Airbiquity Partners with Cyngn to Help Material Handling Companies Evolve Vehicle Fleets into Autonomous Systems
PR90709
SEATTLE, July 22, 2021 /PRNewswire=KYODO JBN/ --
--Technology Partnership Enables Companies to Tap into Gains from Self-Driving
Technology without Replacing Entire Vehicle Fleets
Airbiquity (
)(R), a global leader of connected vehicle services, today announced its
partnership with Cyngn, an autonomous vehicle (AV) technology provider. Cyngn's
flagship product, DriveMod, is an end-to-end autonomy solution that can be
flexibly deployed on multiple vehicle types in various environments. By
integrating Airbiquity's OTAmatic (
)(R) over-the-air software management platform and the Cyngn DriveMod (
) autonomous driving system, organizations can invest in industrial AV
technology that starts generating value today while being prepared to tackle
the challenges of tomorrow. According to Global Market Insights Inc. (
https://www.gminsights.com/industry-analysis/material-handling-equipment-market
), the material handling equipment market is estimated to reach US $200 billion
by 2027.
Photo -
https://mma.prnewswire.com/media/1575837/Cyngn_Airbiquity_Partnership.jpg
Logo - https://mma.prnewswire.com/media/177305/airbiquity_logo.jpg
Industrial AV solutions often require companies to replace their entire
existing vehicle fleet. The Airbiquity and Cyngn partnership shifts that
paradigm. The technology stack that results from this partnership will enable
companies operating in the materials handling market to securely evolve their
vehicle fleets into AV systems that can be updated and refined over time,
leading to increased autonomous fleet management efficiency and up-time.
"On the heels of announcing our OTAmatic expansion into non-automotive industry
vehicles, this partnership is further validation of the need for safe and
secure industrial grade over-the-air software update management technology to
ensure that autonomous vehicles are running most efficiently," said Kamyar
Moinzadeh, President and CEO of Airbiquity. "Working with Cyngn, we have the
opportunity to help guide the future of autonomous vehicles and make our
technology accessible to more industries."
OTAmatic is an over-the-air (OTA) software and data management solution that
securely orchestrates and automates connected vehicle software updates and data
management from the cloud. Businesses use OTAmatic to efficiently plan and
execute OTA campaigns with refined vehicle and device targeting, discrete
policy and privacy controls, customizable user communications, and solution
deployment flexibility.
"Autonomous vehicle fleets generate vast amounts of data, which we leverage to
derive greater insights and create opportunities for increased efficiency,"
said Cyngn's CEO Lior Tal. "By using Airbiquity's most advanced and
industry-proven over-the-air update technology, companies gain access to these
ever-expanding capabilities without disrupting their daily operations."
DriveMod is Cyngn's full-stack autonomous vehicle solution, delivering
intelligent analytics, artificial intelligence, advanced safety features, and
self-driving capabilities for industrial vehicles. The technology is vehicle
agnostic, which means DriveMod works across all kinds of industrial vehicles,
regardless of age, vehicle type, or manufacturer. DriveMod enables fleets of
all shapes and sizes to drive autonomously via a simple retrofit or by being
embedded directly into original equipment manufacturer (OEM) vehicles at
assembly.
Over time and with more data, DriveMod will develop a deeper understanding of
the domains in which it operates. This information, combined with OTAmatic's
over-the-air software updates, will ensure autonomous vehicle fleets continue
to generate novel value and efficiencies.
To learn more about Airbiquity OTAmatic, click here (
).
To see Cyngn DriveMod in action, check out this video (
).
###
About Airbiquity
Airbiquity(R) is a global leader in connected vehicle services and pioneer in
the development and engineering of automotive telematics technology. Always at
the forefront of automotive innovation, Airbiquity develops the industry's most
advanced cloud-based connected vehicle software technology, most recently
over-the-air (OTA) software update and data management with OTAmatic(R).
Working with Airbiquity, automakers and automotive suppliers have deployed
highly scalable, manageable, and secure connected vehicle service programs for
millions of vehicles meeting the needs of their customers in over 60 countries
around the world. Learn more about Airbiquity at www.airbiquity.com or join the
conversation @Airbiquity.
About Cyngn
Cyngn is a Silicon Valley venture-backed company that counts some of the
world's leading institutions among its investors, including Andreessen
Horowitz, Benchmark Capital, Index Ventures, Qualcomm, Telefonica, and more.
Cyngn's flagship innovation is DriveMod, an autonomous driving solution that
can be flexibly deployed on multiple vehicle types in various environments. The
company has been operating autonomous vehicles in production environments since
2017.
CONTACT: Jen Roane, airbiquity@barokas.com
SOURCE: Airbiquity
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