CYNGN ISIN: US23257B1070 Forum: Aktien User: Ni1976

Cyngn Secures its 18th U.S. Patent in Adaptive Traffic Rule-Based Decision Making for Autonomous Driving Jan 09, 2024 7:05 AM Since August 2023, Cyngn has been granted eight additional patents, bringing the total U.S. patents granted to 18. MENLO PARK, Calif., Jan. 9, 2024 /PRNewswire/ - Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), a developer of Al-powered autonomous driving solutions for industrial applications, today announced the issuance of a new patent, US-11,837,090-B2, for the Company's autonomous vehicle (AV) and driving solutions. This new patent protects Cyngn's novel adaptive traffic rule-based decision making for autonomous driving that aims to optimize driving decisions in the presence of multiple rules or constraints imposed on an autonomous vehicle by its environment. 囗 "As our business continues its upward trajectory, the significance of our patents becomes increasingly evident," said Cyngn's Chairman and Chief Executive Officer, Lior Tal. "These patents are not just legal safeguards; they are the cornerstone of our growth strategy, ensuring that our innovative ideas remain exclusively ours in a competitive market. In essence, they are the protective armor that fortifies our position in the industry, allowing us to confidently forge ahead in our journey of expansion and success." Cyngn provides its customers a seamless way to adopt self-driving technology into their operations without high upfront costs or the need to completely replace existing vehicle investments. Cyngn's patent family is comprised of the following granted patents: