With the launch of its autonomous vehicle
consultancy, Cyngn enables OEMs and other industrial organizations
to spearhead new autonomous vehicle developments and
deployments.
MENLO
PARK, Calif., Oct. 12,
2023 /PRNewswire/ -- Cyngn, (the "Company" or
"Cyngn") (Nasdaq: CYN), a developer of AI-powered autonomous
driving solutions for industrial applications, is excited to
announce the expansion of its offerings with the introduction of
expert Autonomous Vehicle (AV) Consultancy Services. With this new
initiative, Cyngn is committed to partnering with businesses in the
manufacturing and logistics sectors, helping them to plan
autonomous vehicles solutions that yield more successful AV
deployment and development projects.
So far, several companies have benefited from Cyngn's AV
expertise, including companies from the Fortune Global 500. This
program has already led to cutting-edge AV development projects in
manufacturing and mining. This year, the company announced two
successfully completed projects: one with Arauco, the global wood
supplier, and one with a global OEM in the mining industry.
"Many business leaders come to us with ideas of vehicles or
workflows they would like to automate," said Cyngn CEO,
Lior Tal. "This service enables our
expertise to begin generating insight and value to our customers
even before we deploy autonomous vehicles in production, which
ultimately forges stronger working relationships. We also expose
ourselves to valuable market data that informs our own strategic
initiatives. For example, our successful autonomous forklift
project established world-class partners in Arauco and BYD. We've
started to commercialize the autonomous forklift and are now
accepting pre-orders."
Cyngn's autonomous vehicle consultancy service expands upon its
suite of industrial AV products and reinforces its core belief that
without automation, businesses will struggle to remain competitive.
By focusing on surfacing details that deliver the most significant
impact to efficiency and safety, Cyngn helps to illuminate the
value and plan for AV adoption.
Clients working with Cyngn's seasoned experts can look forward
to:
- Streamlined Operations: Cyngn optimizes workflows, enhancing
productivity.
- Enhanced Worker Satisfaction: Improved employee experiences
result in greater productivity.
- Technology Insights: Stay at the forefront of automation with
expert guidance on the optimal solutions for a given use case from
sensors to AI to computer vision.
- Quantifiable Benefits: Identify and measure advantages that
enhance profitability.
- Informed Decision-Making: Gain insights to make well-informed
choices about autonomy, maximizing returns on investment.
To learn more about Cyngn's consultancy services and discover
how autonomy can enhance your business operations, visit
cyngn.com/automation-and-autonomy-consulting. Join us in
revolutionizing the future of automation and unlocking new
possibilities for growth.
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/Media Contact:
Bill
Ong, bill@cyngn.com
650-204-1551
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SOURCE Cyngn