Cyngn Secures its 21st U.S. Patent: System and Methods of Adaptive Object-based Decision Making for Autonomous Driving
Cyngn Inc. (Nasdaq: CYN) has been granted its 21st U.S. patent, enhancing its autonomous vehicle (AV) technology. The new patent, numbered 12,039,867, introduces a method to improve AV performance in real-world environments. It enables AVs to detect objects and make informed decisions on interacting with them safely, while integrating specific driving rules with broader traffic regulations.
Since August 2023, Cyngn has secured eleven additional patents, bringing its total to 21. This latest patent is part of Cyngn's intellectual property strategy, following the recent announcement of its 20th patent. The company's CEO, Lior Tal, expressed satisfaction with the team's advancements and innovation speed, highlighting that these patents form the cornerstone of Cyngn's growth strategy.
Cyngn Inc. (Nasdaq: CYN) ha ottenuto il suo 21° brevetto statunitense, migliorando la sua tecnologia per veicoli autonomi (AV). Il nuovo brevetto, numero 12,039,867, introduce un metodo per migliorare le prestazioni degli AV in ambienti reali. Permette agli AV di rilevare oggetti e prendere decisioni informate su come interagire con essi in sicurezza, integrando regole stradali specifiche con le normative di traffico più ampie.
Da agosto 2023, Cyngn ha ottenuto altri undici brevetti, portando il totale a 21. Questo ultimo brevetto fa parte della strategia di proprietà intellettuale di Cyngn, dopo l'annuncio recente del suo 20° brevetto. L'amministratore delegato dell'azienda, Lior Tal, ha espresso soddisfazione per i progressi e la velocità di innovazione del team, sottolineando che questi brevetti costituiscono la base della strategia di crescita di Cyngn.
Cyngn Inc. (Nasdaq: CYN) ha recibido su 21° patente estadounidense, mejorando su tecnología de vehículos autónomos (AV). La nueva patente, número 12,039,867, introduce un método para mejorar el rendimiento de los AV en entornos del mundo real. Permite a los AV detectar objetos y tomar decisiones informadas sobre cómo interactuar con ellos de manera segura, integrando reglas de conducción específicas con normativas de tráfico más amplias.
Desde agosto de 2023, Cyngn ha asegurado once patentes adicionales, llevando su total a 21. Esta última patente forma parte de la estrategia de propiedad intelectual de Cyngn, tras el anuncio reciente de su 20° patente. El CEO de la compañía, Lior Tal, expresó su satisfacción con los avances del equipo y la velocidad de innovación, destacando que estas patentes son la base de la estrategia de crecimiento de Cyngn.
Cyngn Inc. (Nasdaq: CYN)는 자율주행차(AV) 기술을 강화하는 21번째 미국 특허를 받았습니다. 새로운 특허, 번호 12,039,867은 실제 환경에서 AV 성능을 개선하는 방법을 소개합니다. 이 특허는 AV가 물체를 감지하고 안전하게 상호 작용할 수 있는 정보에 입각한 결정을 내리는 능력을 강화하며, 특정 운전 규칙을 더 넓은 교통 규정과 통합할 수 있게 합니다.
2023년 8월 이후, Cyngn은 추가로 열한 개의 특허를 확보하여 총 21개로 증가했습니다. 이 최신 특허는 Cyngn의 지적 재산 전략의 일환으로, 최근 20번째 특허 발표 이후에 이루어진 것입니다. 회사의 CEO인 Lior Tal은 팀의 발전과 혁신 속도에 대한 만족감을 표시하며, 이러한 특허가 Cyngn의 성장 전략의 초석이 된다고 강조했습니다.
Cyngn Inc. (Nasdaq: CYN) a obtenu son 21e brevet américain, améliorant ainsi sa technologie de véhicule autonome (AV). Le nouveau brevet, numéro 12,039,867, introduit une méthode pour améliorer les performances des AV dans des environnements réels. Il permet aux AV de détecter des objets et de prendre des décisions éclairées sur la manière d'interagir avec eux en toute sécurité, tout en intégrant des règles de conduite spécifiques aux réglementations plus larges en matière de circulation.
Depuis août 2023, Cyngn a sécurisé onze brevets supplémentaires, portant son total à 21. Ce dernier brevet fait partie de la stratégie de propriété intellectuelle de Cyngn, suite à l'annonce récente de son 20e brevet. Le PDG de l'entreprise, Lior Tal, a exprimé sa satisfaction concernant les avancées de l'équipe et la vitesse d'innovation, soulignant que ces brevets constituent la pierre angulaire de la stratégie de croissance de Cyngn.
Cyngn Inc. (Nasdaq: CYN) hat ein 21. US-Patent erhalten, das seine Technologie für autonome Fahrzeuge (AV) verbessert. Das neue Patent mit der Nummer 12,039,867 führt ein Verfahren zur Verbesserung der AV-Leistung in realen Umgebungen ein. Es ermöglicht AVs, Objekte zu erkennen und fundierte Entscheidungen darüber zu treffen, wie sie sicher mit diesen interagieren, und integriert spezifische Fahrregeln mit den umfassenderen Verkehrsvorschriften.
Seit August 2023 hat Cyngn elf weitere Patente gesichert, wodurch sich die Gesamtzahl auf 21 erhöht. Dieses neueste Patent ist Teil der Strategie von Cyngn zur geistigen Eigentum, nach der kürzlichen Ankündigung des 20. Patents. Der CEO des Unternehmens, Lior Tal, äußerte sich zufrieden über die Fortschritte und die Innovationsgeschwindigkeit des Teams und betonte, dass diese Patente das Fundament der Wachstumsstrategie von Cyngn bilden.
- Granted 21st U.S. patent, enhancing autonomous vehicle decision-making capabilities
- Secured 11 additional patents since August 2023, demonstrating rapid innovation
- New patent improves AV performance in real-world environments
- Patent integrates specific driving rules with broader traffic regulations for safer AV operation
- None.
Insights
Cyngn's 21st patent demonstrates significant progress in autonomous vehicle (AV) technology. The new patent focuses on enhancing AVs' decision-making capabilities, particularly in complex real-world scenarios. This advancement allows AVs to not only detect objects but also make informed decisions about how to interact with them safely.
Key points:
- Improved object interaction: AVs can now better navigate around obstacles like slow-moving barriers and cyclists.
- Integration of specific rules with traffic laws: This ensures both safety and legal compliance.
- Rapid innovation:
37.5% increase in patents since August 2023, from 16 to 21.
For investors, this patent strengthens Cyngn's competitive position in the AV market. The company's growing patent portfolio (21 U.S. patents) reflects its commitment to innovation and could lead to increased licensing opportunities or partnerships in the future. However, the impact on immediate revenue or market share remains to be seen, as commercialization of these technologies is still in progress.
Cyngn's latest patent issuance signals continued momentum in their R&D efforts, but investors should consider the broader context:
- Market position: With a market cap of
$8,004,805 , Cyngn is still a small player in the highly competitive AV industry. - Commercialization challenges: Despite the impressive patent portfolio, the path from innovation to profitable products can be long and uncertain in the AV sector.
- Potential partnerships: The growing IP portfolio could attract interest from larger automotive or tech companies looking to enhance their AV capabilities.
- Investor sentiment: While patents are valuable, the market often prioritizes revenue growth and profitability, which aren't addressed in this news.
The patent's focus on real-world decision-making and safety compliance aligns with key industry priorities, potentially positioning Cyngn favorably as AV regulations evolve. However, investors should closely monitor the company's ability to translate these patents into marketable products or licensing agreements to drive revenue growth.
Since August 2023, Cyngn has been granted eleven additional patents, bringing the total
This patent introduces a method to enhance the performance of autonomous vehicles (AVs) in real-world environments. AVs use sensors to scan and interpret their surroundings, identifying nearby objects with precision. This method enables AVs to not only detect these objects but also make informed decisions on interacting with them safely, such as navigating around slow-moving barriers, cyclists, and blind spots near large vehicles.
Moreover, the patent outlines a system that integrates these specific driving rules with broader traffic regulations, ensuring that AVs not only navigate safely but also comply with legal requirements on the road. By combining detailed object-specific rules with general traffic laws, this innovation aims to improve the overall safety and efficiency of autonomous driving technology.
"I am pleased with the impressive advancements and speed of innovation our technology team has demonstrated, as this latest patent brings our total number of
The grant of this patent marks a significant milestone in Cyngn's intellectual property strategy, further bolstering its position in the AV industry. This success follows Cyngn's recent patent issuance announcement of its 20th patent.
Cyngn provides its customers a seamless way to adopt self-driving technology into their operations without high upfront costs.
Previous patents include:
Patent Number | Title | Publication Date | |
21. | US-12,039,867-B2 | ADAPTIVE OBJECT-BASED DECISION-MAKING SYSTEM | 7/16/2024 |
20. | US-12,032,099-B2 | ADAPTIVE MOTION COMPENSATION OF PERCEPTION CHANNELS | 7/09/2024 |
19. | US-11,851,074-B2 | SYSTEM AND METHODS OF LARGE-SCALE AUTONOMOUS DRIVING VALIDATION | 12/26/2023 |
18. | US-11,837,090-B2 | SYSTEM AND METHODS OF ADAPTIVE TRAFFIC RULE-BASED DECISION MAKING FOR AUTONOMOUS DRIVING | 12/5/2023 |
17. | US-11,837,089-B2 | MODULAR EXTENSIBLE BEHAVIORAL DECISION SYSTEM FOR AUTONOMOUS DRIVING | 12/5/2023 |
16. | US-11,767,034-B2 | SYSTEM AND METHOD OF COMPUTATION ACCELERATION FOR AUTONOMOUS DRIVING SYSTEMS | 9/26/2023 |
15. | US-11,760,368-B2 | SYSTEM AND METHOD OF SAME-LOOP ADAPTIVE SIMULATION FOR AUTONOMOUS DRIVING | 9/19/2023 |
14. | US-11,747,454-B2 | GRANULARITY-FLEXIBLE EXISTENCE-BASED OBJECT DETECTION | 9/5/2023 |
13. | US-11,745,762-B2 | SYSTEM AND METHODS OF ADAPTIVE TRAJECTORY PREDICTION FOR AUTONOMOUS DRIVING | 9/5/2023 |
12. | US-11,745,747-B2 | SYSTEM AND METHOD OF ADAPTIVE DISTRIBUTION OF AUTONOMOUS DRIVING COMPUTATIONS | 9/5/2023 |
11. | US-11,745,750-B2 | SYSTEM AND METHOD OF LARGE-SCALE AUTOMATIC GRADING IN AUTONOMOUS DRIVING USING A DOMAIN-SPECIFIC LANGUAGE | 9/5/2023 |
10. | US-11,679,726-B2 | VEHICLE SENSOR SYSTEMS | 6/20/2023 |
9. | US-11,673,577-B2 | SYSTEM AND METHODS OF ADAPTIVE RELEVANCY PREDICTION FOR AUTONOMOUS DRIVING | 6/13/2023 |
8. | US-11,668,833-B2 | OBSTACLE DETECTION SYSTEMS | 6/6/2023 |
7. | US-11,651,583-B2 | MULTI-CHANNEL OBJECT MATCHING | 5/16/2023 |
6. | US-11,614,527-B2 | SELF-ADAPTIVE LIDAR-CAMERA SYNCHRONIZATION SYSTEM | 3/28/2023 |
5. | US-11,592,565-B2 | FLEXIBLE MULTI-CHANNEL FUSION PERCEPTION | 2/28/2023 |
4. | US-11,555,928-B2 | THREE-DIMENSIONAL OBJECT DETECTION WITH GROUND REMOVAL INTELLIGENCE | 1/17/2023 |
3. | US-11,372,115-B2 | VEHICLE LOCALIZATION | 6/28/2022 |
2. | US-11,186,234-B2 | VEHICLE SENSOR SYSTEMS | 11/30/2021 |
1. | US-11,169,271-B2 | OBSTACLE DETECTION SYSTEMS | 11/9/2021 |
For a comprehensive view of Cyngn's patents focused on modularity and flexibility of autonomous vehicle systems with multiple sensor modalities and configurations, please visit the USPTO.
About Cyngn. Cyngn develops and deploys scalable, differentiated autonomous vehicle technology for industrial organizations. Cyngn's self-driving solutions allow existing workforces to increase productivity and efficiency. The Company addresses significant challenges facing industrial organizations today, such as labor shortages, costly safety incidents, and increased consumer demand for eCommerce.
Cyngn's DriveMod Kit can be installed on new industrial vehicles at end of line or via retrofit, empowering customers to seamlessly adopt self-driving technology into their operations without high upfront costs or the need to completely replace existing vehicle investments.
Cyngn's flagship product, its Enterprise Autonomy Suite, includes DriveMod (autonomous vehicle system), Cyngn Insight (customer-facing suite of AV fleet management, teleoperation, and analytics tools), and Cyngn Evolve (internal toolkit that enables Cyngn to leverage data from the field for artificial intelligence, simulation, and modeling).
Find Cyngn on:
- Website: cyngn.com
- Twitter: twitter.com/cyngn
- LinkedIn: https://www.linkedin.com/company/cyngn
- YouTube: https://www.youtube.com/@cyngnhq
Investor Contact:
Don Alvarez, CFO
investors@cyngn.com
Media Contact:
Luke Renner, Head of Marketing
media@cyngn.com
FORWARD-LOOKING STATEMENTS:
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act and other securities laws. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates" and similar expressions or variations of such words are intended to identify forward-looking statements. Forward-looking statements are not historical facts, and are based upon management's current expectations, beliefs and projections, many of which, by their nature, are inherently uncertain. Such expectations, beliefs and projections are expressed in good faith. However, there can be no assurance that management's expectations, beliefs and projections will be achieved, and actual results may differ materially from what is expressed in or indicated by the forward-looking statements. Forward-looking statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the forward-looking statements, including the risk factors described from time to time in the Company's reports to the SEC, including, without limitation the risk factors discussed in the Company's annual report on Form 10-K filed with the SEC on March 7, 2024. 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. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Cyngn is not responsible for the contents of third-party websites.
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SOURCE Cyngn
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