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Cyngn Partners with Chandler Automation, Expands into Agriculture

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Cyngn (Nasdaq: CYN) announced on Dec. 23, 2025 that Chandler Automation joined its dealer network to offer Cyngn's autonomous DriveMod Tugger to food processors and packers in the agriculture sector.

Chandler Automation will integrate the DriveMod Tugger to automate high-frequency material transport between processing, inspection, packaging, and palletizing lines, aiming to reduce manual handling and improve throughput. The partnership extends Cyngn's vertical reach for DriveMod deployments and leverages Chandler's experience in optical sorting, robotic palletizing, and custom processing machinery.

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Market Reaction 15 min delay 1 Alert

-5.04% Since News
$3.01 Last Price
$3.01 $3.12 Day Range
-$1M Valuation Impact
$24M Market Cap
0.0x Rel. Volume

Following this news, CYN has declined 5.04%, reflecting a notable negative market reaction. The stock is currently trading at $3.01. This price movement has removed approximately $1M from the company's valuation.

Data tracked by StockTitan Argus (15 min delayed). Upgrade to Silver for real-time data.

Market Reality Check

$3.17 Last Close
Volume Volume 182,086 is well below the 20-day average of 505,059 (relative volume 0.36). low
Technical Shares at $3.17 are trading below the 200-day MA of $5.48, and 98.93% below the 52-week high.

Peers on Argus

Peers show mixed moves: AIFF -6.43%, NUKK -1.33%, NTCL -1.52% while BMR +2.99% and WETO +2.31%. No clear, unified sector direction relative to CYN.

Historical Context

Date Event Sentiment Move Catalyst
Dec 16 Deployment expansion Positive -8.7% G&J Pepsi signed new multi-vehicle DriveMod Tugger purchase order.
Nov 20 Customer feedback Positive +3.6% Customers and partners detailed operational benefits of DriveMod deployments.
Nov 18 Earnings update Neutral +4.6% Q3 2025 results with modest revenue, sizable losses, and extended runway.
Oct 30 Customer outcomes Positive -2.4% Highlighted efficiency gains and labor savings from DriveMod Tugger users.
Oct 23 Case study release Positive +6.6% Case study video on U.S. Continental’s 4x efficiency using DriveMod Tugger.
Pattern Detected

Recent positive customer and deployment news often produced mixed reactions, including notable downside on seemingly favorable updates.

Recent Company History

Over the last few months, Cyngn has highlighted expanding deployments and customer outcomes around its DriveMod Tugger platform. On Oct 23 and Oct 30, case studies and efficiency gains at U.S. Continental and other customers were followed by both gains and declines. The Nov 18 Q3 2025 report showed higher revenue and extended runway, then on Nov 20 and Dec 16 the company spotlighted broader adoption at G&J Pepsi. Today’s agriculture-focused partnership continues that theme of expanding DriveMod into new use cases.

Regulatory & Risk Context

Active S-3 Shelf Registration 2025-09-05
$300,000,000 registered capacity

An effective S-3 shelf filed on 2025-09-05 allows Cyngn to offer up to $300,000,000 of securities over time, providing capital-raising flexibility that could increase the outstanding share count if utilized.

Market Pulse Summary

The stock is down -5.0% following this news. A negative reaction despite a partnership announcement fits prior instances where positive deployment news coincided with downside moves, such as the -8.67% reaction on Dec 16, 2025. The stock trades far below its 52-week high, and Cyngn has an S-3 shelf for up to $300,000,000 of securities, which may keep capital-raise and dilution risk in focus alongside ongoing net losses and restatement-related filings.

AI-generated analysis. Not financial advice.

MOUNTAIN VIEW, Calif., Dec. 23, 2025 /PRNewswire/ -- Cyngn (Nasdaq: CYN) today announced that Chandler Automation has joined its dealer network and will begin offering Cyngn's autonomous DriveMod Tugger to food processors and packers in the agriculture sector.

Chandler Automation is a full-service partner in factory automation, specializing in optical sorting, inspection, robotic palletizing, and custom processing machinery. Known for delivering tailored, high-performance systems, Chandler empowers food processors to reduce labor costs, boost efficiency, and stay competitive with the latest in automation technology. With a commitment to integrity, service, and customer satisfaction, Chandler is the trusted guide from concept to commissioning.

Under this new partnership, Chandler Automation will offer the DriveMod Tugger, enabling food producers to automate high-frequency, repetitive material transport between upstream processing lines and downstream inspection, packaging, and palletizing systems. The partnership builds on Cyngn's momentum expanding DriveMod deployments across multiple industries.

"Chandler Automation is deeply embedded in the food processing ecosystem, and their team is trusted across the agriculture sector," said Lior Tal, CEO of Cyngn. "As food producers increase their investment in automation, the ability to autonomously move product between processing, inspection, and packaging lines becomes a meaningful opportunity to increase uptime and throughput. This partnership represents a strong extension of our work into a new industry vertical."

"Many of our customers have modernized inspection and packaging but still rely on manual transport between stations," said Sean Chandler, CEO of Chandler Automation. "Cyngn's autonomous vehicle technology gives us a solution that aligns with the continuous-flow operations our customers are designing."

To join the Cyngn network as a dealer, please visit https://www.cyngn.com/company/dealer-network.

About Chandler Automation

Chandler Automation is a forward-thinking, award-winning automation partner helping food and agricultural processors solve today's toughest operational challenges.

By combining deep industry expertise with advanced automation, controls, and data-driven insights, Chandler designs and integrates systems that reduce labor dependency, increase throughput, and improve consistency across the production line. From targeted upgrades to fully automated turnkey systems, every solution is engineered around the customer's unique operation—not a one-size-fits-all approach.

Chandler's AI-informed design process and connected systems help processors make smarter decisions, anticipate issues before they cause downtime, and continuously optimize performance. Backed by responsive service, long-term support, and a Guaranteed Satisfaction commitment, Chandler Automation delivers more than machines—they deliver confidence, partnership, and measurable results.

Trusted by almond, food, and industrial processors nationwide, Chandler Automation is redefining what's possible on the plant floor—one smart solution at a time.

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. For all terms referenced within, please refer to the Company's annual report on Form 10-K with the SEC filed on March 6, 2025.

Investor Contact:
Natalie Russell
Chief Financial Officer
investors@cyngn.com

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

Where to Find Cyngn:

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 filed with the SEC on March 6, 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.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/cyngn-partners-with-chandler-automation-expands-into-agriculture-302648238.html

SOURCE Cyngn

FAQ

What did Cyngn (CYN) announce on December 23, 2025?

Cyngn announced a new dealer partnership with Chandler Automation to offer the DriveMod Tugger to food processors and packers in agriculture.

How will the Cyngn DriveMod Tugger be used by Chandler Automation customers?

The DriveMod Tugger will automate high-frequency material transport between processing, inspection, packaging, and palletizing systems.

Does the Chandler Automation partnership expand Cyngn's market for DriveMod?

Yes, the partnership extends DriveMod deployments into the food processing and agriculture vertical.

Will the Chandler Automation deal change Cyngn's dealer network for CYN shareholders?

The announcement adds a new dealer to Cyngn's network, increasing channel access into food processing customers.

What capabilities does Chandler Automation bring to the Cyngn partnership?

Chandler brings expertise in optical sorting, inspection, robotic palletizing, and custom processing machinery for food processors.

Where can investors learn how to join Cyngn's dealer network for CYN?

Investors can visit Cyngn's dealer network page at https://www.cyngn.com/company/dealer-network for details.
Cyngn Inc

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