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Stock impact report

Cyngn Expanding DriveMod Capabilities to Outdoor Operations In Response to Increased Demand [Yahoo! Finance]

Cyngn Inc. (CYN) 
Company Research Source: Yahoo! Finance
driving solution, DriveMod, will be able to operate in outdoor environments. Organizations will be able to send the DriveMod Tugger on missions that go indoors and outdoors, giving facility managers even more opportunity to automate repetitive workflows and shift employees over to more interesting, higher-value tasks. As modern warehouses and manufacturing complexes grow ever larger—many surpassing 200,000 square feet and spanning multiple buildings—the challenge of efficiently moving materials from point A to point B becomes increasingly complex. By extending DriveMod's capabilities outdoors, Cyngn provides organizations with a solution that eliminates bottlenecks in material movement, from transporting goods between outdoor storage areas to facilitating smoother transitions across multi-building facilities. "One of the biggest pain points businesses face is the wasted time and resources involved in transporting materials between buildings," said Sean Stetson , Cyngn's VP of Engi Show less Read more
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