Since August 2023, Cyngn has
been granted eleven additional patents, bringing the total U.S.
patents granted to 21. Patent 21 enhances Cyngn's autonomous
vehicles' capability to make informed decisions regarding their
surroundings.
MENLO
PARK, Calif., Oct. 16,
2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or
"Cyngn") (Nasdaq: CYN) announced the official granting of a new
patent, 12,039,867. This patent covers the Company's innovative
autonomous vehicle (AV) solutions.
This patent introduces a method to enhance the performance of
autonomous vehicles (AVs) in real-world environments. AVs use
sensors to scan and interpret their surroundings, identifying
nearby objects with precision. This method enables AVs to not only
detect these objects but also make informed decisions on
interacting with them safely, such as navigating around slow-moving
barriers, cyclists, and blind spots near large vehicles.
Moreover, the patent outlines a system that integrates these
specific driving rules with broader traffic regulations, ensuring
that AVs not only navigate safely but also comply with legal
requirements on the road. By combining detailed
object-specific rules with general traffic laws, this innovation
aims to improve the overall safety and efficiency of autonomous
driving technology.
"I am pleased with the impressive advancements and speed of
innovation our technology team has demonstrated, as this latest
patent brings our total number of U.S. patents to 21," said
Lior Tal, Chairman and Chief
Executive Officer of Cyngn. "Following the 16 U.S. patents granted
in 2023, these patents are the cornerstone of our growth strategy,
reflecting our team's dedication and technical expertise."
The grant of this patent marks a significant milestone in
Cyngn's intellectual property strategy, further bolstering its
position in the AV industry. This success follows Cyngn's recent
patent issuance announcement of its 20th patent.
Cyngn provides its customers a seamless way to adopt
self-driving technology into their operations without high upfront
costs.
Previous patents include:
|
Patent
Number
|
Title
|
Publication
Date
|
21.
|
US-12,039,867-B2
|
ADAPTIVE OBJECT-BASED
DECISION-MAKING SYSTEM
|
7/16/2024
|
20.
|
US-12,032,099-B2
|
ADAPTIVE MOTION
COMPENSATION OF PERCEPTION CHANNELS
|
7/09/2024
|
19.
|
US-11,851,074-B2
|
SYSTEM AND METHODS OF
LARGE-SCALE AUTONOMOUS DRIVING VALIDATION
|
12/26/2023
|
18.
|
US-11,837,090-B2
|
SYSTEM AND METHODS OF
ADAPTIVE TRAFFIC RULE-BASED DECISION MAKING FOR AUTONOMOUS
DRIVING
|
12/5/2023
|
17.
|
US-11,837,089-B2
|
MODULAR EXTENSIBLE
BEHAVIORAL DECISION SYSTEM FOR AUTONOMOUS DRIVING
|
12/5/2023
|
16.
|
US-11,767,034-B2
|
SYSTEM AND METHOD OF
COMPUTATION ACCELERATION FOR AUTONOMOUS DRIVING SYSTEMS
|
9/26/2023
|
15.
|
US-11,760,368-B2
|
SYSTEM AND METHOD OF
SAME-LOOP ADAPTIVE SIMULATION FOR AUTONOMOUS DRIVING
|
9/19/2023
|
14.
|
US-11,747,454-B2
|
GRANULARITY-FLEXIBLE
EXISTENCE-BASED OBJECT DETECTION
|
9/5/2023
|
13.
|
US-11,745,762-B2
|
SYSTEM AND METHODS OF
ADAPTIVE TRAJECTORY PREDICTION FOR AUTONOMOUS DRIVING
|
9/5/2023
|
12.
|
US-11,745,747-B2
|
SYSTEM AND METHOD OF
ADAPTIVE DISTRIBUTION OF AUTONOMOUS DRIVING COMPUTATIONS
|
9/5/2023
|
11.
|
US-11,745,750-B2
|
SYSTEM AND METHOD OF
LARGE-SCALE AUTOMATIC GRADING IN AUTONOMOUS DRIVING USING A
DOMAIN-SPECIFIC LANGUAGE
|
9/5/2023
|
10.
|
US-11,679,726-B2
|
VEHICLE SENSOR
SYSTEMS
|
6/20/2023
|
9.
|
US-11,673,577-B2
|
SYSTEM AND METHODS OF
ADAPTIVE RELEVANCY PREDICTION FOR AUTONOMOUS DRIVING
|
6/13/2023
|
8.
|
US-11,668,833-B2
|
OBSTACLE DETECTION
SYSTEMS
|
6/6/2023
|
7.
|
US-11,651,583-B2
|
MULTI-CHANNEL OBJECT
MATCHING
|
5/16/2023
|
6.
|
US-11,614,527-B2
|
SELF-ADAPTIVE
LIDAR-CAMERA SYNCHRONIZATION SYSTEM
|
3/28/2023
|
5.
|
US-11,592,565-B2
|
FLEXIBLE MULTI-CHANNEL
FUSION PERCEPTION
|
2/28/2023
|
4.
|
US-11,555,928-B2
|
THREE-DIMENSIONAL
OBJECT DETECTION WITH GROUND REMOVAL INTELLIGENCE
|
1/17/2023
|
3.
|
US-11,372,115-B2
|
VEHICLE
LOCALIZATION
|
6/28/2022
|
2.
|
US-11,186,234-B2
|
VEHICLE SENSOR
SYSTEMS
|
11/30/2021
|
1.
|
US-11,169,271-B2
|
OBSTACLE DETECTION
SYSTEMS
|
11/9/2021
|
For a comprehensive view of Cyngn's patents focused on
modularity and flexibility of autonomous vehicle systems with
multiple sensor modalities and configurations, please visit the
USPTO.
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: cyngn.com
- Twitter: twitter.com/cyngn
- LinkedIn: https://www.linkedin.com/company/cyngn
- YouTube: https://www.youtube.com/@cyngnhq
Investor Contact:
Don Alvarez, CFO
investors@cyngn.com
Media Contact:
Luke Renner, Head of Marketing
media@cyngn.com
FORWARD-LOOKING STATEMENTS:
This press release contains "forward-looking statements" within
the meaning of the Private Securities Litigation Reform Act and
other securities laws. Words such as "expects," "anticipates,"
"intends," "plans," "believes," "seeks," "estimates" and similar
expressions or variations of such words are intended to identify
forward-looking statements. Forward-looking statements are not
historical facts, and are based upon management's current
expectations, beliefs and projections, many of which, by their
nature, are inherently uncertain. Such expectations, beliefs and
projections are expressed in good faith. However, there can be no
assurance that management's expectations, beliefs and projections
will be achieved, and actual results may differ materially from
what is expressed in or indicated by the forward-looking
statements. Forward-looking statements are subject to risks and
uncertainties that could cause actual performance or results to
differ materially from those expressed 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. References and links to websites have
been provided as a convenience, and the information contained on
such websites is not incorporated by reference into this press
release. Cyngn is not responsible for the contents of third-party
websites.
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