{"success":true,"data":{"pressRelease":{"id":"172706","rtpr_id":"nGNX69Bpfr-20261019","ticker":"EXYN","exchange":"NASDAQ","all_tickers":["EXYN","EXYNW"],"title":"Exyn Technologies Joins National Laboratory-Led Autonomous Mining Project Selected Under DOE’s $29.5 Million Mine of the Future Initiative","author":"Globe Newswire","published_at":"2026-10-19T13:00:00.792Z","article_body":"ExynAI Autonomy to Help Accelerate Discovery of Critical Minerals Vital to\nU.S. Energy Independence and National Security\n\nAligns with Exyn’s Three Pilot Programs to Automate the Digitization of\nPhysical Industries\n\nPHILADELPHIA, PA, Oct. 19, 2026 (GLOBE NEWSWIRE) -- Exyn Technologies\n(“Exyn” or the “Company”) (NASDAQ: EXYN, EXYNW), a leader in physical\nAI for autonomous mapping and perception-driven navigation in complex,\nGPS-denied environments, announced that it is part of a national\nlaboratory-led team supporting the Mining Autonomous Platform for Prospecting\nand Ore Discovery (“MAP-POD”) project, which has been selected by the U.S.\nDepartment of Energy (“DOE”) for award negotiations under its Mine of the\nFuture Initiative. Exyn is expected to contribute ExynAI-powered near-zero\ndrift navigation for ground vehicle autonomy to support the project's\ndevelopment of advanced underground mining and mineral discovery capabilities.\n\nDOE’s Office of Critical Minerals and Energy Innovation\n(https://www.globenewswire.com/Tracker?data=rKOIVTV0y_7rmgmgctIzYPJhtb2IbUnf5u-L__Ww0NtG8Mj5w_Y6AP0B55CHQeONQCoDOIsWSDwbJSMCHBmbhe_8nKvRm4KsrHQfH5j89naOgALyA_HluK7avC10e3fccfngXXcyYGM_F42QM4BVpjkGRGAAE7wfD9sO_-e-VWB0-SSXKkpDh6fGZxN1CYoRJ-rfxT1pMuIIxTMOsXItv1hUpiYUXQJ0fy4mWFTFLWlg846jknOR8gTdJnCngxCjdRpVTx3p_DXQ90gIi4XYxA==)\nselected 17 national laboratory projects for a total of $29.5 million in\nfunding under the initiative, which is focused on accelerating innovative\ntechnologies that expand and improve America’s domestic mining capabilities.\nAccording to DOE, the selected projects will reduce dependence on foreign\nsupply chains, bolster national security and advance the technologies that\nwill establish America’s long-term energy independence. The MAP-POD project\nwill combine autonomous robotics, advanced sensing and artificial intelligence\nto accelerate underground mapping and identify minerals in real time.\n\nExyn brings extensive experience in autonomous mapping of underground mines,\nwhere GPS is unavailable and conventional surveying can be slow, difficult and\npotentially hazardous. ExynAI® has achieved Level 4B autonomy, enabling\naerial and ground robots to navigate, map and collect data in complex,\nGPS-denied environments without prior maps or continuous human control. At\nTüprag, Eldorado Gold’s mining operation in Turkey, for example, Exyn Nexys\nreduced survey capture times from approximately 40 minutes to approximately 5\nminutes per scan.\n\nThe same autonomy engine that Exyn developed and proved in mining applies to a\nmuch broader range of industries. In defense, for example, autonomous systems\nthat can navigate and map GPS-denied or communications-constrained\nenvironments can support reconnaissance, situational awareness and\ninfrastructure assessment while reducing the need to place personnel in\nhazardous environments. Exyn believes this ability to apply one autonomy\nplatform across many robotic systems and end markets creates a significant\nopportunity to expand ExynAI beyond mining and automate the digitization of\nthe physical world.\n\n“Securing America’s supply of critical minerals is a national priority,\nand our participation in this national laboratory-led project selected under\nthe DOE’s Mine of the Future Initiative represents an important opportunity\nto demonstrate ExynAI’s capabilities,” said Ben Williams, Interim Chief\nExecutive Officer and Chief Operating Officer of Exyn Technologies. “ExynAI\nwas built for the conditions this project will face underground, where there\nis no GPS and the environment can be hazardous for people. This project is\nclosely aligned with the three pilot programs we are running to automate the\ndigitization of complex physical environments across industries. We see each\nof them as a pathway to expand ExynAI into new commercial and government\nmarkets.”\n\nAbout Exyn Technologies\n\nExyn Technologies (NASDAQ: EXYN, EXYNW) is a leader in physical AI for\nautonomous mapping and perception-driven navigation in complex, GPS-denied\nenvironments. The Company’s technology enables teams to capture accurate 3D\ndata in environments that are dark, disconnected, hazardous, or difficult to\naccess. Exyn’s solutions support customers across mining, construction,\ninfrastructure, geospatial, industrial, government, and defense applications.\nFor more information, visit www.exyn.com.\n\n© 2026. Exyn Technologies, Inc. All rights reserved. Exyn Technologies and\nExynAI are registered trademarks of Exyn Technologies, Inc. All other\ntrademarks are the property of their respective owners.\n\nForward-Looking Statements\n\nThis press release contains forward-looking statements within the meaning of\nthe Private Securities Litigation Reform Act of 1995. All statements other\nthan statements of historical fact contained in this press release are\nforward-looking statements, including statements regarding the MAP-POD\nproject, including the outcome of DOE award negotiations, the timing, scope\nand funding of the project and the Company’s role in it; the capabilities\nand anticipated benefits of ExynAI; the Company’s pilot programs and their\npotential to lead to commercial agreements; the potential applications and\ncommercial opportunities for ExynAI across mining, defense, critical\ninfrastructure, industrial and other markets; and the Company’s strategy to\nexpand ExynAI into additional commercial and government applications.\n\nThese forward-looking statements are based on current expectations, estimates,\nprojections, assumptions and beliefs of the Company’s management.\nForward-looking statements are inherently subject to known and unknown risks,\nuncertainties and other important factors that may cause actual results,\nperformance or achievements to differ materially from those expressed or\nimplied by such statements. These risks and uncertainties include, among\nothers, the Company’s ability to continue as a going concern and to raise\nsubstantial additional funds in the future; whether DOE completes award\nnegotiations, and the final scope, funding and timing of the MAP-POD project;\ngovernment funding priorities, budgets and procurement processes; the\nCompany’s ability to convert pilot programs into commercial agreements;\nExyn’s ability to successfully commercialize and deploy ExynAI across new\napplications and third-party platforms; customer and partner adoption of\nautonomous robotics and ExynAI; industrial, government and defense customer\npurchasing decisions; competition, technological change, supply chain,\nmanufacturing, regulatory, export-control and government-contracting risks;\nand the other risks and uncertainties described in the Company’s filings\nwith the U.S. Securities and Exchange Commission. The Company undertakes no\nobligation to update or revise any forward-looking statements, whether as a\nresult of new information, future events or otherwise, except as required by\napplicable law.\n\nInvestor Contact\nCrescendo Communications, LLC\nexyn@crescendo-ir.com\n(212) 671-1020\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/ff283e36-e12f-4808-a53c-17f86e58c794)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX69Bpfr-20261019","title":"Exyn Technologies Joins National Laboratory-Led Autonomous Mining Project Selected Under DOE’s $29.5 Million Mine of the Future Initiative","author":"Globe Newswire","ticker":"EXYN","created":"2026-10-19T13:00:00.792Z","tickers":["EXYN","EXYNW"],"exchange":"NASDAQ","article_body":"ExynAI Autonomy to Help Accelerate Discovery of Critical Minerals Vital to\nU.S. Energy Independence and National Security\n\nAligns with Exyn’s Three Pilot Programs to Automate the Digitization of\nPhysical Industries\n\nPHILADELPHIA, PA, Oct. 19, 2026 (GLOBE NEWSWIRE) -- Exyn Technologies\n(“Exyn” or the “Company”) (NASDAQ: EXYN, EXYNW), a leader in physical\nAI for autonomous mapping and perception-driven navigation in complex,\nGPS-denied environments, announced that it is part of a national\nlaboratory-led team supporting the Mining Autonomous Platform for Prospecting\nand Ore Discovery (“MAP-POD”) project, which has been selected by the U.S.\nDepartment of Energy (“DOE”) for award negotiations under its Mine of the\nFuture Initiative. Exyn is expected to contribute ExynAI-powered near-zero\ndrift navigation for ground vehicle autonomy to support the project's\ndevelopment of advanced underground mining and mineral discovery capabilities.\n\nDOE’s Office of Critical Minerals and Energy Innovation\n(https://www.globenewswire.com/Tracker?data=rKOIVTV0y_7rmgmgctIzYPJhtb2IbUnf5u-L__Ww0NtG8Mj5w_Y6AP0B55CHQeONQCoDOIsWSDwbJSMCHBmbhe_8nKvRm4KsrHQfH5j89naOgALyA_HluK7avC10e3fccfngXXcyYGM_F42QM4BVpjkGRGAAE7wfD9sO_-e-VWB0-SSXKkpDh6fGZxN1CYoRJ-rfxT1pMuIIxTMOsXItv1hUpiYUXQJ0fy4mWFTFLWlg846jknOR8gTdJnCngxCjdRpVTx3p_DXQ90gIi4XYxA==)\nselected 17 national laboratory projects for a total of $29.5 million in\nfunding under the initiative, which is focused on accelerating innovative\ntechnologies that expand and improve America’s domestic mining capabilities.\nAccording to DOE, the selected projects will reduce dependence on foreign\nsupply chains, bolster national security and advance the technologies that\nwill establish America’s long-term energy independence. The MAP-POD project\nwill combine autonomous robotics, advanced sensing and artificial intelligence\nto accelerate underground mapping and identify minerals in real time.\n\nExyn brings extensive experience in autonomous mapping of underground mines,\nwhere GPS is unavailable and conventional surveying can be slow, difficult and\npotentially hazardous. ExynAI® has achieved Level 4B autonomy, enabling\naerial and ground robots to navigate, map and collect data in complex,\nGPS-denied environments without prior maps or continuous human control. At\nTüprag, Eldorado Gold’s mining operation in Turkey, for example, Exyn Nexys\nreduced survey capture times from approximately 40 minutes to approximately 5\nminutes per scan.\n\nThe same autonomy engine that Exyn developed and proved in mining applies to a\nmuch broader range of industries. In defense, for example, autonomous systems\nthat can navigate and map GPS-denied or communications-constrained\nenvironments can support reconnaissance, situational awareness and\ninfrastructure assessment while reducing the need to place personnel in\nhazardous environments. Exyn believes this ability to apply one autonomy\nplatform across many robotic systems and end markets creates a significant\nopportunity to expand ExynAI beyond mining and automate the digitization of\nthe physical world.\n\n“Securing America’s supply of critical minerals is a national priority,\nand our participation in this national laboratory-led project selected under\nthe DOE’s Mine of the Future Initiative represents an important opportunity\nto demonstrate ExynAI’s capabilities,” said Ben Williams, Interim Chief\nExecutive Officer and Chief Operating Officer of Exyn Technologies. “ExynAI\nwas built for the conditions this project will face underground, where there\nis no GPS and the environment can be hazardous for people. This project is\nclosely aligned with the three pilot programs we are running to automate the\ndigitization of complex physical environments across industries. We see each\nof them as a pathway to expand ExynAI into new commercial and government\nmarkets.”\n\nAbout Exyn Technologies\n\nExyn Technologies (NASDAQ: EXYN, EXYNW) is a leader in physical AI for\nautonomous mapping and perception-driven navigation in complex, GPS-denied\nenvironments. The Company’s technology enables teams to capture accurate 3D\ndata in environments that are dark, disconnected, hazardous, or difficult to\naccess. Exyn’s solutions support customers across mining, construction,\ninfrastructure, geospatial, industrial, government, and defense applications.\nFor more information, visit www.exyn.com.\n\n© 2026. Exyn Technologies, Inc. All rights reserved. Exyn Technologies and\nExynAI are registered trademarks of Exyn Technologies, Inc. All other\ntrademarks are the property of their respective owners.\n\nForward-Looking Statements\n\nThis press release contains forward-looking statements within the meaning of\nthe Private Securities Litigation Reform Act of 1995. All statements other\nthan statements of historical fact contained in this press release are\nforward-looking statements, including statements regarding the MAP-POD\nproject, including the outcome of DOE award negotiations, the timing, scope\nand funding of the project and the Company’s role in it; the capabilities\nand anticipated benefits of ExynAI; the Company’s pilot programs and their\npotential to lead to commercial agreements; the potential applications and\ncommercial opportunities for ExynAI across mining, defense, critical\ninfrastructure, industrial and other markets; and the Company’s strategy to\nexpand ExynAI into additional commercial and government applications.\n\nThese forward-looking statements are based on current expectations, estimates,\nprojections, assumptions and beliefs of the Company’s management.\nForward-looking statements are inherently subject to known and unknown risks,\nuncertainties and other important factors that may cause actual results,\nperformance or achievements to differ materially from those expressed or\nimplied by such statements. These risks and uncertainties include, among\nothers, the Company’s ability to continue as a going concern and to raise\nsubstantial additional funds in the future; whether DOE completes award\nnegotiations, and the final scope, funding and timing of the MAP-POD project;\ngovernment funding priorities, budgets and procurement processes; the\nCompany’s ability to convert pilot programs into commercial agreements;\nExyn’s ability to successfully commercialize and deploy ExynAI across new\napplications and third-party platforms; customer and partner adoption of\nautonomous robotics and ExynAI; industrial, government and defense customer\npurchasing decisions; competition, technological change, supply chain,\nmanufacturing, regulatory, export-control and government-contracting risks;\nand the other risks and uncertainties described in the Company’s filings\nwith the U.S. Securities and Exchange Commission. The Company undertakes no\nobligation to update or revise any forward-looking statements, whether as a\nresult of new information, future events or otherwise, except as required by\napplicable law.\n\nInvestor Contact\nCrescendo Communications, LLC\nexyn@crescendo-ir.com\n(212) 671-1020\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/ff283e36-e12f-4808-a53c-17f86e58c794)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-10-19T13:00:00.843223186Z","server_sent_at_ms":1792414800843},"received_at":"2026-10-19T13:00:01.217Z","source_url":null},"analysis":null,"durationMs":null,"modelName":null}}