Welcome to our dedicated page for Cyngn news (Ticker: $CYN), a resource for investors and traders seeking the latest updates and insights on Cyngn stock.
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. receives a Notice of Allowance for its 20th U.S. patent, 17/812,072, for AI-Powered Autonomous Vehicle Solutions. The patent covers the generation of a compensated environmental model to address challenges in sensor data collection. This marks a step forward in Cyngn's patent application process, strengthening its intellectual property portfolio.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.88%
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Cyngn Inc. (Nasdaq: CYN) will have its Vice President of Business Development present at the AI & Technology Hybrid Virtual Investor Conference. The event will be live on April 11th, 2024, allowing investors to interact and ask questions in real-time. Attendees can pre-register and access the archived webcast if unable to join live.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.89%
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Rhea-AI Summary
Cyngn Inc. announced its initial deployment with Polaris Inc., a Fortune 500 industry leader in powersports, showcasing a significant opportunity for automation in vehicle manufacturing. The deployment of DriveMod Tugger at Polaris' facility in Alabama marks a milestone in Cyngn's traction in the automotive sector.
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Rhea-AI Sentiment
End-of-Day
-2.04%
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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.
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Rhea-AI Sentiment
End-of-Day
3.97%
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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%
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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.
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Rhea-AI Sentiment
End-of-Day
1.63%
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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.
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Rhea-AI Sentiment
End-of-Day
-13.46%
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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.
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Rhea-AI Sentiment
End-of-Day
-1.37%
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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.
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Rhea-AI Sentiment
End-of-Day
-8.78%
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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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Cyngn Inc.
Nasdaq:CYN
CYN Rankings
CYN Stock Data
18.64M
66.23M
0.94%
31.68%
2.6%
Custom Computer Programming Services
Professional, Scientific, and Technical Services
United States of America
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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.