MENLO PARK, Calif.--(BUSINESS WIRE)--Cyngn (or the “Company”) (Nasdaq: CYN), a developer of innovative autonomous driving software solutions for industrial and commercial enterprises, today announced the filing of a patent for DriveMod Kit, the latest in industrial autonomous vehicle (“AV”) technology integration.
“DriveMod Kit is an all-in-one autonomy integration package. It enables the conversion of standard industrial vehicles into fully autonomous vehicles,” said Cyngn CEO, Lior Tal. “The kit contains advanced sensors and hardware components that streamline retrofit of industrial vehicles that customers already own, or installation into vehicles coming directly off of the assembly line. DriveMod Kit presents a truly scalable solution for AV technology integration.”
DriveMod Kit was developed by Cyngn to support faster and more cost-effective deployments of industrial autonomy solutions, thereby solving major scalability and adoption issues faced by companies interested in utilizing AV technology. DriveMod Kit simplifies what can otherwise be a complex installation process.
More broadly, DriveMod Kit represents a continuation of Cyngn’s ongoing effort to develop a suite of defensible and proprietary technologies to enable the rapid adoption of its autonomous vehicle technology.
“DriveMod Kit is the latest addition to Cyngn’s more than 25 filed patents, which span a wide array of autonomous vehicle technologies,” said Biao Ma, Cyngn’s Vice President of Engineering and Head of Autonomy. “Our technology stack consists of more than 80 elements, which range from sensor fusion algorithms to data processing pipelines and allow us to bring our self-driving solutions to a variety of industrial domains.”
In December, Cyngn hosted an AV Technology Webinar detailing the more than 80 different elements that use proprietary Cyngn autonomous vehicle technology.
To view a video rendering of DriveMod kit, please click here.
Cyngn is an autonomous vehicle technology company that is focused on addressing industrial uses for autonomous vehicles. Cyngn believes that technological innovation is needed to enable the adoption of autonomous industrial vehicles that will address the substantial industry challenges that exist today. These challenges include labor shortages, lagging technological advancements from incumbents, and high upfront investment requirements. Cyngn addresses these challenges with its Enterprise Autonomy Suite, which includes DriveMod (modular industrial vehicle autonomous driving software), Cyngn Insight (customer-facing software suite for monitoring/managing AV fleets and aggregating/analyzing data), and Cyngn Evolve (internal toolkit that enables Cyngn to leverage data from the field for artificial intelligence, simulation, and modeling).
To learn more about Cyngn’s autonomous vehicle technologies, please visit https://cyngn.com/.
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