Cyngn's Autonomous DriveMod Tugger Fully Deployed at Coats, Unlocking 500+ Labor Hours

, /PRNewswire/ -- Cyngn Inc. (Nasdaq: CYN) today announced the successful operational deployment of its DriveMod Tugger at Coats Company, the largest full-line wheel service equipment manufacturer in North America with over 70 years of industry expertise. The deployment is now live at Coats' 150,000+ square foot manufacturing facility in La Vergne, Tennessee, where Cyngn's autonomous DriveMod Tugger is automating the transport of wheel service components across production lines.Watch the full case study video here: https://www.cyngn.com/coats Cyngn announced the successful operational deployment of its DriveMod Tugger at Coats Company, the largest full-line wheel service equipment manufacturer in North America with over 70 years of industry expertise. The deployment is now live at Coats’ 150,000+ square foot manufacturing facility in La Vergne, Tennessee, where Cyngn’s autonomous DriveMod Tugger is automating the transport of wheel service components across production lines. A coats employee sends Cyngn's autonomous DriveMod Tugger to its next station. The on-vehicle display is one of several ways to control the vehicle. This follows the announcement in January of this year of the initiation of the production deployment at the site. Since implementation, the autonomous vehicle has already freed up more than 500 hours of labor by reducing manual hauling and enabling team members to focus on higher-value tasks. "I wish we would have found it sooner," said Steven Finley, VP of Operations at Coats. "The DriveMod Tugger is a normal part of our operation. The people here enjoy working with it — it provides a consistency to material delivery that they've grown accustomed to. It's safe, it's secure, it's efficient, and it really is an easy implementation. Everyone works with it like it's been an employee here forever."This deployment reflects the growing demand for automating high-uptime manufacturing in the automotive sector and illustrates how Cyngn's DriveMod vehicles integrate into real-world environments to unlock immediate labor and efficiency gains."We look for opportunities to do things better, faster, safer — all part of becoming fast and flexible manufacturing," Finley added. "Cyngn's Tugger was a great example of that. It does what you want it to do over and over again, and that consistency helps people plan and execute their work more effectively."The automotive sector ranked among the top adopters of industrial robotics in 2023, highlighting the growing demand for intelligent automation, particularly in moving heavy parts across manufacturing floors. With this successful deployment, Cyngn continues to deliver scalable autonomous solutions tailored to the evolving demands of the industry. For more information on Cyngn's DriveMod Tuggers, visit cyngn.com/vehicles/autonomous-tugger.About CyngnCyngn develops and deploys autonomous vehicle technology for industrial organizations like manufacturers and logistics companies. The Company addresses significant challenges facing industrial organizations today, such as labor shortages and costly safety incidents.Cyngn's DriveMod technology empowers customers to seamlessly bring self-driving technology to their operations without high upfront costs or infrastructure installations. DriveMod is currently available on Motrec MT-160 Tuggers and BYD Forklifts.The DriveMod Tugger hauls up to 12,000 lbs, travels inside and out, and targets a typical payback period of less than 2 years. The DriveMod Forklift lifts heavy loads that use non-standard pallets and is currently available to select customers. For all terms referenced within, please refer to the Company's annual report on Form 10-K with the SEC filed on March 6, 2025.Investor Contact:Natalie Russell Chief Financial Officer[email protected]Media Contact:Luke RennerHead of Marketing[email protected]Where to Find Cyngn: Website: https://cyngn.com X: https://x.com/cyngn LinkedIn: https://www.linkedin.com/company/cyngn YouTube: https://www.youtube.com/@cyngnhq Forward-Looking StatementsThis 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 Securities and Exchange Commission (SEC), including, without limitation the risk factors discussed in the Company's annual report on Form 10-K filed with the SEC on March 6, 2025. 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.SOURCE Cyngn WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

Cyngn's Autonomous DriveMod Tugger Fully Deployed at Coats, Unlocking 500+ Labor Hours

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