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0.00787401574803157 0.0101237345331833 0.0202474690663667 -0.00899887514060737 0.0303712035995501 0.0269966254218223 0.00449943757030369 0.0112485939257593
Stock impact report

Cyngn Reports First Quarter 2024 Financial Results [Yahoo! Finance]

Cyngn Inc. (CYN) 
Company Research Source: Yahoo! Finance
Recent Operating Highlights: Joined John Deere supply base Completed initial DriveMod Tugger deployment with Rivian Received a notice of allowance for a 20th U.S. patent , with 19 U.S. patents granted to-date RobotLAB joined the Cyngn Distributor Network , establishing an initial fleet for sale to end customers Released first video footage of AI-powered autonomous DriveMod Tugger by Motrec Renewed deployment contract with U.S. Continental ; 4x gains in efficiency achieved Released automatic unhitching capabilities for industrial autonomous vehicles Announced that the next-gen DriveMod Kit will harness Nvidia AI computers "During the first quarter, we continued the momentum we made during 2023, marked by rapid strides toward broad commercialization," said Lior Tal , Cyngn's CEO. "Our success is bolstered by the strength of our ecosystem partners, particularly with MCL Industries who is positioned to build DriveMod Kits at scale, and Motrec as an OEM partner with a lo Show less Read more
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