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
No insider transactions recorded for this company.

Peer Companies

Company	Country	Ticker
SMEC CO.,LTD Manufactures machine tools, robots, and factory automation systems for global manufacturing sectors.	South Korea	099440
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Starrag Group Holding AG Global leader in high-precision machine tools for complex workpieces in key industrial sectors.	Switzerland	STGN
STRATASYS LTD. Provides polymer 3D printing solutions, printers, materials & services for key industries.	United States of America	SSYS
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TAKAMATSU MACHINERY CO., LTD. Manufactures high-precision CNC lathes and collets for the global automotive industry.	Japan	6155
TAKEDA MACHINERY CO., LTD. Manufactures steel drilling/sawing machines and press dies for the metal fabrication industry.	Japan	6150
Tornos Holding AG Swiss lathes & multi-spindle machines for precision parts in medical, auto, and electronics.	Switzerland	TOHN
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