Cyngn Inc.

Develops autonomous driving software for industrial vehicles to automate material handling.

CYN | NDAQ

Overview

Corporate Details

ISIN(s):: US23257B1070
LEI:
Country:: United States of America
Address:: 1344 TERRA BELLA AVENUE, 94043 MOUNTAIN VIEW
Website:: https://www.cyngn.com/
Sector:: Manufacturing
Industry:: Manufacture of special-purpose machinery

Description

Cyngn Inc. is an autonomous vehicle technology company that develops and deploys scalable, self-driving solutions for industrial organizations. Its core product, DriveMod, is an autonomous driving software stack integrated into industrial vehicles to create Autonomous Mobile Robots (AMRs), including the DriveMod Tugger and DriveMod Forklift. These vehicles are designed to automate repetitive material handling, hauling loads up to 12,000 lbs, and lifting workflows in manufacturing, logistics, and distribution environments. By leveraging AI and advanced sensor technology, Cyngn's AMRs operate without physical guides, offering a more flexible and intelligent alternative to traditional AGVs. The company's solutions aim to increase operational productivity, reduce labor costs, and enhance workplace safety for its clients.

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Insider Transactions

Date	Insider Name	Position	Type	Shares	Value
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Peer Companies

Company	Country	Ticker
OKAMOTO MACHINE TOOL WORKS, LTD. A leading maker of high-precision grinding machines and semiconductor processing equipment.	Japan	6125
OKUMA Corporation A single-source manufacturer of CNC machine tools, components, and controls for global industries.	Japan	6103
Pittler Maschinenfabrik AG Produces high-precision machine tools for the automotive and mechanical engineering industries.	Germany	PIT
Prima Industrie Automated systems for sheet metal working and contract electronics manufacturing.	Italy	PRI
Prodways Group Industrial 3D printing systems, materials, and on-demand manufacturing for diverse sectors.	France	PWG
Schlatter Industries AG Specialist in resistance welding systems for mesh and rails, and specialized weaving technology.	Switzerland	STRN
Seibu Electric & Machinery Co., Ltd. Specializes in logistics automation, industrial actuators, and high-precision machinery.	Japan	6144
SHIBAURA MACHINE CO., LTD. Manufactures high-precision molding machines, machine tools, industrial robots, and IoT systems.	Japan	6104
SIMPACInc Global maker of industrial press systems & automation for automotive & appliance industries.	South Korea	009160
SLM Solutions Group AG Provider of metal 3D printing systems for high-performance parts in demanding industries.	Germany	AM3D