Tuesday, May 14, 2024

Cyngn Granted 17th U.S. Patent for its AI-Powered Autonomous Vehicle Technologies

Cyngn Inc., a developer of AI-powered autonomous driving solutions for industrial applications, announced the issuance of a new patent, US-11,837,089-B2, for the Company’s autonomous vehicle (AV) and driving solutions. This new patent protects Cyngn’s novel modular extensible behavioral decision system for autonomous driving that aims to incorporate elements of the environment such as regions of interest and objects to inform a series of decisions made by the autonomous vehicle.

“In navigating the dynamic currents of our evolving industry, we are committed to building out a robust patent portfolio to protect our intellectual property,” said Chairman and Chief Executive Officer, Lior Tal. “These novel inventions help to set us apart by enabling automation solutions with unique value propositions to our customers.”

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Cyngn aims to provide its customers with advanced automation via its DriveMod autonomous vehicle solutions that leverage state-of-the-art sensors and AI to produce humanlike driving capabilities across multiple vehicle types without requiring site infrastructure overhauls.

This additional patent comes on the heels of the Company’s announcement of the granting of four additional patents for the Company’s proprietary technology around vehicle sensors, obstacle detection systems, autonomous driving predictions, and multi-channel object matching and issuance.

Cyngn develops and deploys scalable, differentiated autonomous vehicle technology for industrial organizations. Cyngn’s self-driving solutions allow existing workforces to increase productivity and efficiency. The Company addresses significant challenges facing industrial organizations today, such as labor shortages, costly safety incidents, and increased consumer demand for eCommerce. Cyngn’s DriveMod Kit can be installed on new industrial vehicles at end of line or via retrofit, empowering customers to seamlessly adopt self-driving technology into their operations without high upfront costs or the need to completely replace existing vehicle investments.

SOURCE : PRNewswire

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