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Cyngn is collaborating with Qualcomm Technologies, Inc. on an exhibit of industrial AMR technology powered by Qualcomm Robotics RB5 Platform at the Hannover Messe Expo in Germany May 30th to June 2nd. Source: Cyngn
Cyngn is collaborating with Qualcomm Technologies, Inc. on an exhibit of industrial AMR technology powered by Qualcomm Robotics RB5 Platform at the Hannover Messe Expo in Germany May 30th to June 2nd. Source: Cyngn
May 27, 2022 01:45 PM Eastern Daylight Time
MENLO PARK, Calif.--( BUSINESS WIRE )--Cyngn (or the “Company”) (NASDAQ: CYN), a developer of innovative autonomous driving software solutions for industrial and commercial applications, today announced its collaboration with Qualcomm Technologies, Inc. to demonstrate autonomous mobile robots (AMRs) powered by the Qualcomm Robotics RB5 Platform at the Hannover Messe Expo. Cyngn and Qualcomm Technologies will be showcasing Cyngn’s DriveMod-powered Columbia Stockchaser , an industrial AMR powered by the Qualcomm Robotics RB5 Platform. The solution is an advanced computing platform which offers the high-capacity processing required for the next generation of AI, machine learning, and intelligent sensing industrial robots with reduced power consumption. “The industrial AMRs that our technology powers today process data and make decisions from a multitude of sensors in real-time, and Qualcomm Technologies’ leading robotics solutions including the Qualcomm Robotics RB5 Platform and the Qualcomm Robotics RB6 platform are driving Cyngn’s advanced robotics with an excellent AI processing-to-power ratio. As a leader in 5G, Qualcomm Technologies will help support the improvement of teleoperation, accelerated data transfer rates, and even opens novel high-accuracy localization solutions,” said Lior Tal, Cyngn’s CEO. “We are proud to be exhibiting together with Qualcomm Technologies at the largest industrial technology conference in the world – Hannover Messe.”
The Hannover Messe is one of the world’s largest trade expositions, and is focused solely on industry development. On average, the Hannover Messe features approximately 6,500 exhibitors, with an average of 250,000 visitors. This year’s event will be held on May 30 - June 2, 2022, at the Hanover Fairgrounds in Hanover, Germany. Advanced processing and network speeds facilitate the development of progressively smarter robots that are able to swiftly negotiate critical decisions. The safety factor is paramount for industries such as manufacturing, logistics, mining, and construction who rely on AMRs for both operational efficiency and improved safety. The increased data processing and network speed/availability also contribute significantly to the capabilities of the Cyngn Insight analytics platform, which gathers vehicle data to provide customers with real-time, actionable data. "We are pleased to work with Cyngn to support the proliferation of 5G AMRs that will drive operational efficiencies and support business resiliency in an increasingly digital economy. Our leading robotics solutions – the Qualcomm Robotics RB6 platform and the Qualcomm Robotics RB5 platform – deliver premium capabilities with high-capacity, low power, and cutting-edge 5G and AI capabilities to fuel the development of smarter and safer commercial AMRs," said Dev Singh, senior director, business development, and head of autonomous robotics, drones and intelligent machines at Qualcomm Technologies, Inc.
About Cyngn
Cyngn is an autonomous vehicle technology company that is focused on addressing industrial uses for autonomous vehicles. Cyngn believes that technological innovation is needed to enable adoption of autonomous industrial vehicles that will address the substantial industry challenges that exist today. These challenges include labor shortages, lagging technological advancements from incumbents, and high upfront investment requirements. Cyngn addresses these challenges with its Enterprise Autonomy Suite, which includes DriveMod (modular industrial vehicle autonomous driving software), Cyngn Insight (customer-facing software suite for monitoring/managing AV fleets and aggregating/analyzing data), and Cyngn Evolve (internal toolkit that enables Cyngn to leverage data from the field for artificial intelligence, simulation, and modeling). To learn more, please visit https://cyngn.com/ . Find Cyngn on:
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 SEC. 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. Readers are cautioned that it is not possible to predict or identify all the risks, uncertainties and other factors that may affect future results. Contacts

Cyngn Collaborates with Qualcomm to Exhibit Industrial Autonomous Mobile Robot Technology Powered by Qualcomm Robotics RB5 Platform at Hannover Messe Expo

MENLO PARK, Calif.–(BUSINESS WIRE)– $CYN #amrs —Cyngn (or the “Company”) (NASDAQ: CYN), a developer of innovative autonomous driving software solutions for industrial and commercial applications, today announced its collaboration with Qualcomm Technologies, Inc. to demonstrate autonomous mobile robots (AMRs) powered by the Qualcomm Robotics RB5 Platform at the Hannover Messe Expo. Cyngn and Qualcomm Technologies will be showcasing Cyngn’s DriveMod-powered Columbia Stockchaser , an industrial AMR powered by the Qualcomm Robotics RB5 Platform. The solution is an advanced computing platform which offers the high-capacity processing required for the next generation of AI, machine learning, and intelligent sensing industrial robots with reduced power consumption. “The industrial AMRs that our technology powers today process data and make decisions from a multitude of sensors in real-time, and Qualcomm Technologies’ leading robotics solutions including the Qualcomm Robotics RB5 Platform and the Qualcomm Robotics RB6 platform are driving Cyngn’s advanced robotics with an excellent AI processing-to-power ratio. As a leader in 5G, Qualcomm Technologies will help support the improvement of teleoperation, accelerated data transfer rates, and even opens novel high-accuracy localization solutions,” said Lior Tal, Cyngn’s CEO. “We are proud to be exhibiting together with Qualcomm Technologies at the largest industrial technology conference in the world – Hannover Messe.”
The Hannover Messe is one of the world’s largest trade expositions, and is focused solely on industry development. On average, the Hannover Messe features approximately 6,500 exhibitors, with an average of 250,000 visitors. This year’s event will be held on May 30 – June 2, 2022, at the Hanover Fairgrounds in Hanover, Germany. Advanced processing and network speeds facilitate the development of progressively smarter robots that are able to swiftly negotiate critical decisions. The safety factor is paramount for industries such as manufacturing, logistics, mining, and construction who rely on AMRs for both operational efficiency and improved safety. The increased data processing and network speed/availability also contribute significantly to the capabilities of the Cyngn Insight analytics platform, which gathers vehicle data to provide customers with real-time, actionable data. « We are pleased to work with Cyngn to support the proliferation of 5G AMRs that will drive operational efficiencies and support business resiliency in an increasingly digital economy. Our leading robotics solutions – the Qualcomm Robotics RB6 platform and the Qualcomm Robotics RB5 platform – deliver premium capabilities with high-capacity, low power, and cutting-edge 5G and AI capabilities to fuel the development of smarter and safer commercial AMRs, » said Dev Singh, senior director, business development, and head of autonomous robotics, drones and intelligent machines at Qualcomm Technologies, Inc.
About Cyngn
Cyngn is an autonomous vehicle technology company that is focused on addressing industrial uses for autonomous vehicles. Cyngn believes that technological innovation is needed to enable adoption of autonomous industrial vehicles that will address the substantial industry challenges that exist today. These challenges include labor shortages, lagging technological advancements from incumbents, and high upfront investment requirements. Cyngn addresses these challenges with its Enterprise Autonomy Suite, which includes DriveMod (modular industrial vehicle autonomous driving software), Cyngn Insight (customer-facing software suite for monitoring/managing AV fleets and aggregating/analyzing data), and Cyngn Evolve (internal toolkit that enables Cyngn to leverage data from the field for artificial intelligence, simulation, and modeling). To learn more, please visit https://cyngn.com/ . Find Cyngn on:
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 SEC. 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. Readers are cautioned that it is not possible to predict or identify all the risks, uncertainties and other factors that may affect future results. Contacts

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Cyngn management will present virtually at the upcoming H.C. Wainwright Global Investment Conference. Source: Cyngn
May 20, 2022 08:05 AM Eastern Daylight Time
MENLO PARK, Calif.--( BUSINESS WIRE )--Cyngn (or the “Company”) (NASDAQ: CYN), a developer of innovative autonomous driving software solutions for industrial and commercial applications, today announced that management is scheduled to present virtually at the H.C. Wainwright Annual Global Investment Conference on Tuesday, May 24, 2022, at 4 a.m. PT/7 a.m. ET. The webcast of the presentation can be accessed at the “Events & Presentations” page of Cyngn’s Investor Relations website by clicking here . The conference is taking place in a hybrid format and will be held in person at the Fontainebleau Miami Beach Hotel in Miami on May 23-26, 2022. Management will also be participating in virtual one-on-one and small group meetings at the conference. Those interested in meeting with management may contact Cyngn’s Investor Relations representative listed below. About Cyngn
Cyngn is an autonomous vehicle technology company that is focused on addressing industrial uses for autonomous vehicles. Cyngn believes that technological innovation is needed to enable adoption of autonomous industrial vehicles that will address the substantial industry challenges that exist today. These challenges include labor shortages, lagging technological advancements from incumbents, and high upfront investment requirements. Cyngn addresses these challenges with its Enterprise Autonomy Suite, which includes DriveMod (modular industrial vehicle autonomous driving software), Cyngn Insight (customer-facing software suite for monitoring/managing AV fleets and aggregating/analyzing data), and Cyngn Evolve (internal toolkit that enables Cyngn to leverage data from the field for artificial intelligence, simulation, and modeling). To learn more, please visit https://cyngn.com/ . Find Cyngn on:

Cyngn to Present at the H.C. Wainwright Global Investment Conference

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Cyngn publishes a white paper examining the critical role autonomous industrial vehicles will play in the future of manufacturing. Source: Cyngn
Cyngn publishes a white paper examining the critical role autonomous industrial vehicles will play in the future of manufacturing. Source: Cyngn
May 18, 2022 08:05 AM Eastern Daylight Time
MENLO PARK, Calif.--( BUSINESS WIRE )--Cyngn (or the “Company”) (NASDAQ: CYN), a developer of innovative autonomous driving software solutions for industrial and commercial applications, today announced the release of a white paper that examines the critical role autonomous industrial vehicles play in the future of manufacturing. Citing various published sources, the white paper highlights the benefits autonomous vehicles provide for manufacturers, such as increased throughput, improved safety, reduced costs, and solutions to labor shortages. Allowing skilled workers to concentrate their efforts on tasks that utilize their expertise not only drives productivity but allows businesses to scale to meet increasing demands. Skilled workers often spend a large percentage of their day moving goods from one part of the warehouse to another, a task that could easily and reliably be reassigned to autonomous vehicles. Key takeaways from Cyngn’s white paper:
Increase productivity - Industrial vehicle automation can produce operational efficiency gains of upwards of 50%. Address labor shortages - By allocating mundane, repetitive tasks to autonomous vehicles, workers can focus on value-added, skilled job functions, further improving productivity. Scalability - Autonomy allows companies to have a flexible infrastructure and, in turn, efficiently scale their operations relative to increased demand. To download a complimentary copy of the white paper, click HERE . About Cyngn
Cyngn is an autonomous vehicle technology company that is focused on addressing industrial uses for autonomous vehicles. Cyngn believes that technological innovation is needed to enable adoption of autonomous industrial vehicles that will address the substantial industry challenges that exist today. These challenges include labor shortages, lagging technological advancements from incumbents, and high upfront investment requirements. Cyngn addresses these challenges with its Enterprise Autonomy Suite, which includes DriveMod (modular industrial vehicle autonomous driving software), Cyngn Insight (customer-facing software suite for monitoring/managing AV fleets and aggregating/analyzing data), and Cyngn Evolve (internal toolkit that enables Cyngn to leverage data from the field for artificial intelligence, simulation, and modeling). To learn more, please visit https://cyngn.com/ . Find Cyngn on:

Cyngn Publishes White Paper Highlighting the Case for Autonomous Industrial Vehicles in the Future of Manufacturing

Cyngn leadership will ring the opening bell of the NASDAQ Stock Market on Wednesday, May 11, 2022, in celebration of its IPO in late 2021. Source: Cyngn
Cyngn leadership will ring the opening bell of the NASDAQ Stock Market on Wednesday, May 11, 2022, in celebration of its IPO in late 2021. Source: Cyngn
May 11, 2022 07:30 AM Eastern Daylight Time
MENLO PARK, Calif.--( BUSINESS WIRE )--Cyngn (or the “Company”) (NASDAQ: CYN), a developer of innovative autonomous driving software solutions for industrial and commercial applications, today announced the Company’s Chairman and CEO Lior Tal will be joined by other members of the Company to ring the opening bell of the NASDAQ Stock Market on Wednesday, May 11, 2022, at 9:30 a.m. ET in celebration of its IPO in October 2021. The ceremony will take place at the NASDAQ Marketsite, 4 Times Square, 43rd and Broadway, in New York. The live ceremonies will begin at 9:15 a.m. ET and can be viewed at https://livestream.com/accounts/27896496/events/10316574 or https://www.nasdaq.com/marketsite/bell-ringing-ceremony . For additional information, please contact The Equity Group at (212) 371-8660. “Cyngn’s IPO last year was a significant milestone for our Company as we moved beyond research and development and into productizing and commercializing our proprietary Enterprise Autonomy Suite, a full-stack self-driving system purpose built for industrial and commercial applications. Ringing the Nasdaq opening bell today is representative of opening a new era of innovation where autonomy is critical to Industry 4.0, shaping the future of manufacturing and any material-handling starting now,” stated Mr. Tal. “I am honored and grateful to be joined both physically and virtually by my talented team of colleagues and those who have supported us through all the stages of Cyngn’s development over the years. Bolstered by the significant progress we have made with product launches and key strategic partnerships since the start of 2022, I am confident and excited for Cyngn’s journey ahead.”
About Cyngn
Cyngn is an autonomous vehicle technology company that is focused on addressing industrial uses for autonomous vehicles. Cyngn believes that technological innovation is needed to enable adoption of autonomous industrial vehicles that will address the substantial industry challenges that exist today. These challenges include labor shortages, lagging technological advancements from incumbents, and high upfront investment requirements. Cyngn addresses these challenges with its Enterprise Autonomy Suite, which includes DriveMod (modular industrial vehicle autonomous driving software), Cyngn Insight (customer-facing software suite for monitoring/managing AV fleets and aggregating/analyzing data), and Cyngn Evolve (internal toolkit that enables Cyngn to leverage data from the field for artificial intelligence, simulation, and modeling). To learn more, please visit https://cyngn.com/ . Find Cyngn on:
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, such as statements about the Company’s growth, ability to deliver sustainable long-term value, ability to respond to the changing environment, operational focus, strategic growth plans, product launches and corresponding revenue generation, operations and financial results. Forward-looking statements reflect current views with respect to future events and financial performance and therefore cannot be guaranteed. Such statements are based on the current expectations and certain assumptions of the Company’s management, and some or all of such expectations and assumptions may not materialize or may vary significantly from actual results. Actual results may also vary materially from forward-looking statements due to risks, uncertainties and other factors, known and unknown, including the risk factors described from time to time in the Company’s reports to the SEC, including, without limitation the risk factors discussed in the Company’s Prospectus. The forward-looking statements are applicable only as of the date on which they are made, and the Company does not assume any obligation to update any forward-looking statements. Contacts

Cyngn to Ring the NASDAQ Stock Market Opening Bell Today

Qualcomm Incorporated (Nasdaq: QCOM) manufactures digital wireless communications equipment. The Company licenses its code division multiple access (CDMA) and orthogonal frequency division multiplexing access intellectual property to other companies, and produces CDMA-based integrated circuits, as well as equipment and software used to track workers, assets, and software for wireless content enablement.

Qualcomm

greenland technologies holding corporation

MENLO PARK , Calif. & EAST WINDSOR , N.J. -- -- Cyngn , a developer of autonomous vehicle solutions for industrial fleets , and Greenland Technologies Holding Corporation , a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machinery and vehicles , today announced they are embarking on a strategic partnership whereby Cyngn will bring its self-driving vehicle capabilities to Greenland forklifts with its proprietary Enterprise Autonomy Suite .

Greenland Technologies Chooses Cyngn to Bring Autonomous Vehicle Technology to Their Fleet of Lithium-Powered Electric Forklifts.

Greenland Technologies (NASDAQ: GTECH) is a developer and manufacturer of electric industrial vehicles and power systems for material handling equipment. The company was founded in 2006 and is based in East Windsor, New Jersey.

Greenland Technologies

Columbia Vehicle Group is specialized in creating electric and gas-powered vehicle solutions for industrial environments, rental, resorts, colleges, and universities, and government entities. It is based in Reedsburg, Wisconsin.

Columbia Vehicle Group

Evolver

Snaptu

Actimize

DiskSites

Odigo

Oculus VR

Samsung Telecommunications America

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Health Monitoring Systems

University of Pittsburgh

Expedient

Starsky Robotics

Highfive

Lyve

Netflix

Dell Technologies

Digeo

TiVo

Palm Computing

Funding Date

Pre-Money Valuation

Post-Money Valuation

Amount Raised

Shares Authorized

Issuance Price

Dividend Rate

Liquidation Preferences

Liquidation Price

Participation

Conversion Price

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Series C - II

Series A

Series B

Series C

Cyanogen (NASDAQ: CYN) was formerly an Android mobile operating system company but has pivoted to working on autonomous driving technology.

Cyanogen

Public

Android is a software stack for mobile devices that includes an operating system, middleware and key applications. This beta version of the Android SDK aims to provide the tools and APIs necessary to begin developing applications on the Android platform using the Java programming language.

IKIN develops holographic reality which provides the real-world interaction of VR, the mixed reality projection AR, and does it without goggles or a flat-screen.

Joe Ward

Chief Executive Officer

Name	Work History	Title	Status
Kirt M.	Evolver	Founder	Current
Lior Tal	Meta, Snaptu, Actimize, DiskSites, and Odigo	Chief Executive Officer	Current
Stefanie Kondik	Oculus VR, Samsung Telecommunications America, Panthera Technology Solutions, Health Monitoring Systems, University of Pittsburgh, and Expedient	Chief Technology Officer	Former
Ain McKendrick	Starsky Robotics, Highfive, Lyve, Netflix, Dell Technologies, Digeo, TiVo, and Palm Computing	Senior Vice President	Former

Name	Kirt M.	Lior Tal	Stefanie Kondik	Ain McKendrick
Work History	Evolver	Meta, Snaptu, Actimize, DiskSites, and Odigo	Oculus VR, Samsung Telecommunications America, Panthera Technology Solutions, Health Monitoring Systems, University of Pittsburgh, and Expedient	Starsky Robotics, Highfive, Lyve, Netflix, Dell Technologies, Digeo, TiVo, and Palm Computing
Title	Founder	Chief Executive Officer	Chief Technology Officer	Senior Vice President
Status	Current	Current	Former	Former

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