” Petraitis added. “This broader deployment scope strengthens the foundation for sustained customer expansion as organizations scale autonomy across multiple workflows and facilities.”

About Cyngn
Cyngn develops and deploys autonomous vehicle technology for industrial organizations like manufacturers and logistics companies. The Company designs solutions to address significant challenges facing industrial organizations today, such as labor shortages and costly safety incidents.

Cyngn’s DriveMod technology empowers customers to seamlessly bring self-driving technology to their operations without high upfront costs or infrastructure installations. DriveMod is currently available on Motrec MT-160 Tuggers and BYD Forklifts.

The DriveMod Tugger hauls up to 12,000 lbs, travels inside and out, and targets a typical payback period of less than 2 years. The DriveMod Forklift lifts heavy loads that use non-standard pallets and is currently available to select customers. For all terms referenced within, please refer to the Company’s annual report on Form 10-K/A with the SEC filed on November 14, 2025.

Investor Contact:
Natalie Russell
Chief Financial Officer
[email protected] 

Media Contact:
Luke Renner
Head of Marketing
[email protected] 

Where to Find Cyngn:

  • Website: https://cyngn.com
  • X: https://x.com/cyngn
  • LinkedIn: https://www.linkedin.com/company/cyngn
  • YouTube: https://www.youtube.com/@cyngnhq

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Any statement that is not historical in nature is a forward-looking statement and may be identified by the use of words and phrases such as “expects,” “anticipates,” “believes,” “will,” “will likely result,” “will continue,” “plans to,” “potential,” “promising,” and similar expressions. These statements are based on management’s current expectations and beliefs and are subject to a number of risks, uncertainties and assumptions that could cause actual results to differ materially from those described in the forward-looking statements, including the risk factors described from time to time in the Company’s reports to the Securities and Exchange Commission (SEC), including, without limitation, the risk factors discussed in the Company’s annual report on Form 10-K/A filed with the SEC on November 14, 2025. Readers are cautioned that it is not possible to predict or identify all the risks, uncertainties and other factors that may affect future results. No forward-looking statement can be guaranteed, and actual results may differ materially from those projected. Cyngn undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/cyngn-advances-site-wide-autonomy-with-drivemod-tugger-operations-across-connected-facilities-302679915.html

SOURCE Cyngn

Piyasa Fırsatı
The Mountain Logosu
The Mountain Fiyatı(MOUNTAIN)
$0.0001556
$0.0001556$0.0001556
+25.48%
USD
The Mountain (MOUNTAIN) Canlı Fiyat Grafiği
Sorumluluk Reddi: Bu sitede yeniden yayınlanan makaleler, halka açık platformlardan alınmıştır ve yalnızca bilgilendirme amaçlıdır. MEXC'nin görüşlerini yansıtmayabilir. Tüm hakları telif sahiplerine aittir. Herhangi bir içeriğin üçüncü taraf haklarını ihlal ettiğini düşünüyorsanız, kaldırılması için lütfen [email protected] ile iletişime geçin. MEXC, içeriğin doğruluğu, eksiksizliği veya güncelliği konusunda hiçbir garanti vermez ve sağlanan bilgilere dayalı olarak alınan herhangi bir eylemden sorumlu değildir. İçerik, finansal, yasal veya diğer profesyonel tavsiye niteliğinde değildir ve MEXC tarafından bir tavsiye veya onay olarak değerlendirilmemelidir.

Ayrıca Şunları da Beğenebilirsiniz

BetFury is at SBC Summit Lisbon 2025: Affiliate Growth in Focus

BetFury is at SBC Summit Lisbon 2025: Affiliate Growth in Focus

The post BetFury is at SBC Summit Lisbon 2025: Affiliate Growth in Focus appeared on BitcoinEthereumNews.com. Press Releases are sponsored content and not a part of Finbold’s editorial content. For a full disclaimer, please . Crypto assets/products can be highly risky. Never invest unless you’re prepared to lose all the money you invest. Curacao, Curacao, September 17th, 2025, Chainwire BetFury steps onto the stage of SBC Summit Lisbon 2025 — one of the key gatherings in the iGaming calendar. From 16 to 18 September, the platform showcases its brand strength, deepens affiliate connections, and outlines its plans for global expansion. BetFury continues to play a role in the evolving crypto and iGaming partnership landscape. BetFury’s Participation at SBC Summit The SBC Summit gathers over 25,000 delegates, including 6,000+ affiliates — the largest concentration of affiliate professionals in iGaming. For BetFury, this isn’t just visibility, it’s a strategic chance to present its Affiliate Program to the right audience. Face-to-face meetings, dedicated networking zones, and affiliate-focused sessions make Lisbon the ideal ground to build new partnerships and strengthen existing ones. BetFury Meets Affiliate Leaders at its Massive Stand BetFury arrives at the summit with a massive stand placed right in the center of the Affiliate zone. Designed as a true meeting hub, the stand combines large LED screens, a sleek interior, and the best coffee at the event — but its core mission goes far beyond style. Here, BetFury’s team welcomes partners and affiliates to discuss tailored collaborations, explore growth opportunities across multiple GEOs, and expand its global Affiliate Program. To make the experience even more engaging, the stand also hosts: Affiliate Lottery — a branded drum filled with exclusive offers and personalized deals for affiliates. Merch Kits — premium giveaways to boost brand recognition and leave visitors with a lasting conference memory. Besides, at SBC Summit Lisbon, attendees have a chance to meet the BetFury team along…
Paylaş
BitcoinEthereumNews2025/09/18 01:20
MAXI DOGE Holders Diversify into $GGs for Fast-Growth 2025 Crypto Presale Opportunities

MAXI DOGE Holders Diversify into $GGs for Fast-Growth 2025 Crypto Presale Opportunities

Presale crypto tokens have become some of the most active areas in Web3, offering early access to projects that blend culture, finance, and technology. Investors are constantly searching for the best crypto presale to buy right now, comparing new token presales across different niches. MAXI DOGE has gained attention for its meme-driven energy, but early [...] The post MAXI DOGE Holders Diversify into $GGs for Fast-Growth 2025 Crypto Presale Opportunities appeared first on Blockonomi.
Paylaş
Blockonomi2025/09/18 00:00
Tether Advances Gold Strategy With $150 Million Stake in Gold.com

Tether Advances Gold Strategy With $150 Million Stake in Gold.com

TLDR Tether buys $150M Gold.com stake to expand digital gold infrastructure Partnership links physical gold supply with blockchain settlement rails XAUT token distribution
Paylaş
Coincentral2026/02/06 10:09