• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
PublishDashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees
    Legal
    Terms of usePrivacy policyCookie policy

    Cyngn Receives Notice of Allowance for 23rd U.S. Patent for its AI-Powered Autonomous Vehicle Technologies

    5/28/25 7:00:00 AM ET
    $CYN
    EDP Services
    Technology
    Get the next $CYN alert in real time by email

    Cyngn announces the notice of allowance for a new patent related to the Company's autonomous vehicle (AV) solutions.

    MENLO PARK, Calif., May 28, 2025 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (NASDAQ:CYN) announced the notice of allowance for a new patent related to the Company's innovative autonomous vehicle (AV) solutions.

    Cyngn Receives Notice of Allowance for 23rd U.S. Patent for its AI-Powered Autonomous Vehicle Technologies.

    The patent, Modular Sensor System For Automated Guided Vehicles, introduces a modular sensor system that is configured to be coupled to existing industrial machines while making few, if any, modifications to the industrial machine. The significance of this patent lies in the adjustability of the modular sensor system that may be used with different industrial machines having varied geometries and/or operation constraints.

    "Our expanding patent portfolio reinforces Cyngn's position as a technology leader," said Lior Tal, CEO of Cyngn. "We were previously granted sixteen patents in 2023 and two in 2024, bringing us to a total of 22 granted patents — a reflection of the strength of our long-term R&D and our focus on advancing autonomous capabilities. By securing IP in key areas like perception, navigation, and mapping over the past few years, we've built a strong technical foundation. Innovation and IP protection go hand in hand as we scale our DriveMod solution, and these patents enable long-term technological and commercial differentiation."

    A Notice of Allowance marks a key step forward in the patent application process. Upon completion, the patent will add to Cyngn's growing IP portfolio and further strengthen its position in the sector. This milestone builds on recent momentum, including the granting of the Company's 22nd patent in April and its 21st patent in October.

    Cyngn's patent family is comprised of the following published patents:



    Patent Number

    Title

    Publication Date

    22.

    US-12,246,733-B2

    SYSTEM AND METHOD OF OFF-BOARD

    CENTRIC AUTONOMOUS DRIVING COMPUTATION

    3/11/2025









    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 autonomous vehicle technology for industrial organizations like manufacturers and logistics companies. The Company addresses significant challenges facing industrial organizations today, such as labor shortages and costly safety incidents.

    Cyngn's DriveMod technology empowers customers to seamlessly bring self-driving technology to their operations without high upfront costs or infrastructure installations. DriveMod is currently available on Motrec MT160 Tuggers and BYD Forklifts.

    The DriveMod Tugger hauls up to 12,000 lbs, travels inside and out, and targets a typical payback period of less than 2 years. The DriveMod Forklift lifts heavy loads that use non-standard pallets and is currently available to select customers. For all terms referenced within, please refer to the Company's annual report on Form 10-K with the SEC filed on March 6, 2025.

    Investor Contact

    [email protected]

    Media Contact

    Luke Renner | Head of Marketing

    [email protected] 

    Find Cyngn on:

    • Website: https://cyngn.com
    • X: https://x.com/cyngn
    • LinkedIn: https://www.linkedin.com/company/cyngn
    • YouTube: https://www.youtube.com/@cyngnhq

    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 6, 2025. 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.

     

    Cyngn Logo (PRNewsfoto/Cyngn)

    Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/cyngn-receives-notice-of-allowance-for-23rd-us-patent-for-its-ai-powered-autonomous-vehicle-technologies-302466711.html

    SOURCE Cyngn

    Get the next $CYN alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $CYN

    DatePrice TargetRatingAnalyst
    11/16/2021$13.00Buy
    Aegis Capital
    More analyst ratings

    $CYN
    SEC Filings

    See more
    • Amendment: SEC Form SCHEDULE 13G/A filed by Cyngn Inc.

      SCHEDULE 13G/A - Cyngn Inc. (0001874097) (Subject)

      5/15/25 4:34:55 PM ET
      $CYN
      EDP Services
      Technology
    • Amendment: SEC Form SCHEDULE 13G/A filed by Cyngn Inc.

      SCHEDULE 13G/A - Cyngn Inc. (0001874097) (Subject)

      5/14/25 8:58:09 PM ET
      $CYN
      EDP Services
      Technology
    • SEC Form 10-Q filed by Cyngn Inc.

      10-Q - Cyngn Inc. (0001874097) (Filer)

      5/8/25 4:31:03 PM ET
      $CYN
      EDP Services
      Technology

    $CYN
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Aegis Capital initiated coverage on Cyngn with a new price target

      Aegis Capital initiated coverage of Cyngn with a rating of Buy and set a new price target of $13.00

      11/16/21 9:25:59 AM ET
      $CYN
      EDP Services
      Technology

    $CYN
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Cyngn Launches Dealer Portal to Facilitate the Scaled Expansion of Its Dealer Network

      MENLO PARK, Calif., June 2, 2025 /PRNewswire/ -- Cyngn (the "Company" or "Cyngn") (NASDAQ:CYN) today announced the launch of the Cyngn Dealer Portal, an online resource hub created to support its growing dealer network. The portal provides easy access to a comprehensive suite of Cyngn assets, including sales materials, detailed pricing information, and co-marketing resources. This new tool will allow dealers to effectively present Cyngn's autonomous solutions to their customers, increasing efficiency and facilitating faster sales cycles. "In the last several months, several Mo

      6/2/25 7:00:00 AM ET
      $CYN
      EDP Services
      Technology
    • Cyngn Receives Notice of Allowance for 23rd U.S. Patent for its AI-Powered Autonomous Vehicle Technologies

      Cyngn announces the notice of allowance for a new patent related to the Company's autonomous vehicle (AV) solutions. MENLO PARK, Calif., May 28, 2025 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (NASDAQ:CYN) announced the notice of allowance for a new patent related to the Company's innovative autonomous vehicle (AV) solutions. The patent, Modular Sensor System For Automated Guided Vehicles, introduces a modular sensor system that is configured to be coupled to existing industrial machines while making few, if any, modifications to the industrial machine. The signific

      5/28/25 7:00:00 AM ET
      $CYN
      EDP Services
      Technology
    • Cyngn Reports 2025 First Quarter Financial Results

       Recent Operating Highlights: Continued momentum in the automotive sector, reaching a milestone of executing successful DriveMod Tugger deployments at various stages with five major automotive OEMs and Tier-1 suppliers across the U.S. and Mexico.Signed a contract to deploy a DriveMod Tugger at a global Fortune 500 automotive supplier.Secured its 22nd U.S. patent for AI-powered autonomous vehicle technologies.Cyngn received approximately $308k of new bookings for DriveMod vehicles from direct sales during Q1 2025.MENLO PARK, Calif., May 7, 2025 /PRNewswire/ -- Cyngn Inc. (NASDAQ:CYN) today announced financial results for its first quarter, which ended March 31, 2025.

      5/7/25 4:05:00 PM ET
      $CYN
      EDP Services
      Technology

    $CYN
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Amendment: SEC Form SC 13G/A filed by Cyngn Inc.

      SC 13G/A - Cyngn Inc. (0001874097) (Subject)

      11/13/24 4:16:57 PM ET
      $CYN
      EDP Services
      Technology
    • SEC Form SC 13G/A filed by Cyngn Inc. (Amendment)

      SC 13G/A - Cyngn Inc. (0001874097) (Subject)

      2/14/24 4:17:53 PM ET
      $CYN
      EDP Services
      Technology
    • SEC Form SC 13G/A filed by Cyngn Inc. (Amendment)

      SC 13G/A - Cyngn Inc. (0001874097) (Subject)

      2/13/24 4:46:55 PM ET
      $CYN
      EDP Services
      Technology

    $CYN
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • SEC Form 3 filed by new insider Russell Natalie Marie

      3 - Cyngn Inc. (0001874097) (Issuer)

      5/15/25 9:00:05 PM ET
      $CYN
      EDP Services
      Technology
    • SEC Form 3 filed by new insider Petraitis Martin Steven

      3 - Cyngn Inc. (0001874097) (Issuer)

      5/15/25 9:00:06 PM ET
      $CYN
      EDP Services
      Technology
    • Mcdonnell James was granted 72,000 shares, increasing direct ownership by 61% to 189,522 units (SEC Form 4)

      4 - Cyngn Inc. (0001874097) (Issuer)

      5/3/24 6:00:15 PM ET
      $CYN
      EDP Services
      Technology

    $CYN
    Leadership Updates

    Live Leadership Updates

    See more

    $CYN
    Financials

    Live finance-specific insights

    See more
    • Cyngn Announces Raymond West, a Leading Dealer with $800M+ in Annual Sales, Will Begin Selling DriveMod Tuggers

      MENLO PARK, Calif., Oct. 15, 2024 /PRNewswire/ -- Cyngn Inc. (NASDAQ:CYN) today announced the expansion of its dealer network to include Raymond West. A leading distributor and integrator of intralogistics solutions, Raymond West will begin selling Cyngn's autonomous DriveMod Tugger. The autonomous tugger integrates Cyngn's AV technology with Motrec's MT-160. "With 21 branches across the West Coast, Raymond West is an impressive company. It boasts more than $800 million in annual revenue — and we are excited to be able to add Cyngn's autonomous vehicles to their catalog," said

      10/15/24 7:05:00 AM ET
      $CYN
      EDP Services
      Technology
    • With more than $1bn in annual sales, Alta Equipment Group joins Cyngn's Dealer Network

      MENLO PARK, Calif., July 11, 2024 /PRNewswire/ -- Cyngn Inc. (NASDAQ:CYN) today announced the expansion of its dealer network to include Alta Equipment Group. The purveyor of both construction and material handling equipment will begin selling Cyngn's autonomous DriveMod Tugger. The DriveMod Tugger bundles Cyngn's autonomous vehicle technology with Motrec's MT-160. "Alta has an impressive record of sales, and we are thrilled to have Cyngn's autonomous vehicles included in their catalog," said Lior Tal, CEO of Cyngn. "Motrec's industrial vehicles are renowned for their high tow

      7/11/24 7:05:00 AM ET
      $CYN
      EDP Services
      Technology
    • Cyngn Announces the Appointment of Bill Ong and Ben Mimmack to Investor Relations Team

      Cyngn Inc. (the "Company" or "Cyngn") (NASDAQ:CYN), a developer of innovative autonomous driving software solutions for industrial applications, today announced the appointment of Bill Ong as Head of Corporate Planning and Strategy, and Ben Mimmack as Head of Investor Relations, signaling the company's commitment to Investor Relations. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230125005068/en/Bill Ong, Head of Planning & Strategy; Ben Mimmack, Head of Investor Relations at Cyngn (Graphic: Business Wire) Bill Ong brings nearly 40 years of background in investor relations, corporate finance, engineering, and Wall Street experi

      1/25/23 8:00:00 AM ET
      $CYN
      EDP Services
      Technology
    • Cyngn Reports 2025 First Quarter Financial Results

       Recent Operating Highlights: Continued momentum in the automotive sector, reaching a milestone of executing successful DriveMod Tugger deployments at various stages with five major automotive OEMs and Tier-1 suppliers across the U.S. and Mexico.Signed a contract to deploy a DriveMod Tugger at a global Fortune 500 automotive supplier.Secured its 22nd U.S. patent for AI-powered autonomous vehicle technologies.Cyngn received approximately $308k of new bookings for DriveMod vehicles from direct sales during Q1 2025.MENLO PARK, Calif., May 7, 2025 /PRNewswire/ -- Cyngn Inc. (NASDAQ:CYN) today announced financial results for its first quarter, which ended March 31, 2025.

      5/7/25 4:05:00 PM ET
      $CYN
      EDP Services
      Technology
    • Cyngn Announces Date for First Quarter 2025 Financial Results

      MENLO PARK, Calif., April 30, 2025 /PRNewswire/ -- Cyngn, Inc. (the "Company" or "Cyngn") (NASDAQ:CYN) will announce its fiscal first quarter 2025 financial results for the period ended March 31, 2025, on Wednesday, May 7, 2025, after the close of market. The financial results will be available on the Cyngn website under "News & Events" at https://investors.cyngn.com/.  The Company will not host an earnings call. About Cyngn Cyngn develops and deploys scalable, differentiated autonomous vehicle technology for industrial organizations. Cyngn's self-driving solutions allow exist

      4/30/25 7:00:00 AM ET
      $CYN
      EDP Services
      Technology
    • Cyngn Reports 2024 Fourth Quarter and Year-End Financial Results

       Recent Operating Highlights: Cyngn received approximately $1.3M of new bookings for DriveMod vehicles from direct sales during Q4-2024Cyngn Signed Contract to Deploy DriveMod Tugger at a Major Consumer Packaged Goods CompanyCyngn Announced Multiple Deployments at Major Automotive Brands, including Coats.Cyngn Raised $33m in December to Scale Customer Deployments and Fuel Its GrowthCyngn Highlighted its Proprietary Computer Vision Advancements with NVIDIA Accelerated ComputingCyngn Hired Marty Petraitis, a veteran of Industrial Automation, as VP of Sales.Cyngn Successfully Completed Initial Deployment of Its DriveMod Tugger at a Major Defense ContractorCyngn Completed First Paid DriveMod For

      3/5/25 4:05:00 PM ET
      $CYN
      EDP Services
      Technology