Cyngn announces the notice of allowance for a new patent related to the Company’s autonomous vehicle (AV) solutions. MENLO PARK, Calif., Jan. 20, 2026 /PRNewswireCyngn announces the notice of allowance for a new patent related to the Company’s autonomous vehicle (AV) solutions. MENLO PARK, Calif., Jan. 20, 2026 /PRNewswire

Cyngn Receives Notice of Allowance for 24th U.S. Patent for its AI-Powered Autonomous Vehicle Technologies

Cyngn announces the notice of allowance for a new patent related to the Company’s autonomous vehicle (AV) solutions.

MENLO PARK, Calif., Jan. 20, 2026 /PRNewswire/ — Cyngn (Nasdaq: CYN) announced the notice of allowance for a new patent related to the Company’s innovative autonomous vehicle (AV) solutions. The patent, System and Method of Adaptive, Real-Time Vehicle System Identification for Autonomous Driving, is expected to be issued next month.

“Since August of 2023, Cyngn has received thirteen newly issued patents, expanding our portfolio to 23 U.S. patents,” said Lior Tal, CEO of Cyngn. “This achievement reflects our continued investment in autonomous innovation and our determination to protect the technologies that set our solutions apart. Each patent represents meaningful progress from our team and reinforces our focus on delivering practical, real-world advances in material handling.”

Cyngn’s growing intellectual property portfolio supports the Company’s broader mission to accelerate the adoption of safe, flexible, and scalable autonomous systems across industrial environments. Over the past year, Cyngn has introduced new capabilities for its DriveMod Tugger platform, expanded commercial deployments, and deepened integrations with leading warehouse and manufacturing technologies. The steady cadence of patent allowances highlights Cyngn’s commitment to long-term innovation and to building a defensible technology foundation that helps customers reduce operating costs, improve safety, and increase operational efficiency.

About Cyngn

Cyngn develops and deploys autonomous vehicle technology for industrial organizations like manufacturers and logistics companies. The Company addresses significant challenges facing industrial organizations today, such as labor shortages and costly safety incidents.

Cyngn’s DriveMod technology empowers customers to seamlessly bring self-driving technology to their operations without high upfront costs or infrastructure installations. DriveMod is currently available on Motrec MT-160 Tuggers and BYD Forklifts.

The DriveMod Tugger hauls up to 12,000 lbs, travels inside and out, and targets a typical payback period of less than 2 years. The DriveMod Forklift lifts heavy loads that use non-standard pallets and is currently available to select customers. For all terms referenced within, please refer to the Company’s annual report on Form 10-K with the SEC filed on March 6, 2025.

Investor Contact:
Natalie Russell
CFO
[email protected]

Media Contact:
Luke Renner
Head of Marketing
[email protected]

Where to Find Cyngn:

  • Website: https://cyngn.com
  • X: https://x.com/cyngn
  • LinkedIn: https://www.linkedin.com/company/cyngn
  • YouTube: https://www.youtube.com/@cyngnhq

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Any statement that is not historical in nature is a forward-looking statement and may be identified by the use of words and phrases such as “expects,” “anticipates,” “believes,” “will,” “will likely result,” “will continue,” “plans to,” “potential,” “promising,” and similar expressions. These statements are based on management’s current expectations and beliefs and are subject to a number of risks, uncertainties and assumptions that could cause actual results to differ materially from those described in the forward-looking statements, including the risk factors described from time to time in the Company’s reports to the Securities and Exchange Commission (SEC), including, without limitation the risk factors discussed in the Company’s annual report on Form 10-K filed with the SEC on March 6, 2025. Readers are cautioned that it is not possible to predict or identify all the risks, uncertainties and other factors that may affect future results. No forward-looking statement can be guaranteed, and actual results may differ materially from those projected. Cyngn undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/cyngn-receives-notice-of-allowance-for-24th-us-patent-for-its-ai-powered-autonomous-vehicle-technologies-302664201.html

SOURCE Cyngn

Market Opportunity
ArcaneVault Logo
ArcaneVault Price(AV)
$0.0000002509
$0.0000002509$0.0000002509
-16.36%
USD
ArcaneVault (AV) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Institutions Now Control Nearly a Quarter of Available Bitcoin Supply

Institutions Now Control Nearly a Quarter of Available Bitcoin Supply

The post Institutions Now Control Nearly a Quarter of Available Bitcoin Supply appeared on BitcoinEthereumNews.com. Bitcoin 21 September 2025 | 11:00 Fresh figures from BitcoinTreasuries reveal just how concentrated Bitcoin ownership has become among institutions. According to the data, about 3.74 million BTC — nearly 18% of all coins in circulation — are now in the hands of companies, funds, governments, and other organizations. The biggest share belongs to ETFs and publicly listed companies, which have expanded their holdings rapidly since the U.S. approved spot Bitcoin ETFs earlier this year. In total, 332 entities are known to hold reserves: 192 public firms, 44 funds, 68 private companies, 13 governments, 11 DeFi projects, and four major custodians or exchanges. Share of the Available Supply When adjusted for coins that are unlikely to ever move — including the estimated 1.1 million BTC mined by Satoshi Nakamoto and up to 3.7 million that are believed lost — institutional ownership represents closer to 23–25% of the effective supply. Global Distribution The United States leads the pack, with 118 entities reporting Bitcoin reserves. Canada comes next with 43, followed by the UK (21), Japan (12), and Hong Kong (12). Together, these countries dominate the institutional landscape of Bitcoin adoption, both through corporate treasuries and financial products. Growing Influence The sharp increase in institutional ownership coincides with two trends: the arrival of regulated ETFs in major markets and the rise of digital asset treasury firms that manage crypto reserves in the same way corporations handle cash. The shift has accelerated in 2025, further solidifying Bitcoin’s role as a strategic asset in global finance. With nearly a quarter of liquid supply now in institutional hands, Bitcoin’s trajectory is increasingly tied to the strategies of companies, funds, and even governments — raising new questions about how decentralized the ecosystem really is. The information provided in this article is for educational purposes only and…
Share
BitcoinEthereumNews2025/09/21 16:01
XRP bulls brace for key support retest as Bloomberg’s McGlone sounds alarm

XRP bulls brace for key support retest as Bloomberg’s McGlone sounds alarm

XRP hovers on key support as Bloomberg’s McGlone warns of a breakdown while CryptoBull bets on a long consolidation before a major upside breakout. Bloomberg Senior
Share
Crypto.news2026/01/27 18:04
Tourism in Asia is returning, but not in the way it did before

Tourism in Asia is returning, but not in the way it did before

Tourism across Asia is entering a more complex phase. The region is seeing a patchwork of demand shaped by shifting traveler preferences and market segmentation
Share
Bworldonline2026/01/27 16:00