Cyngn Secures Additional Autonomous Vehicle Deployment with Largest Independent Pepsi Bottler, G&J Pepsi
Rhea-AI Summary
Cyngn (NASDAQ: CYN) announced on December 16, 2025 that G&J Pepsi signed a new purchase order to expand its DriveMod Tugger program with a multi-vehicle deployment.
The order follows an initial October deployment at a single bottling plant and continues G&J Pepsi's move toward scaled autonomy across its Ohio and Kentucky distribution network. G&J Pepsi has not yet selected which facilities will receive the vehicles, a decision the company says reflects DriveMod's consistent performance and wide applicability.
Cyngn says the DriveMod system targets repetitive material handling tasks to reduce variability and improve productivity, allowing G&J Pepsi to extend those efficiencies across additional sites.
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News Market Reaction 22 Alerts
On the day this news was published, CYN declined 8.67%, reflecting a notable negative market reaction. Argus tracked a peak move of +10.0% during that session. Argus tracked a trough of -25.5% from its starting point during tracking. Our momentum scanner triggered 22 alerts that day, indicating elevated trading interest and price volatility. This price movement removed approximately $2M from the company's valuation, bringing the market cap to $26M at that time. Trading volume was exceptionally heavy at 26.0x the daily average, suggesting significant selling pressure.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus 1 Up 1 Down
Peers show mixed moves: AIFF -8.12%, BMR -5.7%, NUKK -5.01%, NTCL +43.94%, WETO -2.22%. Momentum scan flags NTCL -10.54% and NUKK +6.69% intraday, suggesting stock-specific rather than broad sector trading.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Nov 20 | Customer impact recap | Positive | +3.6% | Customers and partners detailed operational benefits from DriveMod deployments. |
| Nov 18 | Earnings report | Positive | +4.6% | Q3 2025 results with higher YTD revenue and extended cash runway to 2027. |
| Oct 30 | Deployment outcomes | Positive | -2.4% | Case examples of efficiency gains from DriveMod Tugger at multiple customers. |
| Oct 23 | Case study release | Positive | +6.6% | Case study video showing 4x efficiency gains at U.S. Continental. |
| Oct 14 | Initial G&J deployment | Positive | +3.6% | Announced DriveMod Tugger deployment with G&J Pepsi’s expanded warehouse. |
Recent company news and customer wins have often coincided with modestly positive next-day moves, though one operational highlight saw a small pullback, indicating generally constructive but not uniformly bullish reactions.
Over the last few months, Cyngn has highlighted commercialization of its DriveMod Tugger and customer results. On Oct 14, it announced the initial G&J Pepsi deployment, followed by multiple case studies and customer impact stories through late October and November. The Nov 18 Q3 2025 earnings report showed early revenue ramp and extended cash runway. Today’s additional G&J Pepsi multi-vehicle order continues this theme of expanding real-world deployments.
Regulatory & Risk Context
The company has an active S-3 shelf filed on 2025-09-05, allowing offerings of up to $300,000,000 in securities. The filing references an At-The-Market Sales Agreement with Aegis Capital Corp., and shelf usage was 0 transactions as of the latest context. The shelf was noted as not yet effective in the provided data.
Market Pulse Summary
The stock moved -8.7% in the session following this news. A negative reaction despite commercially positive news would fit a pattern where encouraging operational updates have not always led to sustained gains. The stock sat at 3.23, far below the 200-day MA of 5.56 and 99.48% under the 622.5 52-week high, reflecting prior pressure. An unused $300,000,000 shelf and recent restatements highlight capital and accounting overhangs that could weigh against upbeat deployment headlines.
AI-generated analysis. Not financial advice.
The deal with G&J Pepsi builds upon a deployment at a single bottling plant, which was announced in October.
This next phase of deployment is notable because G&J Pepsi has not yet finalized which facilities will receive the vehicles. The decision to move forward ahead of site selection reflects the consistency of DriveMod's performance and its applicability across a range of workflows.
"Customers increasingly view autonomy as a strategic capability rather than a point solution tied to a single use case," said Lior Tal, Cyngn's CEO. "When organizations commit to additional vehicles before identifying their specific assignments, it signals a high level of confidence in both the technology and the operational return it delivers across different environments."
"Expanding our DriveMod program reflects the results we've already seen and the broader potential we believe autonomy holds for our network," said Jeff Erwin, VP, Manufacturing & Quality at G&J Pepsi. "We're moving forward with additional vehicles before finalizing their facility assignments because the value is clear: the technology performs consistently, integrates cleanly, and gives us a scalable path to strengthening productivity across our operations."
The expansion builds on the previously announced DriveMod deployment within G&J Pepsi's warehousing operations. G&J Pepsi, the largest independent Pepsi bottler in
Cyngn's autonomous vehicle technology is designed to streamline repetitive material handling tasks, reduce operational variability, and support productivity improvements across large-scale distribution centers. The forthcoming multi-vehicle deployment will allow G&J Pepsi to extend these efficiencies across additional sites within its network.
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/A with the SEC filed on November 14, 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:
- 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.
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SOURCE Cyngn
FAQ
What did Cyngn (CYN) announce on December 16, 2025 regarding G&J Pepsi?
Does the G&J Pepsi expansion for Cyngn (CYN) identify which facilities will get vehicles?
How does the December 2025 G&J Pepsi order relate to Cyngn's prior deployment?
What operational benefits does Cyngn say DriveMod provides to G&J Pepsi?
Which regions does G&J Pepsi serve that are mentioned in the Cyngn announcement?
What does the multi-vehicle purchase order signal about G&J Pepsi's view of autonomy for shareholders watching CYN?
