Kennedy Robotics AI Joins Cyngn's Dealer Network and Will Begin Selling DriveMod Tuggers
Cyngn Inc. (Nasdaq: CYN) has expanded its dealer network by adding Kennedy Robotics AI, which will sell Cyngn's autonomous DriveMod Tugger. The DriveMod Tugger combines Cyngn's AV technology with Motrec's MT-160 vehicle, featuring 360-degree perception for enhanced safety. This expansion follows recent partnerships with RobotLab, which has over 10,000 robots deployed, and Alta Equipment Group, which generates more than $1 billion in annual sales. Kennedy Robotics AI brings 35 years of expertise in textile manufacturing, industrial cutting and sewing, and automotive industries.
Cyngn Inc. (Nasdaq: CYN) ha ampliato la sua rete di concessionari aggiungendo Kennedy Robotics AI, che venderà il DriveMod Tugger autonomo di Cyngn. Il DriveMod Tugger combina la tecnologia AV di Cyngn con il veicolo MT-160 di Motrec, dotato di percezione a 360 gradi per una maggiore sicurezza. Questa espansione segue recenti collaborazioni con RobotLab, che ha oltre 10.000 robot distribuiti, e Alta Equipment Group, che genera oltre 1 miliardo di dollari di vendite annuali. Kennedy Robotics AI porta 35 anni di esperienza nella produzione tessile, nel taglio e cucito industriale e nell'industria automobilistica.
Cyngn Inc. (Nasdaq: CYN) ha ampliado su red de concesionarios al añadir Kennedy Robotics AI, que venderá el DriveMod Tugger autónomo de Cyngn. El DriveMod Tugger combina la tecnología AV de Cyngn con el vehículo MT-160 de Motrec, que presenta percepción de 360 grados para una mayor seguridad. Esta expansión sigue a asociaciones recientes con RobotLab, que cuenta con más de 10,000 robots implementados, y Alta Equipment Group, que genera más de 1,000 millones de dólares en ventas anuales. Kennedy Robotics AI aporta 35 años de experiencia en la fabricación textil, el corte y la confección industrial, y la industria automotriz.
Cyngn Inc. (Nasdaq: CYN)는 Kennedy Robotics AI를 추가하여 딜러 네트워크를 확장했습니다. Kennedy Robotics AI는 Cyngn의 자율 DriveMod Tugger를 판매할 것입니다. DriveMod Tugger는 Cyngn의 AV 기술과 Motrec의 MT-160 차량을 결합하여 안전성을 향상하는 360도 인식을 제공합니다. 이번 확대는 10,000개 이상의 로봇을 배치한 RobotLab 및 연간 10억 달러 이상의 매출을 올리는 Alta Equipment Group과의 최근 파트너십에 따른 것입니다. Kennedy Robotics AI는 섬유 제조, 산업 재단 및 재봉, 자동차 산업에서 35년의 전문성을 갖추고 있습니다.
Cyngn Inc. (Nasdaq: CYN) a élargi son réseau de distributeurs en ajoutant Kennedy Robotics AI, qui vendra le DriveMod Tugger autonome de Cyngn. Le DriveMod Tugger combine la technologie AV de Cyngn avec le véhicule MT-160 de Motrec, offrant une perception à 360 degrés pour une sécurité accrue. Cette expansion fait suite à de récentes collaborations avec RobotLab, qui compte plus de 10 000 robots déployés, et Alta Equipment Group, qui génère plus d'un milliard de dollars de ventes annuelles. Kennedy Robotics AI apporte 35 ans d'expertise dans la fabrication textile, la coupe et la couture industrielle, ainsi que dans l'industrie automobile.
Cyngn Inc. (Nasdaq: CYN) hat sein Händlernetzwerk erweitert, indem es Kennedy Robotics AI hinzugefügt hat, das den autonomen DriveMod Tugger von Cyngn verkaufen wird. Der DriveMod Tugger kombiniert die AV-Technologie von Cyngn mit dem Fahrzeug MT-160 von Motrec und bietet eine 360-Grad-Wahrnehmung für erhöhte Sicherheit. Diese Erweiterung folgt auf kürzliche Partnerschaften mit RobotLab, das über 10.000 Roboter im Einsatz hat, und Alta Equipment Group, die einen Jahresumsatz von über 1 Milliarde Dollar generiert. Kennedy Robotics AI bringt 35 Jahre Erfahrung in der Textilherstellung, der industriellen Schneid- und Nähtechnik sowie in der Automobilindustrie mit.
- Expansion of dealer network with addition of Kennedy Robotics AI
- Recent partnerships with major players: RobotLab (10,000+ robots) and Alta Equipment Group ($1B+ annual sales)
- Strategic entry into textile manufacturing and automotive industries through Kennedy Robotics' expertise
- None.
Insights
The expansion of Cyngn's dealer network with Kennedy Robotics AI represents incremental progress but lacks immediate financial impact metrics. While joining established partners like Alta Equipment Group (
The DriveMod Tugger integration with Motrec's MT-160 vehicle demonstrates product development progress, but without pricing, order volumes, or revenue projections, the financial impact is difficult to quantify. This dealer network expansion follows a strategic pattern of growth but requires more concrete sales data to assess its true market impact.
"We are excited to welcome Kennedy Robotics AI to our growing dealer network, bringing the DriveMod Tugger to even more businesses seeking reliable, safe, and innovative AV solutions," said Cyngn CEO, Lior Tal.
"Safety is fundamental to every product we build at Cyngn, which is reflected in the rigorously engineered design of our autonomous technology stack. As we tap into new markets with each partnership, we remain committed to upholding these high performance standards through capabilities like 360-degree perception, designed to safeguard employees and minimize the risk of costly incidents."
This announcement comes on the heels of two recent dealer network expansions: the addition of RobotLab, a robotics company with over 10,000 robots deployed, and Alta Equipment Group, which boasts more than
"With our 35 years of expertise in textile manufacturing, industrial cutting and sewing, and automotive industries, we're excited to harness the tremendous opportunities presented by Cyngn's DriveMod solution in meeting the growing demand for advanced, safe robotic solutions," said Kevin Kennedy, Founder of Kennedy Robotics AI.
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: https://cyngn.com
- Twitter: http://twitter.com/cyngn
- LinkedIn: https://www.linkedin.com/company/cyngn
- YouTube: https://www.youtube.com/@cyngnhq
Investor Contact:
Don Alvarez
investors@cyngn.com
Media Contact:
Luke Renner
media@cyngn.com
About Kennedy Robotics AI, LLC.
KENNEDY ROBOTICS AI, LLC was established in 2024 as our Autonomous Robotics Solutions division of KENNEDY SEWING and CUTTING SUPPLY, LLC. They are introducing and deploying Autonomous Robotic Solutions in Industry 4.0. Welcome to Industry 4.0, creating a harmonious collaboration between humans and robots. Through their close collaboration with their robotics partners and their strategic partner integrators, they are preparing you and your team for a bright and promising future in Industry 5.0.
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 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.
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SOURCE Cyngn
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