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Cyngn Receives Notice of Allowance for 20th U.S. Patent for its AI-Powered Autonomous Vehicle Solutions

Cyngn announces the notice of allowance for their 20th U.S. patent, expanding their patent portfolio.

Cyngn |

MENLO PARK, Calif., April 16, 2024  – Cyngn Inc. (the “Company” or “Cyngn”) (Nasdaq: CYN) today announced the notice of allowance for a new patent, 17/812,072, for the Company’s autonomous vehicle (AV) solutions. This patent covers the generation of a compensated environmental model by applying methods to address challenges that arise from using sensors that are in motion while collecting data and the inherent processing delay that exists between sensing and generating an environmental model.

“Receiving a Notice of Allowance for our 20th U.S. patent is a testament to Cyngn's relentless pursuit of innovation in autonomous vehicle solutions.” said Cyngn’s Chairman and Chief Executive Officer, Lior Tal. “In 2023, we were granted 16 U.S. patents. This is a continuation of our effort that exemplifies our strong technical team.”

A Notice of Allowance marks a step forward in the patent application process for this invention of Adaptive Motion Compensation of Perception Channels. Upon completion, this patent will strengthen Cyngn's intellectual property portfolio.

This patent allowance follows the Company’s earlier announcement of the issuance of patent 19.

Cyngn’s patent family is comprised of the following patents:

Patent Number

Title

Publication Date

US-11,851,074-B2

SYSTEM AND METHODS OF LARGE-SCALE AUTONOMOUS DRIVING VALIDATION

12/26/2023

US-11,837,090-B2

SYSTEM AND METHODS OF ADAPTIVE TRAFFIC RULE-BASED DECISION MAKING FOR AUTONOMOUS DRIVING

12/5/2023

US-11,837,089-B2

MODULAR EXTENSIBLE BEHAVIORAL DECISION SYSTEM FOR AUTONOMOUS DRIVING

12/5/2023

US-11,767,034-B2

SYSTEM AND METHOD OF COMPUTATION ACCELERATION FOR AUTONOMOUS DRIVING SYSTEMS

9/26/2023

US-11,760,368-B2

SYSTEM AND METHOD OF SAME-LOOP ADAPTIVE SIMULATION FOR AUTONOMOUS DRIVING

9/19/2023

US-11,747,454-B2

GRANULARITY-FLEXIBLE EXISTENCE-BASED OBJECT DETECTION

9/5/2023

US-11,745,762-B2

SYSTEM AND METHODS OF ADAPTIVE TRAJECTORY PREDICTION FOR AUTONOMOUS DRIVING

9/5/2023

US-11,745,747-B2

SYSTEM AND METHOD OF ADAPTIVE DISTRIBUTION OF AUTONOMOUS DRIVING COMPUTATIONS

9/5/2023

US-11,745,750-B2

SYSTEM AND METHOD OF LARGE-SCALE AUTOMATIC GRADING IN AUTONOMOUS DRIVING USING A DOMAIN-SPECIFIC LANGUAGE

9/5/2023

US-11,679,726-B2

VEHICLE SENSOR SYSTEMS

6/20/2023

US-11,673,577-B2

SYSTEM AND METHODS OF ADAPTIVE RELEVANCY PREDICTION FOR AUTONOMOUS DRIVING

6/13/2023

US-11,668,833-B2

OBSTACLE DETECTION SYSTEMS

6/6/2023

US-11,651,583-B2

MULTI-CHANNEL OBJECT MATCHING

5/16/2023

US-11,614,527-B2

SELF-ADAPTIVE LIDAR-CAMERA SYNCHRONIZATION SYSTEM

3/28/2023

US-11,592,565-B2

FLEXIBLE MULTI-CHANNEL FUSION PERCEPTION

2/28/2023

US-11,555,928-B2

THREE-DIMENSIONAL OBJECT DETECTION WITH GROUND REMOVAL INTELLIGENCE

1/17/2023

US-11,372,115-B2

VEHICLE LOCALIZATION

6/28/2022

US-11,186,234-B2

VEHICLE SENSOR SYSTEMS

11/30/2021

US-11,169,271-B2

OBSTACLE DETECTION SYSTEMS

11/9/2021

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.

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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.

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