/C O R R E C T I O N -- Cyngn/

Rhea-AI Summary

Cyngn (NASDAQ: CYN) said it has integrated its high-fidelity forklift vehicle models, exported as Functional Mock-up Units (FMUs), into NVIDIA Isaac Sim, enabling two-way communication between Cyngn's tire and vehicle dynamics and Isaac Sim's virtual surfaces. This aims to improve simulated forklift fidelity, identify issues earlier, and accelerate deployments. The integration supports Cyngn's autonomous forklift program and aligns with ongoing work with Arauco, which previously pre-ordered 100 autonomous forklifts.

Positive

• FMU integration of forklift models into NVIDIA Isaac Sim (Mar 16, 2026)
• Two-way dynamics coupling between Cyngn tire/vehicle models and Isaac Sim surfaces
• Arauco pre-order of 100 autonomous forklifts referenced
• GPU-accelerated testing via Isaac Sim to speed validation and reduce deployment risk

Negative

• None.

News Market Reaction – CYN

-2.94% 3.4x vol

42 alerts

-2.94% News Effect

+11.6% Peak Tracked

-25.4% Trough Tracked

-$650K Valuation Impact

$21M Market Cap

3.4x Rel. Volume

On the day this news was published, CYN declined 2.94%, reflecting a moderate negative market reaction. Argus tracked a peak move of +11.6% during that session. Argus tracked a trough of -25.4% from its starting point during tracking. Our momentum scanner triggered 42 alerts that day, indicating elevated trading interest and price volatility. This price movement removed approximately $650K from the company's valuation, bringing the market cap to $21M at that time. Trading volume was very high at 3.4x the daily average, suggesting heavy selling pressure.

Data tracked by StockTitan Argus on the day of publication.

In the news release, At GTC, Cyngn Advances High-Fidelity Forklift Simulation Through FMU Integration in NVIDIA Isaac Sim, issued 16-Mar-2026 by Cyngn over PR Newswire, we are advised by the company that changes have been made. The complete, corrected release follows, with additional details at the end:

At GTC, Cyngn Advances High-Fidelity Forklift Simulation Through FMU Integration in NVIDIA Isaac Sim

MOUNTAIN VIEW, Calif., March 16, 2026 /PRNewswire/ -- Cyngn (NASDAQ: CYN) announced it is integrating its high-fidelity forklift vehicle models into NVIDIA Isaac Sim, an open simulation framework for developing autonomous systems.

This milestone strengthens Cyngn's autonomous forklift program, including its work with Arauco, which previously pre-ordered 100 autonomous forklifts.

Over the past year, Cyngn and NVIDIA engineering teams worked together to enable Cyngn's detailed forklift models — built using advanced engineering tools and exported as Functional Mock-up Units (FMUs), an industry standard format — to run inside Isaac Sim. The teams established two-way communication between Cyngn's tire and vehicle dynamics models and Isaac Sim's virtual surfaces, ensuring that forklift behavior in simulation closely reflects real-world performance.

By bringing its validated vehicle dynamics models into a realistic digital factory environment in Isaac Sim, Cyngn can test how its forklifts move, turn, and respond to different surfaces before they operate in customer facilities. This allows the company to identify issues earlier, reduce risk, and accelerate deployment timelines.

"Combining NVIDIA Isaac Sim's large-scale, GPU-accelerated simulation environment with our high-fidelity forklift models allows us to develop and validate autonomy more efficiently," said Lior Tal, CEO of Cyngn. "By strengthening the connection between simulation and real-world deployment, we can move faster, reduce risk, and bring autonomous industrial vehicles to customers with greater confidence."

Cyngn's integration of Isaac Sim reflects its alignment with NVIDIA's clear long-term vision for simulation as fundamental to the development of  physical autonomy across industries — from robotics and logistics to autonomous vehicles.

About Cyngn

Cyngn develops and deploys autonomous vehicle technology for industrial organizations like manufacturers and logistics companies. The Company addresses 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.

Investor Contact:
Natalie Russell
CFO
investors@cyngn.com 

Media Contact:
Luke Renner
Head of Marketing
media@cyngn.com 

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.

REVISED: This release has been updated to use the correct version of the header image.

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SOURCE Cyngn

FAQ

What does Cyngn's March 16, 2026 integration with NVIDIA Isaac Sim mean for CYN investors?

It means Cyngn can run higher-fidelity simulations to validate forklifts before deployment, reducing operational risk. According to Cyngn, FMU-based models and two-way dynamics coupling let engineers spot issues earlier and potentially shorten customer deployment timelines.

How does Cyngn use FMUs in NVIDIA Isaac Sim for its autonomous forklifts (CYN)?

Cyngn exports detailed forklift models as FMUs and runs them inside Isaac Sim for realistic testing. According to Cyngn, this enables two-way communication with virtual surfaces to mirror real-world tire and vehicle dynamics.

Does the Cyngn and NVIDIA Isaac Sim integration affect Cyngn's work with Arauco (CYN)?

The integration supports Cyngn's autonomous forklift program, which includes Arauco's prior pre-order of 100 forklifts. According to Cyngn, improved simulation fidelity helps validate vehicles before they operate in customer facilities.

What technical benefits does Isaac Sim provide to Cyngn's forklift validation (CYN)?

Isaac Sim offers large-scale, GPU-accelerated simulation that increases testing speed and scale. According to Cyngn, combining GPU acceleration with validated vehicle models improves development efficiency and confidence ahead of real-world deployment.

Will Cyngn's simulation work shorten autonomous forklift deployment timelines for customers (CYN)?

Potentially yes: enhanced simulation aims to identify issues earlier and reduce risk, which can accelerate deployments. According to Cyngn, validated dynamics in Isaac Sim allow more confident transitions from virtual testing to customer sites.

Is Cyngn's forklift behavior in Isaac Sim representative of real-world performance (CYN)?

Cyngn says the two-way link between FMU models and Isaac Sim surfaces brings simulated behaviour closer to real-world results. According to Cyngn, this alignment improves the accuracy of turning, handling, and surface responses in simulation.