MENLO PARK, Calif. - Cyngn Inc. (NASDAQ: CYN), a developer of autonomous vehicle technology for industrial applications, has unveiled a new Auto-unhitch feature for its industrial autonomous vehicles. This enhancement, part of the company's Enterprise Autonomy Suite, allows vehicles to autonomously drop off cargo, aiming to streamline operations and address labor shortages.
The Auto-unhitch capability is integrated within Cyngn's DriveMod Tugger, enabling it to navigate to a stop, unload cargo, and return for new carts without human intervention. This is achieved with a simple button press, which activates the feature and integrates it with customers' existing workflows. The DriveMod Tugger can be pre-programmed before shifts, allowing for a seamless transition between tasks.
Cyngn's CEO, Lior Tal, emphasized the significance of this development, stating, "Implementing Auto-unhitch for our autonomous vehicle fleet represents a significant milestone in broadening our customer reach and catering to the diverse needs of businesses." Tal highlighted the feature's ability to improve productivity by reducing vehicle idle time and allowing operators to focus on more critical tasks.
The Auto-unhitch capability includes safety features such as audible tones and on-screen alerts before automatic unhitching. Additionally, there is a manual mode that enables operators to manually control the hitch.
Cyngn's DriveMod offers a range of capabilities tailored to different company requirements, ensuring that their autonomous vehicle solutions align with customer needs for a customizable industrial vehicle solution.
About Cyngn, the company develops scalable autonomous vehicle technology designed to augment existing workforce productivity and efficiency. Cyngn addresses labor shortages, safety incidents, and the growing demand in eCommerce. Their DriveMod Kit can be installed on new or existing industrial vehicles, facilitating the adoption of self-driving technology without significant upfront costs.
The press release also contains forward-looking statements regarding the company's expectations, which are subject to risks and uncertainties that could cause actual results to differ materially.
This news is based on a press release statement from Cyngn Inc.
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