Cyngn Launches Infinitracker – A GPS Asset Tracker and IoT Gateway with 15-year Battery
May 04 2022 - 8:05AM
Business Wire
Cyngn (or the “Company”) (NASDAQ:
CYN), a developer of innovative autonomous driving software
solutions for industrial and commercial applications, today
announced the launch of Infinitracker, a global GPS asset-tracking
device and Internet of things (“IoT”) data collection gateway with
up to 15 years of battery life. The Infinitracker product aligns
with Cyngn’s mission to create new data insights in industrial
domains such as manufacturing, fulfillment, logistics,
construction, and mining.
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Cyngn launches Infinitracker, a global
GPS asset-tracking device and IoT data collection gateway with up
to 15 years of battery life. Source: Cyngn
Infinitracker is designed to attach
to anything you wish to track, such as shipping containers,
pallets, equipment, or vehicles. Attaching Infinitracker to the
asset will allow users to view its precise location, speed,
temperature, and direction of travel. A significant upgrade to
existing asset trackers, Infinitracker comes with a battery that
lasts up to 15 years and can also collect data from other sensors
via Bluetooth.
“As we continued to explore
opportunities where Cyngn can provide substantial value for supply
chain, logistics, and other industrial applications, it was
immediately clear that Infinitracker is the perfect complement to
our industrial vehicle autonomy and data analytics suite,” stated
Lior Tal, Cyngn’s CEO.
“With today’s technology, there is
no reason to have to spend time wondering about the location or
condition of your inventory; global data should be visible to you
in real-time. Infinitracker brings us a new level of asset
visibility with its IoT gateway capabilities and 15-year
‘set-it-and-forget-it’ battery life. We are excited to introduce
Infinitracker as yet another way our customers can benefit from
additional data insights integrated into their operations.”
Using a global SIM card,
Infinitracker pushes data to the cloud from its built-in sensors or
tethered Bluetooth devices anywhere in the world. Users can access
data analytics either through Cyngn’s Infinitracker web portal or
integrate with other asset management systems via API.
Infinitracker is a new value-added
product for the Company’s autonomous vehicle and Cyngn Insight
clients and a simple, cost-effective means for new and potential
clients to explore how the Cyngn Insight analytics platform can
enhance an organization’s operations.
For more information, visit
https://cyngn.com/infinitracker.
About Cyngn Cyngn is an
autonomous vehicle technology company that is focused on addressing
industrial uses for autonomous vehicles. Cyngn believes that
technological innovation is needed to enable adoption of autonomous
industrial vehicles that will address the substantial industry
challenges that exist today. These challenges include labor
shortages, lagging technological advancements from incumbents, and
high upfront investment requirements. Cyngn addresses these
challenges with its Enterprise Autonomy Suite, which includes
DriveMod (modular industrial vehicle autonomous driving software),
Cyngn Insight (customer-facing software suite for
monitoring/managing AV fleets and aggregating/analyzing data), and
Cyngn Evolve (internal toolkit that enables Cyngn to leverage data
from the field for artificial intelligence, simulation, and
modeling).
To learn more, please visit
https://cyngn.com/.
Find Cyngn on: Twitter
LinkedIn YouTube The Advanced Autonomy Podcast
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. 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. Readers are cautioned that it is not possible to predict
or identify all the risks, uncertainties and other factors that may
affect future results.
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version on businesswire.com: https://www.businesswire.com/news/home/20220504005167/en/
Carolyne Sohn Vice President, The Equity Group
csohn@equityny.com (415) 568-2255
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