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First Transit Partners with Cyngn to Expand Autonomous Mobility Solutions

By partnering with First Transit, Cyngn will be able to more easily identify opportunities to bring its AV technology to their 300+ million passengers.

Luke Renner |

MENLO PARK, Calif. – Cyngn, the industrial autonomous vehicle technology developer, announced a partnership with First Transit, the largest private-sector mobility solutions provider in North America. The partnership will enable First Transit to continue to expand autonomous solutions. 

“The benefit of working with Cyngn is its autonomous (AV) stack technology that can be used across a variety of transit applications,” said Brad Thomas, president of First Transit. “With more than 10 autonomous vehicle pilots already executed, this partnership gives us the ability to expand our autonomous mobility solutions.”

“We are very excited to be embarking on this partnership with First Transit,” said Cyngn’s CEO Lior Tal. “For the last five years, we’ve been developing and deploying autonomous driving retrofits across a variety of industries. By aligning ourselves with First Transit, we are able to find thoughtful opportunities to extend our suite of autonomous solutions across the dozens of other domains in the First Transit portfolio.”

Despite the pandemic, autonomous vehicle development has continued to leap forward at an impressive pace, making Cyngn’s autonomous vehicle capabilities one of the most advanced and flexible in the entire sector. Whether deploying across airports, shipping yards, or industrial warehouses, Cyngn’s AV stack combines in-vehicle sensors, domain-adaptable software, and additional hardware components, bringing autonomous capabilities to multiple industries and vehicle form-factors.

“The first step in bringing autonomy to a new partner’s environment is to launch a rapid deployment,” says Mr. Tal. “Through this process, Cyngn’s engineers help fleet managers develop and deploy a self-driving solution that aligns with their unique requirements or use case. At a minimum, these rapid prototypes lead to a wealth of telemetric information that fleet managers can use to reduce vehicle downtime and increase safety.”

About First Transit:

First Transit, Inc. has more than 60 years of experience and is the largest private-sector provider of mobility solutions in North America, moving more than 300 million passengers annually. First Transit, Inc. provides operation, management, and consulting for more than 300 locations in 39 states, Canada and Puerto Rico for transit authorities, state departments of transportation, municipalities, universities, and private companies. First Transit employs more than 19,000 dedicated transit professionals. For additional information, please visit FirstTransit.com. To see how First Transit is leading the way in shared autonomous vehicle (SAV) initiatives, please visit FirstAV.com.

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).

Investor Contact:

Don Alvarez

Media Contact:

Luke Renner

Forward-Looking Statements:

This 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 SEC, including, without limitation the risk factors discussed in the Company's annual report on Form 10-K filed with the SEC on March 17, 2023. 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.

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