- Cyngn will be exhibiting at booth A13913, located in the
Transportation and Logistics Solution Center in Hall A.
MENLO
PARK, Calif., Feb. 29,
2024 /PRNewswire/ -- Cyngn (Nasdaq: CYN) will
attend MODEX 2024 with Motrec International Inc. on
March 11 to 14, 2024, in Atlanta, Georgia. Cyngn is thrilled to offer a
sneak peek into its latest innovation at MODEX 2024: the DriveMod
Tugger. For the very first time, Cyngn will debut its
fully-autonomous DriveMod-enabled MT-160 tow tractor from
Motrec in its booth (A13913), located in the Transportation and
Logistics Solution Center in Hall A of Atlanta's Georgia World Congress Center.
"Manufacturing and supply chain operations are rapidly evolving,
emphasizing the heightened importance of staying at the forefront
of innovation in today's dynamic landscape," said Lior Tal, the Chairman and Chief Executive
Officer of Cyngn. "That's why we are excited to exhibit with our
partners at Motrec to show visitors how our DriveMod Tugger,
designed for efficient and safe heavy-load towing, offers
organizations a clear path to enhance efficiency, agility, and
supply chain resiliency within their operations. This positions us
as a valuable partner for the manufacturing and supply chain
decision-makers at this event."
Cyngn's DriveMod Tugger aims to improve goods
transportation cost-effectively and safely. Equipped with automatic
unhitching capabilities, it boasts an impressive towing capacity of
over 6,000 pounds and a 54-inch turning radius.
Recognized as one of the largest premier material handling trade
shows, MODEX draws over 45,000 professionals from the
manufacturing, supply chain, and transportation sectors, bringing
together the entire industry to provide end-to-end solutions for
operations.
If you'd like to meet with Cyngn while at MODEX 2024, visit
https://www.cyngn.com/contact.
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: https://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
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 SEC, including,
without limitation the risk factors discussed in the Company's
annual report on Form 10-K filed with the SEC on March 17, 2023. 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