Cyngn receives U.S. patent allowance for AI-based autonomous driving innovations

Cyngn (NASDAQ:CYN) Wednesday announced the notice of allowance for a new patent related to the company's autonomous vehicle (AV) solutions.

The patent, Modular Sensor System For Automated Guided Vehicles, introduces a modular sensor system that is configured to be coupled to existing industrial machines while making few, if any, modifications to the industrial machine.

The significance of this patent lies in the adjustability of the modular sensor system that may be used with different industrial machines having varied geometries and/or operation constraints, the company said.