{"success":true,"data":{"pressRelease":{"id":"155107","rtpr_id":"nPn12m2fZa-20260929","ticker":"CYN","exchange":"NASDAQ","all_tickers":["CYN"],"title":"Cyngn Expands Autonomous Tugger Adoption with Fortune 100 Heavy Equipment Manufacturer","author":"PR Newswire","published_at":"2026-09-29T11:15:00.032Z","article_body":"Cyngn Expands Autonomous Tugger Adoption with Fortune 100 Heavy Equipment Manufacturer\nPR Newswire\n\nMOUNTAIN VIEW, Calif., Sept. 29, 2026\n\nThe existing customer expands autonomous material handling to an additional\nproduction workflow at its facility.\n\nMOUNTAIN VIEW, Calif., Sept. 29, 2026 /PRNewswire/ -- Cyngn (NASDAQ: CYN)\ntoday announced a follow-on order for its DriveMod Tugger from a Fortune 100\nheavy equipment manufacturer. The additional deployment will support a new\nmaterial-handling application at the customer's heavy equipment manufacturing\nfacility, expanding an existing relationship with Cyngn.\n\n\"For large manufacturers, repetitive material movement can create costs that\nextend beyond the labor required to move materials. Parts must arrive wherever\nthey are needed, whenever they are needed, without disrupting production.\nAutomating these movements can help facilities reduce logistics costs, improve\nmaterial flow, and free employees to focus on other responsibilities,\" said\nLior Tal, CEO of Cyngn.\n\nThe expansion builds on the manufacturer's earlier adoption of Cyngn's\nautonomous vehicle technology. The new application will support the movement\nof components to a heavy-equipment assembly line, extending automation into\nanother part of the customer's manufacturing operations.\n\nThe follow-on order also illustrates how an initial deployment can create\nopportunities for broader adoption. Once a manufacturer has introduced\nautonomous vehicles into its operations, additional applications can be\nevaluated using the experience, infrastructure, and operational knowledge\nestablished through earlier deployments.\n\nThis approach is central to Cyngn's commercial strategy: helping manufacturers\nidentify a practical starting point for automation, establish its value, and\nexpand into additional workflows and facilities as their needs evolve.\n\nThe DriveMod Tugger is designed for repetitive material transport in\nindustrial environments, with a towing capacity of up to 12,000 pounds. Its\nautonomous navigation technology allows manufacturers to automate suitable\nroutes without installing fixed guidance infrastructure, such as magnetic tape\nor guide wires.\n\nCyngn is withholding the manufacturer's name for competitive reasons,\nincluding the potential disclosure of commercially sensitive information\nregarding the manufacturer's operational efficiency and automation strategy.\n\nFind Your First Route to Automation\n\nManufacturers interested in exploring a similar approach can begin by\nidentifying a repetitive material-handling route that may be suitable for\nautomation. Cyngn's EasyLaunch program is designed to help companies automate\na defined workflow, measure its value, and expand when the application makes\neconomic sense.\n\nSee if your route qualifies for automation:\nhttps://www.cyngn.com/resources/route-assessment\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4784757-1&h=335520070&u=https%3A%2F%2Fwww.cyngn.com%2Fresources%2Froute-assessment&a=https%3A%2F%2Fwww.cyngn.com%2Fresources%2Froute-assessment)\n\nAbout Cyngn\n\nCyngn develops and deploys autonomous vehicle technology for industrial\norganizations like manufacturers and logistics companies. The Company\naddresses significant challenges facing industrial organizations today, such\nas labor shortages and costly safety incidents.\n\nCyngn's DriveMod technology empowers customers to seamlessly bring\nself-driving technology to their operations without high upfront costs or\ninfrastructure installations. DriveMod is currently available on Motrec MT-160\nTuggers.\n\nThe DriveMod Tugger hauls up to 12,000 lbs, travels inside and out, and\ntargets a typical payback period of less than 2 years.\n\nInvestor Contact:\nNatalie Russell\nChief Financial Officer\ninvestors@cyngn.com (mailto:investors@cyngn.com)\n\nMedia Contact:\nLuke Renner\nHead of Marketing\nmedia@cyngn.com (mailto:media@cyngn.com)\n\nWhere to Find Cyngn:\n\n * Online:\nhttps://cyngn.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4784757-1&h=3948541871&u=https%3A%2F%2Fcyngn.com%2F&a=https%3A%2F%2Fcyngn.com)\n * X:\nhttps://x.com/cyngn\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4784757-1&h=1667070656&u=https%3A%2F%2Fx.com%2Fcyngn&a=https%3A%2F%2Fx.com%2Fcyngn)\n * LinkedIn:\nhttps://www.linkedin.com/company/cyngn\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4784757-1&h=138729988&u=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fcyngn&a=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fcyngn)\nForward-Looking Statements\n\nThis press release contains forward-looking statements within the meaning of\nthe Private Securities Litigation Reform Act of 1995, Section 27A of the\nSecurities Act of 1933, as amended, and Section 21E of the Securities Exchange\nAct of 1934, as amended. Any statement that is not historical in nature is a\nforward-looking statement and may be identified by the use of words and\nphrases such as \"expects,\" \"anticipates,\" \"believes,\" \"will,\" \"will likely\nresult,\" \"will continue,\" \"plans to,\" \"potential,\" \"promising,\" and similar\nexpressions. These statements are based on management's current expectations\nand beliefs and are subject to a number of risks, uncertainties and\nassumptions that could cause actual results to differ materially from those\ndescribed in the forward-looking statements, including the risk factors\ndescribed from time to time in the Company's reports to the Securities and\nExchange Commission (SEC), including, without limitation the risk factors\ndiscussed in the Company's annual report on Form 10-K filed with the SEC on\nMarch 27, 2026, and subsequent quarterly reports on Form 10-Q. Readers are\ncautioned that it is not possible to predict or identify all the risks,\nuncertainties and other factors that may affect future results. No\nforward-looking statement can be guaranteed, and actual results may differ\nmaterially from those projected. Cyngn undertakes no obligation to publicly\nupdate any forward-looking statement, whether as a result of new information,\nfuture events, or otherwise.\n\n \n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/cyngn-expands-autonomous-tugger-adoption-with-fortune-100-heavy-equipment-manufacturer-302892278.html\n(https://www.prnewswire.com/news-releases/cyngn-expands-autonomous-tugger-adoption-with-fortune-100-heavy-equipment-manufacturer-302892278.html)\n\nSOURCE Cyngn\n\n\n\nPhoto: \nhttps://mmx.prnewswire.com/media/MS1997982/Cyngn-Expands-Autonomous-Tugger-Adoption-with-Fortune-100-Heavy-Equipment-Manufacturer.jpg?id=OA2975170\nhttps://mmx.prnewswire.com/media/MS1458733/Cyngn-Logo-1.jpg?id=OA2975117\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nPn12m2fZa-20260929","title":"Cyngn Expands Autonomous Tugger Adoption with Fortune 100 Heavy Equipment Manufacturer","author":"PR Newswire","ticker":"CYN","created":"2026-09-29T11:15:00.032Z","tickers":["CYN"],"exchange":"NASDAQ","article_body":"Cyngn Expands Autonomous Tugger Adoption with Fortune 100 Heavy Equipment Manufacturer\nPR Newswire\n\nMOUNTAIN VIEW, Calif., Sept. 29, 2026\n\nThe existing customer expands autonomous material handling to an additional\nproduction workflow at its facility.\n\nMOUNTAIN VIEW, Calif., Sept. 29, 2026 /PRNewswire/ -- Cyngn (NASDAQ: CYN)\ntoday announced a follow-on order for its DriveMod Tugger from a Fortune 100\nheavy equipment manufacturer. The additional deployment will support a new\nmaterial-handling application at the customer's heavy equipment manufacturing\nfacility, expanding an existing relationship with Cyngn.\n\n\"For large manufacturers, repetitive material movement can create costs that\nextend beyond the labor required to move materials. Parts must arrive wherever\nthey are needed, whenever they are needed, without disrupting production.\nAutomating these movements can help facilities reduce logistics costs, improve\nmaterial flow, and free employees to focus on other responsibilities,\" said\nLior Tal, CEO of Cyngn.\n\nThe expansion builds on the manufacturer's earlier adoption of Cyngn's\nautonomous vehicle technology. The new application will support the movement\nof components to a heavy-equipment assembly line, extending automation into\nanother part of the customer's manufacturing operations.\n\nThe follow-on order also illustrates how an initial deployment can create\nopportunities for broader adoption. Once a manufacturer has introduced\nautonomous vehicles into its operations, additional applications can be\nevaluated using the experience, infrastructure, and operational knowledge\nestablished through earlier deployments.\n\nThis approach is central to Cyngn's commercial strategy: helping manufacturers\nidentify a practical starting point for automation, establish its value, and\nexpand into additional workflows and facilities as their needs evolve.\n\nThe DriveMod Tugger is designed for repetitive material transport in\nindustrial environments, with a towing capacity of up to 12,000 pounds. Its\nautonomous navigation technology allows manufacturers to automate suitable\nroutes without installing fixed guidance infrastructure, such as magnetic tape\nor guide wires.\n\nCyngn is withholding the manufacturer's name for competitive reasons,\nincluding the potential disclosure of commercially sensitive information\nregarding the manufacturer's operational efficiency and automation strategy.\n\nFind Your First Route to Automation\n\nManufacturers interested in exploring a similar approach can begin by\nidentifying a repetitive material-handling route that may be suitable for\nautomation. Cyngn's EasyLaunch program is designed to help companies automate\na defined workflow, measure its value, and expand when the application makes\neconomic sense.\n\nSee if your route qualifies for automation:\nhttps://www.cyngn.com/resources/route-assessment\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4784757-1&h=335520070&u=https%3A%2F%2Fwww.cyngn.com%2Fresources%2Froute-assessment&a=https%3A%2F%2Fwww.cyngn.com%2Fresources%2Froute-assessment)\n\nAbout Cyngn\n\nCyngn develops and deploys autonomous vehicle technology for industrial\norganizations like manufacturers and logistics companies. The Company\naddresses significant challenges facing industrial organizations today, such\nas labor shortages and costly safety incidents.\n\nCyngn's DriveMod technology empowers customers to seamlessly bring\nself-driving technology to their operations without high upfront costs or\ninfrastructure installations. DriveMod is currently available on Motrec MT-160\nTuggers.\n\nThe DriveMod Tugger hauls up to 12,000 lbs, travels inside and out, and\ntargets a typical payback period of less than 2 years.\n\nInvestor Contact:\nNatalie Russell\nChief Financial Officer\ninvestors@cyngn.com (mailto:investors@cyngn.com)\n\nMedia Contact:\nLuke Renner\nHead of Marketing\nmedia@cyngn.com (mailto:media@cyngn.com)\n\nWhere to Find Cyngn:\n\n * Online:\nhttps://cyngn.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4784757-1&h=3948541871&u=https%3A%2F%2Fcyngn.com%2F&a=https%3A%2F%2Fcyngn.com)\n * X:\nhttps://x.com/cyngn\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4784757-1&h=1667070656&u=https%3A%2F%2Fx.com%2Fcyngn&a=https%3A%2F%2Fx.com%2Fcyngn)\n * LinkedIn:\nhttps://www.linkedin.com/company/cyngn\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4784757-1&h=138729988&u=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fcyngn&a=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fcyngn)\nForward-Looking Statements\n\nThis press release contains forward-looking statements within the meaning of\nthe Private Securities Litigation Reform Act of 1995, Section 27A of the\nSecurities Act of 1933, as amended, and Section 21E of the Securities Exchange\nAct of 1934, as amended. Any statement that is not historical in nature is a\nforward-looking statement and may be identified by the use of words and\nphrases such as \"expects,\" \"anticipates,\" \"believes,\" \"will,\" \"will likely\nresult,\" \"will continue,\" \"plans to,\" \"potential,\" \"promising,\" and similar\nexpressions. These statements are based on management's current expectations\nand beliefs and are subject to a number of risks, uncertainties and\nassumptions that could cause actual results to differ materially from those\ndescribed in the forward-looking statements, including the risk factors\ndescribed from time to time in the Company's reports to the Securities and\nExchange Commission (SEC), including, without limitation the risk factors\ndiscussed in the Company's annual report on Form 10-K filed with the SEC on\nMarch 27, 2026, and subsequent quarterly reports on Form 10-Q. Readers are\ncautioned that it is not possible to predict or identify all the risks,\nuncertainties and other factors that may affect future results. No\nforward-looking statement can be guaranteed, and actual results may differ\nmaterially from those projected. Cyngn undertakes no obligation to publicly\nupdate any forward-looking statement, whether as a result of new information,\nfuture events, or otherwise.\n\n \n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/cyngn-expands-autonomous-tugger-adoption-with-fortune-100-heavy-equipment-manufacturer-302892278.html\n(https://www.prnewswire.com/news-releases/cyngn-expands-autonomous-tugger-adoption-with-fortune-100-heavy-equipment-manufacturer-302892278.html)\n\nSOURCE Cyngn\n\n\n\nPhoto: \nhttps://mmx.prnewswire.com/media/MS1997982/Cyngn-Expands-Autonomous-Tugger-Adoption-with-Fortune-100-Heavy-Equipment-Manufacturer.jpg?id=OA2975170\nhttps://mmx.prnewswire.com/media/MS1458733/Cyngn-Logo-1.jpg?id=OA2975117\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved."},"type":"article","timestamp":"2026-09-29T11:15:00.115515695Z","server_sent_at_ms":1790680500115},"received_at":"2026-09-29T11:15:00.167Z","source_url":"https://www.prnewswire.com/news-releases/cyngn-expands-autonomous-tugger-adoption-with-fortune-100-heavy-equipment-manufacturer-302892278.html"},"analysis":{"id":"143848","press_release_id":"155107","analysis_json":{"industry":{"label":"Software","sector":"Information Technology"},"redFlags":["no order size, revenue, or financial terms disclosed","customer name withheld, limiting verifiability"],"eventType":"operations_update","narrative":"Cyngn announced a follow-on order for its DriveMod Tugger from an existing Fortune 100 heavy equipment manufacturer, expanding autonomous material handling into an additional production workflow.\n\nThe new application will move components to a heavy-equipment assembly line, extending automation into another part of the customer's operations.\n\nThe release frames the order as validation of Cyngn's land-and-expand commercial strategy, though the customer's name and financial terms were withheld for competitive reasons.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"Follow-on order from unnamed Fortune 100 customer signals expanding adoption but lacks financial detail."},"keyFigures":{"customDimensions":{"towing_capacity_lbs":12000,"target_payback_period":"less than 2 years"}},"quotedText":"The additional deployment will support a new material-handling application at the customer's heavy equipment manufacturing facility, expanding an existing relationship with Cyngn.","namedEntities":{"people":[{"name":"Lior Tal","role":"CEO of Cyngn"},{"name":"Natalie Russell","role":"Chief Financial Officer"}],"products":["DriveMod Tugger","DriveMod","Motrec MT-160 Tugger","EasyLaunch"],"companies":[{"name":"Cyngn","ticker":"CYN","relationship":"filer"},{"name":"Fortune 100 heavy equipment manufacturer","relationship":"customer"},{"name":"Motrec","relationship":"hardware platform partner"}],"dollarAmounts":[]},"materialImpact":{"score":2,"reasoning":"A follow-on order from an existing Fortune 100 customer is positive validation of Cyngn's land-and-expand strategy, but no financial terms, order size, or revenue figures were disclosed and the customer is unnamed."},"tickerRelevance":{"others":[],"primary":"CYN"},"globalImportance":18,"audienceRelevance":15,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"micro-cap","eventGravity":"follow-on customer order, undisclosed terms","retailFavoriteBoost":false}},"event_type":"operations_update","event_type_secondary":null,"sentiment":"bullish","material_impact_score":2,"narrative":"Cyngn announced a follow-on order for its DriveMod Tugger from an existing Fortune 100 heavy equipment manufacturer, expanding autonomous material handling into an additional production workflow.\n\nThe new application will move components to a heavy-equipment assembly line, extending automation into another part of the customer's operations.\n\nThe release frames the order as validation of Cyngn's land-and-expand commercial strategy, though the customer's name and financial terms were withheld for competitive reasons.","key_figures":{"customDimensions":{"towing_capacity_lbs":12000,"target_payback_period":"less than 2 years"}},"named_entities":{"people":[{"name":"Lior Tal","role":"CEO of Cyngn"},{"name":"Natalie Russell","role":"Chief Financial Officer"}],"products":["DriveMod Tugger","DriveMod","Motrec MT-160 Tugger","EasyLaunch"],"companies":[{"name":"Cyngn","ticker":"CYN","relationship":"filer"},{"name":"Fortune 100 heavy equipment manufacturer","relationship":"customer"},{"name":"Motrec","relationship":"hardware platform partner"}],"dollarAmounts":[]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-09-29T11:15:05.810Z","global_importance":18,"audience_relevance":15,"importance_components":{"tickerTier":"micro-cap","eventGravity":"follow-on customer order, undisclosed terms","retailFavoriteBoost":false}},"durationMs":5626,"modelName":"glm-5.3-flashx"}}