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Cyngn Inc - CYN STOCK NEWS

Welcome to our dedicated news page for Cyngn (Ticker: CYN), a resource for investors and traders seeking the latest updates and insights on Cyngn.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Cyngn's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Cyngn's position in the market.

Rhea-AI Summary
Cyngn Inc. announces its initial DriveMod Tugger deployment with Rivian, showcasing the growing interest in Cyngn's AI-powered autonomous driving solutions for industrial applications. CEO Lior Tal highlights the adoption of autonomous solutions in the manufacturing sector, particularly in high-uptime heavy manufacturing domains like automotive, agricultural equipment, and defense.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.97%
Tags
none
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Rhea-AI Summary
Cyngn Inc. (CYN) announces a strategic partnership with RobotLAB, a leading robotics integrator, to sell ten DriveMod Tuggers, aiming for revenue growth. The collaboration expands Cyngn's Dealer Network, leveraging RobotLAB's extensive experience in the robotics industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.9%
Tags
none
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Rhea-AI Summary
Cyngn Inc. reveals the AI-powered DriveMod Tugger, a groundbreaking innovation for automating hauling workflows. The company showcases the vehicle at MODEX 2024, highlighting its partnership with Motrec International Inc. for an autonomous tugger with advanced features. The DriveMod Tugger offers multi-layer perception, data analytics, lighting system, dual displays, manual mode, robust towing, and auto-unhitch capabilities, enhancing efficiency and safety in goods transportation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.63%
Tags
AI
Rhea-AI Summary
Cyngn Inc. (CYN) reports financial results for Q4 and year ending Dec 31, 2023. Revenue grows to $1.5 million, with costs and expenses at $24.8 million. Net loss for 2023 is $(22.8) million. Q4 revenue at $40.4 thousand, with net loss of $(5.4) million. Cyngn's cash and short-term investments at $8.2 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-13.46%
Tags
earnings
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Rhea-AI Summary
Cyngn (Nasdaq: CYN) will showcase its latest innovation, the DriveMod Tugger, at MODEX 2024 with Motrec International Inc. The fully-autonomous tow tractor aims to enhance efficiency and safety in heavy-load towing, offering a towing capacity of over 6,000 pounds and a 54-inch turning radius. Cyngn's presence at MODEX highlights its commitment to innovation in the manufacturing and supply chain industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.37%
Tags
conferences
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Rhea-AI Summary
Cyngn, Inc. (Nasdaq: CYN) is set to release its 2023 fourth quarter and year-end financial results on March 6, 2024, without an earnings call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.78%
Tags
earnings
Rhea-AI Summary
Cyngn Inc. (CYN) announces successful customer deployment results with U.S. Continental (USC), a leading private label care company serving renowned brands like Michael Kors and Monster Energy. USC, known for its commercial packaging and care products, partners with Cyngn to enhance operational efficiency with self-driving industrial vehicles and AI technology.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
13.54%
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none
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Rhea-AI Summary
Cyngn Inc. (Nasdaq: CYN) has secured a 180-day extension from Nasdaq to maintain its listing on the Nasdaq Capital Market, with a deadline of August 19, 2024, to meet the $1 minimum bid price per share requirement. The Company's Chairman and CEO, Lior Tal, expressed gratitude to Nasdaq and reaffirmed the company's dedication to rectifying the compliance issue while focusing on enhancing shareholder value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
13.54%
Tags
none
-
Rhea-AI Summary
Cyngn Inc. (Nasdaq: CYN) will present at Singular Research's Emerging Growth & Value Alpha Leaders Webinar on February 22, 2024. Bill Ong, the Head of Investor Relations, Planning & Strategy, will provide a company overview. The virtual presentation will be available live by registering with Singular Research.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.3%
Tags
conferences acquisition
Rhea-AI Summary
Cyngn Inc. (Nasdaq: CYN) has launched Auto-unhitch, a hands-off solution for industrial autonomous vehicles to drop off cargo, enhancing operational efficiency and addressing labor shortages. The feature seamlessly integrates with existing workflows and includes safety features and manual mode. Cyngn's technology offers a customizable end-to-end autonomous industrial vehicle solution.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.58%
Tags
none
Cyngn Inc

Nasdaq:CYN

CYN Rankings

CYN Stock Data

14.19M
66.23M
0.94%
31.68%
2.46%
Custom Computer Programming Services
Professional, Scientific, and Technical Services
Link
United States
Menlo Park

About CYN

very soon autonomous machines will be everywhere, in surprising places, exciting new form factors both unexpected and delightful. from our silicon valley labs, the cyngn team is bringing this world to life, animating the inanimate and delivering the future...now.