Exyn Technologies Interim CEO Ben Williams to Appear Today on FOX Business Network’s “Varney & Company” at Approximately 9:50 a.m. ET
Exyn expects to contribute ExynAI-powered navigation for ground vehicle autonomy to the DOE-selected MAP-POD project.
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Rhea-AI Summary
Exyn Technologies (EXYN) announced that interim CEO Ben Williams will appear live on FOX Business Network’s Varney & Company. The interview is scheduled for approximately 9:50 a.m. Eastern Time on October 19, 2026. Williams is expected to discuss ExynAI technology, defense and national security applications, and Exyn’s participation in a U.S. Department of Energy initiative.
Exyn is part of the national laboratory-led MAP-POD project for mineral prospecting and discovery. The project is one of 17 selected by DOE for award negotiations under its Mine of the Future Initiative, with $29.5 million in funding across the selected projects, not an amount allocated specifically to Exyn.
Positive
- Minor pointExyn’s team participation in MAP-POD connects it to a DOE-selected mineral discovery project.
Negative
- Minor pointMAP-POD’s DOE selection is for award negotiations, rather than a completed funding award.
Details
Market Reaction – EXYN
On Oct 19, the day this news came out, the latest delayed price for EXYN is 10.72% above the previous close. Argus tracked a peak move of +18.4% during the session. Our momentum scanner has recorded 26 alerts for this stock so far that day. The latest delayed price is $2.17. Relative volume is exceptionally heavy at 19.0x the average.
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Williams to Discuss Exyn’s Physical AI Technology, Defense Applications and Participation in a U.S. Department of Energy Initiative to Advance Domestic Critical Mineral Discovery
PHILADELPHIA, PA, Oct. 19, 2026 (GLOBE NEWSWIRE) -- Exyn Technologies (“Exyn” or the “Company”) (NASDAQ: EXYN, EXYNW), a leader in physical AI for autonomous mapping and perception-driven navigation in complex, GPS-denied environments, today announced that Ben Williams, Interim Chief Executive Officer and Chief Operating Officer, will appear live today on FOX Business Network’s Varney & Company at approximately 9:50 a.m. Eastern Time.
During the interview, Mr. Williams is expected to discuss Exyn’s physical AI technology, ExynAI®, and its growing applications across defense and national security, as well as the Company's participation, announced earlier today, in a national laboratory-led project selected by the U.S. Department of Energy (“DOE”) for award negotiations under its Mine of the Future Initiative.
Exyn is part of the national laboratory-led team supporting the Mining Autonomous Platform for Prospecting and Ore Discovery (“MAP-POD”) project, one of 17 national laboratory projects that DOE selected for a total of
“We appreciate the opportunity to share Exyn's story with FOX Business viewers, particularly as our technology becomes increasingly relevant to some of the nation's most pressing priorities, including defense, national security and domestic critical mineral production,” said Ben Williams, Interim Chief Executive Officer and Chief Operating Officer of Exyn Technologies. “Our role in this DOE-selected project reflects what ExynAI was built to do, which is to navigate and map underground and in other environments where there is no GPS and conditions can be hazardous for people. We believe these capabilities create significant opportunities to expand our technology across defense, critical infrastructure and other mission-critical applications.”
Varney & Company, hosted by Stuart Varney, airs from 9 a.m. to 12 p.m. ET on FOX Business Network. For more information about the program, visit https://www.foxbusiness.com/shows/varney-co
About Exyn Technologies
Exyn Technologies (NASDAQ: EXYN, EXYNW) is a leader in physical AI for autonomous mapping and perception-driven navigation in complex, GPS-denied environments. The Company’s technology enables teams to capture accurate 3D data in environments that are dark, disconnected, hazardous, or difficult to access. Exyn’s solutions support customers across mining, construction, infrastructure, geospatial, industrial, government, and defense applications. For more information, visit www.exyn.com.
© 2026. Exyn Technologies, Inc. All rights reserved. Exyn Technologies and ExynAI are registered trademarks of Exyn Technologies, Inc. All other trademarks are the property of their respective owners.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact contained in this press release are forward-looking statements, including statements regarding the anticipated timing and occurrence of the Company's Interim Chief Executive Officer and Chief Operating Officer's appearance on FOX Business Network; the topics expected to be discussed during the interview; the MAP-POD project, including the outcome of U.S. Department of Energy (“DOE”) award negotiations, the timing, scope and funding of the project and the Company's anticipated role in it; the capabilities and anticipated benefits of ExynAI; the potential applications and commercial opportunities for ExynAI across mining, defense, national security, critical infrastructure, industrial and other markets; and the Company's strategy to expand its autonomous AI technology into additional commercial and government applications.
These forward-looking statements are based on current expectations, estimates, projections, assumptions and beliefs of the Company's management. Forward-looking statements are inherently subject to known and unknown risks, uncertainties and other important factors that may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements. These risks and uncertainties include, among others, changes to the timing, format or occurrence of the scheduled FOX Business Network interview; the Company's ability to continue as a going concern and raise substantial additional funds in the future; whether DOE completes award negotiations and the final scope, funding and timing of the MAP-POD project; government funding priorities, budgets and procurement processes; Exyn's ability to successfully commercialize and deploy ExynAI across new applications and third-party platforms; customer and partner adoption of autonomous robotics and ExynAI; industrial, government and defense customer purchasing decisions; competition, technological change, supply chain, manufacturing, regulatory, export-control and government-contracting risks; and the other risks and uncertainties described in the Company's filings with the U.S. Securities and Exchange Commission. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.
Investor Contact
Crescendo Communications, LLC
exyn@crescendo-ir.com
(212) 671-1020
FAQ
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What is Exyn’s role in the DOE-selected MAP-POD project?
Exyn is expected to contribute ExynAI-powered near-zero drift navigation for ground vehicle autonomy. It participates as part of the national laboratory-led team supporting the Mining Autonomous Platform for Prospecting and Ore Discovery project.