Cyngn Secures its 23nd U.S. Patent: Modular Sensor System for Automated Guided Vehicles
Since August 2023, Cyngn has been granted 13 additional patents, bringing the total U.S. patents granted to 23.
Cyngn (Nasdaq: CYN) announced the official granting of a new patent, 12,332,083 for 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 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.
"Since August 2023, we've been granted thirteen additional patents, bringing our total to 23 U.S. patents," said Lior Tal, CEO of Cyngn."This milestone underscores our commitment to advancing autonomous technology while strengthening a patent portfolio that safeguards our innovations. Each new patent reflects the effort of our team and our focus on building practical solutions that are transforming material handling."
The grant of this patent continues Cyngn's intellectual property strategy, further bolstering its technologically-driven position in the AV industry.
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 MT-160 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.
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