Moderation Team
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:
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:https://cyngn.com
- Twitter: https://twitter.com/cyngn
- LinkedIn: https://www.linkedin.com/company/cyngn
- YouTube: https://www.youtube.com/@cyngnhq
Source: www.streetinsider.com
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