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Cyngn’s Next-Gen 12,000 lb. DriveMod Tugger Deploying With Customers, Including Commercial Contract With Major Automotive Equipment Manufacturer

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MENLO PARK, Calif., Oct. 17, 2024 /PRNewswire/ — Cyngn Inc. (the “Company” or “Cyngn”) (Nasdaq: CYN) today announced a commercial deployment of its next-generation DriveMod Tugger, featuring a recent upgrade to 12,000-pound towing capacity, with a customer that is a major manufacturer of automotive service equipment. Furthermore, next-gen DriveMod Tuggers have been used in several pilot deployments with automotive and defense customers in recent weeks, highlighting continued traction in focal sectors that have been previously emphasized by Cyngn. These deployments not only underscore the growing commercial interest in Cyngn’s AI-powered solutions but also highlight the Company’s ability to efficiently bring autonomous vehicles online at diverse customer facilities across manufacturing and logistics.

The production customer, a major manufacturer in the automotive service equipment space, is embarking on a multi-faceted strategy to adopt new industrial automation technologies. With evolving growth and production demands, they turned to Cyngn to help tackle challenges related to labor shortages, high operational costs, and increased safety requirements.

This announcement follows the recent achievement of the first next-generation 12,000 lb. DriveMod-enabled MT-160 Tugger being built at Motrec’s state-of-the-art facility. This state-of-the-art autonomous tugger is designed to improve operational efficiency, enhance safety, and provide valuable insights through Cyngn Insight—the simple software tools that enable customers to harness Cyngn’s AI-powered DriveMod autonomous vehicle technology.

“By deploying Cyngn solutions, we’re empowering our customers to handle their material transport needs efficiently, conveniently, and reliably,” said Cyngn’s Chief Executive Officer, Lior Tal. “Businesses are increasingly seeking technology that not only meets their immediate needs but also adapts to the future growth of their operations. Our next-gen DriveMod Tugger delivers on both fronts.”

The latest DriveMod Tugger model, featuring a motor controller upgrade from Motrec, doubles the towing capacity of its predecessor to deliver an even more robust solution that can address additional material handling applications of large-scale industrial operations. This advancement reflects the strong market demand for smarter but proven vehicle solutions and underscores the growing commercial momentum of Cyngn’s autonomous DriveMod technology.

This deployment builds upon the company’s recent announcement that its DriveMod Tuggers are now available for outdoor use cases.

About Cyngn

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.

Cyngn’s flagship product, its Enterprise Autonomy Suite, includes DriveMod (autonomous vehicle system), Cyngn Insight (customer-facing suite of AV fleet management, teleoperation, and analytics tools), and Cyngn Evolve (internal toolkit that enables Cyngn to leverage data from the field for artificial intelligence, simulation, and modeling).

Find Cyngn on:

Website: https://cyngn.comTwitter: http://twitter.com/cyngnLinkedIn: https://www.linkedin.com/company/cyngnYouTube: https://www.youtube.com/@cyngnhq

Investor Contact:
Don Alvarez
investors@cyngn.com 

Media Contact:
Luke Renner
media@cyngn.com 

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 SEC, including, without limitation the risk factors discussed in the Company’s annual report on Form 10-K filed with the SEC on March 7, 2024. 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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Study Reveals Student Chemistry Scores Increased by 12.7% Using 3-D Game-Based Learning

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Independent researchers from North Carolina State University determined Plasma Games’ platform significantly increased students’ learning, motivation, and confidence for all genders, races, and socioeconomic statuses.

RALEIGH, N.C., Oct. 17, 2024 /PRNewswire/ — A recent scientifically-based experimental study, conducted by Dr. Leonard Annetta at East Carolina University, found that students using Plasma Games’ Sci-Ops: Global Defense video game increased their chemistry scores by 12.7% versus the control group, while increasing their desire to pursue a chemistry-related major in secondary school by 12.9%.

A team of researchers at North Carolina State, led by Dr. Teomara Rutherford, Associate Professor, recently found in a study that the experimental group of students increased their correct answers to end-of-course (EOC) questions by 19% after 20-30 minutes of gameplay.

Additionally, the North Carolina Department of Commerce found that 61% of educators surveyed agreed that implementing the program into the curriculum was easy. Fifty-two percent (52%) of educators recommend that all schools utilize Sci-Ops: Global Defense as part of their curriculum. Sixty-three percent (63%) agreed that the platform was a helpful and appropriate supplement for their classes. The NCDOC has recommended continuing to fund the program in all school districts in the state partially based upon these survey results.

Plasma Games, a National Science Foundation award-winning education technology company, helps students master North Carolina standards-aligned science curriculum while increasing their desire to pursue STEM fields in the state. Plasma Games is being used in 75 of North Carolina’s 115 school districts, offering over 800 teachers and over 27,000 students access to the Sci-Ops: Global Defense science program.

Hunter Moore, Plasma Games Founder and CEO, explains: “Unlike other educational video games, Sci-Ops: Global Defense achieves the level of gameplay students are accustomed to. Sci-Ops fuses science standards with real technology applications and North Carolina STEM career paths inside an entertainment-quality 3D video game. Plasma Games helps educators inspire and equip students to pursue STEM/CTE careers. “

Katherine Gasper, an educator from Wake County Schools, further explains, “I have been using Plasma Games since 2019. No matter how many times I listen to their training, I’m always finding out about new features they’ve added. As a company, Plasma Games ‘sees’ teachers and responds to their needs and feedback to create a product that truly enhances students’ engagement in learning physical science while helping students see ‘themselves’ in potential STEM careers.” 

“Students today are very tech savvy and enjoy games, especially video games, that are competitive. Plasma Games allow students to interactively engage in games while learning important concepts in science. It gives them a chance to analyze data, make choices in choosing variables, and see the results of these choices to build on their knowledge,” says Laura Barnett an educator from Brunswick County School District.

The Sci-Ops: Global Defense program includes a 3-D video game, lesson plans, literacy supports, hands-on investigations, scenario-based practice, data analysis resources, unit review activities, and a robust assessment system that tracks student progress and provides feedback.

About Plasma Games

Plasma Games, a Raleigh-based education technology company, equips students with standards-aligned tools to inspire and equip students for STEM careers using cutting-edge video games. Plasma Games has garnered many industry awards, nationally and internationally, including the “Best Educational Technology Company of 2021” by the North Carolina Technology Association and “Best Learning Game in the World” by the Games and Learning Alliance. Plasma Games connects North Carolina science standards to real-world technologies and STEM/CTE careers, improving student outcomes and introducing students to life-changing career pathways. Plasma Games believes in meeting students where they are with its innovative, fun, and educationally effective gameplay with a first-of-its-kind proven 3D video game platform. Explore how Plasma Games motivates students to learn about science at play.plasma.games.

MEDIA CONTACT
Melanie Fortier
Senior Director of Marketing
Plasma Games
melanie@plasma.games 

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Procolored’s New Loyalty Program Offers Business-Friendly

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Procolored launches a business-focused loyalty program offering consumable discounts, priority support, and exclusive rewards for professional printers.

LONG BEACH, Calif., Oct. 17, 2024 /PRNewswire-PRWeb/ — Rewards for Professional Printers

Procolored’s loyalty program is designed to offer professional printers not only discounts but also personalized rewards and early access to cutting-edge technology, ensuring long-term savings and operational efficiency.

Procolored, a leader in innovative printing technology, has launched a new loyalty program aimed at providing significant benefits to its professional customers. Recognizing the unique needs of businesses in the printing industry, Procolored’s new membership system offers tailored rewards that cater to bulk orders, efficiency, and long-term savings for frequent buyers.

A Loyalty Program Designed for Professionals

The new loyalty program is structured to give businesses more value for their investments. Whether you’re a professional printing company, a small business owner, or a creative agency that frequently uses Procolored products, the loyalty program provides benefits that go beyond simple discounts.

Key Business-Friendly Features:

Consumable Discounts:

Each month, Procolored selects specific consumables, and loyalty members enjoy a 10% discount on these products. This feature allows businesses to save on essential materials like inks, transfer films, and other printing supplies, ensuring they always have access to the resources they need at a reduced cost.

Priority Customer Support:

Professional users often require quick and efficient customer service to keep their operations running smoothly. Members of Procolored’s loyalty program enjoy priority access to the customer support team, ensuring their queries and issues are resolved faster, which minimizes downtime.

Early Access to New Products:

As a loyalty member, businesses will be the first to know about and purchase Procolored’s latest innovations. Early access to cutting-edge UV printing technology can give businesses a competitive edge in the market, allowing them to stay ahead of trends and provide the latest solutions to their customers.

Exclusive Business Rewards:

In addition to points earned from purchases, businesses can take advantage of exclusive rewards that are tailored to their operational needs. Whether it’s additional accessories, extended warranties, or special services, these rewards provide added value to Procolored’s loyal customers.

Personalized Offers:

Businesses are not only rewarded for their purchases but also receive personalized offers based on their unique needs and purchasing history. Procolored ensures that every member’s experience is tailored to maximize their benefits and meet their professional requirements.

Helping Businesses Save More

The loyalty program is not just about rewards—it’s about long-term savings for businesses. The more members purchase, the more points they accumulate, which can be redeemed for discounts on future orders. This allows professional users to significantly reduce costs over time, especially for repeat purchases.

The system is designed to be easy to use, ensuring that businesses can quickly sign up and start enjoying the benefits. With tiered membership levels, the program rewards frequent buyers by offering increasingly better perks as their purchases grow.

Leading in DTF Printing Technology

Procolored is known for its advanced DTF printing technology, providing high-resolution printing solutions for a range of applications. Their innovative approach includes precision control, fast-curing inks, and highly durable results, making their products essential for businesses in need of high-quality printing. With its focus on cutting-edge technology, Procolored continues to push the boundaries of what’s possible in the printing industry, offering versatile and reliable solutions for professional users.

About Procolored

Founded in 2018, Procolored is a global leading manufaturer of lightweight inkjet printers, dedicated to developingoowerful and user-friendly DTE, UV DTF, UV and DTG printers suitable for various materials, including fabrics, acrylic, anoglass. To date, Procolored products are sold in more than 31 countries and regions, empowering over 30.000 homebased entrepreneurs to launch and expand their digital printing businesses.

For more information on the new loyalty program and to register, visit Procolored Loyalty Program.

Media Contact

David, Procolored Inc., 1 949-738-4529, marketing@procolored.com, https://www.procolored.com/ 

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HumanX Selects Section to Host AI Executive Leadership Workshop at the Inaugural HumanX Conference in March 2025

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The HumanX and Section partnership will arm C-level leaders with the frameworks needed to define and refine their AI strategies

NEW YORK, Oct. 17, 2024 /PRNewswire-PRWeb/ — HumanX, the #1 gathering for AI leaders, is excited to announce a new partnership with Section, the leading online school for professionals in the AI era, to present the AI Executive Leadership Workshop.

“By partnering with HumanX, we’re able to offer an exclusive workshop tailored to the needs of business leaders, providing them with the real-time knowledge they need to lead AI conversations inside of their organizations.”

Scheduled for March 9, 2025, at the Fontainebleau Las Vegas, this program is designed to equip senior executives with the tools necessary to gain actionable insights ahead of the HumanX conference.

“We are thrilled to partner with Section to bring this exceptional learning opportunity to our attendees,” said Stefan Weitz, CEO of HumanX. “The AI Executive Leadership Workshop reflects our commitment to delivering actionable insights and meaningful engagement for our participants. This workshop will empower leaders with the knowledge and skills to make strategic AI decisions that can drive real impact within their organizations.”

The AI Executive Leadership Workshop will feature a carefully curated agenda that includes sessions on using AI as a strategic thought partner, building with enterprise AI, leveraging AI agents for business efficiency, and deploying AI technologies effectively across organizations. Each session is designed to provide participants with practical takeaways they can immediately apply in their roles.

“At Section, our mission is to help leaders harness the power of AI to create tangible business outcomes,” said Greg Shove, CEO of Section. “By partnering with HumanX, we’re able to offer an exclusive workshop tailored to the needs of business leaders, providing them with the real-time knowledge they need to lead AI conversations inside of their organizations.”

Registration Details:

Add the AI Executive Leadership Workshop to your HumanX experience when purchasing your HumanX pass. For more details, visit humanx.co/section-certificate.

About HumanX

HumanX is an innovative AI conference dedicated to delivering actionable insights and connecting high-level executives with the latest advancements in AI technology. Founded by Jon Weiner and Stefan Weitz, industry veterans committed to reinventing the AI conference experience, HumanX focuses on practical applications and strategic networking opportunities, distinguishing itself from traditional, broad-spectrum conferences.

About Section

Section is the online business school for the age of AI, founded in 2019 by Scott Galloway. Section’s courses are offered in a fast, live, cohort-based format focused on helping professionals augment their day-to-day work with AI. Section has taught 44,000 professionals across 95 countries and partners with 200+ enterprise clients to train their future leaders. The AI Executive Leadership Workshop is a crash course on Section’s most popular and actionable AI courses that have already upskilled more than 15,000 leaders worldwide.

Media Contact

Kaitlin Mansour, HumanX, 1 8103975267, kaitlin@humanx.co

View original content:https://www.prweb.com/releases/humanx-selects-section-to-host-ai-executive-leadership-workshop-at-the-inaugural-humanx-conference-in-march-2025-302279394.html

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