Exyn
About
About Exyn
Exyn develops autonomous navigation and three-dimensional mapping systems for GPS-denied industrial environments. ExynAI allows aerial robots to explore mines, tunnels and complex facilities beyond direct line of sight, while ExynPak packages lidar, compute and autonomy for mapping on drones, vehicles or handheld configurations.
In July 2026 Exyn reported new deployments with mining operators across North America, South America and Asia, alongside infrastructure-inspection and United States government contracts including the Army Corps of Engineers. The company said several agreements span multiple periods and contribute recurring revenue. Customer names, contract values, unit counts and deployment sites were not disclosed, so the event supports expanding commercial reach without quantifying installed-base scale.
Articles
Products
Operations
Output & shipments
- Customer site
2019-02-26 - Dundee Precious Metals selected A3R for autonomous mapping in its underground gold-mining operations. - A3R - Dundee Precious Metals mining operations
Source
Operating milestones
- Operating milestone
2026-08-14 - Exyn reports more than 1,000 end-user autonomous flights per month across its deployed autonomy platform. - ExynAI-powered customer operations
Source - Operating milestone
2026-07-30 - Tüprag reduced underground scan capture time from about 40 minutes to about five minutes using Exyn Nexys and reported roughly 300% greater survey coverage. - Nexys autonomous underground mapping - Tüprag underground mine
Source
Deployments
- Customer site
2023-05-01 - NSS Canada implemented Exyn autonomous mapping systems at Jaguar Mining operations in Brazil to improve mine safety and efficiency. - single named mining customer deployment - Jaguar Mining operations
Source
Supply
Supply chain relationships
- Intel
Inbound - Compute & Control - ExynPak's preliminary configuration specified an Intel Core i7 control-unit processor
Source - Teledyne FLIR
Inbound - robotics sensors - ExynPak's preliminary configuration specified two FLIR Chameleon3 RGB cameras
Source - Hesai Technology
Inbound - Perception - Exyn identifies Hesai as about 15% of its lidar-scanning-technology purchases
Source - SuNPe
Inbound - Manufacturing Services - Exyn identifies SuNPe as about 29% of its fabrication-services purchases
Source - DJI
Inbound - Drone Components - Exyn identifies DJI as about 5% of its component purchases for drone manufacturing
Source - WORLD Electronics
Inbound - Manufacturing Services - Exyn identifies WORLD Electronics as about 13% of its assembly-services purchases
Source - CHC Navigation
Outbound - Software - Exyn supplies Nexys and ExynAI autonomy software for CHCNAV X500 UAV integration
Source
Funding
- 2024-07-03 - Series B extension - $5M - Exyn announces additional strategic growth funding
PHILADELPHIA, July 3, 2024 (Newswire.com) - Exyn Technologies, a pioneer in multi-platform robotic autonomy for complex, GPS-denied environments, is excited to announce the approval and distribution of $5 million in additional funding aimed at bolstering its… - source: newswire.com
- 2023-09-05 - Series B second close - Exyn closes second tranche of Series B funding
source: exyn.com
- 2022-12-22 - Series B - $35M - Exyn secures $35M Series B funding for autonomous mapping
Exyn raised $35 million in Series B financing. - source: exyn.com
- 2019-07-11 - Series A - $16M - Exyn raises $16M Series A for autonomous aerial robotics
source: prnewswire.com
Investors
- Aero X Ventures - Participant - VC - 1 funding event - first seen 2023-09-05
- C.R. Kennedy - Participant - Unknown - 1 funding event - first seen 2023-09-05
- Centricus - Lead - Unknown - 1 funding event - first seen 2019-07-11
- Corecam Family Office - Participant - Unknown - 1 funding event - first seen 2019-07-11
- In-Q-Tel - Participant - Unknown - 1 funding event - first seen 2019-07-11
- IP Group - Participant - Angel / Individual - 1 funding event - first seen 2019-07-11
- Red & Blue Ventures - Participant - VC - 1 funding event - first seen 2019-07-11
- Reliance Industries - Lead - Angel / Individual - 1 funding event - first seen 2022-12-22
- Reliance Strategic Business Ventures Limited - Participant - VC - 1 funding event - first seen 2024-07-03
- Yamaha Motor Ventures - Participant - VC - 1 funding event - first seen 2019-07-11
Financials
- EXYN - NASDAQ - USD
Team
- Benjamin Williams - Interim Chief Executive Officer - Leads Exyn on an interim basis while retaining continuity across its operations, customers and autonomy programmes.
- Brandon Torres Declet - CEO - Current operating leader for Exyn's geospatial autonomy and autonomous aerial mapping platform.
- Gregory McNeal - Chairman of the Board - Chairs Exyn's board during the company's leadership transition and defence-market focus.
- William Sisson II - Senior Principal Robotics Engineer, Autonomy and Mapping
- Ricardo Sotelo - Chief Financial Officer - current executive leadership
- Vanessa Varian - Chief Marketing Officer - current executive leadership
Timeline
Events
- 2026-10-19 - Partnership - Exyn joins DOE-selected MAP-POD autonomous mining project
MAP-POD combines autonomous robotics, sensing and AI for underground mapping and real-time mineral identification. DOE’s $29.5 million initiative covers 17 selected national-laboratory projects. The proposed contribution extends Exyn’s GPS-denied navigation from mine mapping to ground-vehicle prospecting.
Source - 2026-09-15 - Partnership - Exyn integrates ExynAI with CHCNAV X500 drone
The integrated aircraft provides nearly 30 minutes of autonomous flight for mines, tunnels and industrial plants. ExynAI supplies onboard mapping, navigation and data capture without relying on GPS or a pre-existing map. The programme extends Exyn’s autonomy stack onto another third-party aerial platform as it expands across aerial and ground robots.
Source - 2026-08-19 - Org Change - Exyn appoints Ben Williams interim CEO and Gregory McNeal chairman
Williams had led Exyn's day-to-day operations as chief operating officer and previously served as interim CEO in 2023. McNeal is an independent director with technology-law, policy and public-sector advisory experience. The leadership changes took effect on Aug. 19 and were announced in an Aug. 20 SEC filing and company release.
Source - 2026-08-04 - Deployment - Exyn and UP Caeli Via deploy autonomous ARGOS inspection system at luxury automaker
ARGOS integrates ExynAI autonomy and the Nexys mapping payload on UP Caeli Via’s aerial platform. The deployment supports autonomous inspection and three-dimensional reality capture inside an automotive manufacturing environment. The platform integration was previewed in 2025; the new milestone is use at a commercial customer site.
Source - 2026-07-30 - Deployment - Exyn Nexys cuts Tüprag mine survey capture time from 40 minutes to five
Tüprag reduced capture time per underground scan from approximately 40 minutes to approximately five minutes and now routinely completes five scans per shift. Deployment increased survey coverage by approximately 300% and reduced the measurement errors that had forced repeat scans. Tüprag is expanding Nexys use across its operations after the system mapped previously inaccessible areas and supported identification of additional recoverable ore.
Source - 2026-07-28 - Deployment - Exyn secures mining, infrastructure and government deployments across three continents
Mining deployments cover operators in North America, South America and Asia across gold, silver, copper and critical-mineral sites. Additional contracts support infrastructure inspection and United States government work, including the Army Corps of Engineers.
Source - 2026-07-24 - Market Signal - Exyn prepares autonomous aircraft-sustainment deployment at Warner Robins
An MVP demonstration is planned for October 2026. Operational activities are scheduled for January 2027. Because both milestones are future plans, the event is not represented as a live deployment.
Source - 2026-07-06 - Manufacturing - Exyn discloses four material drone-production suppliers
DJI represented approximately 5% of Exyn's component purchases during the disclosed period. SuNPe represented approximately 29% of fabrication services and Hesai approximately 15% of lidar-technology purchases.
Source - 2026-07-06 - Market Signal - Exyn reports first-quarter 2026 financial results
Revenue declined 2.3% from $1.22 million a year earlier, while gross profit rose 16% and gross margin improved to 42.2% from 35.6%. Operating expenses increased to $3.38 million and net loss widened from $2.58 million in the prior-year quarter. Cash was about $1.1 million at 31 March and about $7.4 million on 6 July after the IPO and repayment of specified obligations.
Source - 2026-06-23 - Org Change - Range becomes Exyn Defense
The subsidiary applies ExynAI to aerial, ground and hybrid robots operating without reliable GPS, communications or external infrastructure. Named application areas include subterranean mapping, infrastructure inspection, reconnaissance, battle-damage assessment and tactical logistics. The dedicated organisation is intended to work with defence agencies, prime contractors, systems integrators and allied partners.
Source - 2026-06-10 - Capability - ExynAI adds automated processing and mapping-quality controls
The release added advanced filtering, improved georeferencing and control-point detection, plus broader QA/QC tools. Workflow changes include batch processing and automation intended to reduce rework between field capture and validated 3D datasets. The software supports air, ground and marine deployments in GPS-denied mines, tunnels, industrial facilities and infrastructure.
Source - 2026-05-19 - Partnership - Exyn defense subsidiary Range advances USSOCOM evaluation pathway
Exyn announced that its defense subsidiary Range executed a Vendor Loan Agreement with USSOCOM. Range also entered an agreement with Asylon Robotics to support autonomous inspection work at the U.S. Air Force Warner Robins Air Logistics Complex. The event marks a defense and industrial pathway for ExynAI autonomy in GPS-denied inspection environments.
Source - 2026-05-18 - Market Signal - Exyn closes $19.4 million Nasdaq initial public offering
Each $7.75 unit comprised one common share and one warrant, producing approximately $19.4 million in gross proceeds before fees and expenses. The common shares and warrants began trading on 15 May 2026; the offering closed on 18 May. Exyn allocated proceeds to growth and working capital, repayment of certain debt and general corporate purposes.
Source - 2024-07-03 - Funding - Exyn announces additional strategic growth funding
The financing supports product development, market expansion and growth of the channel partner network. The capital follows the introduction of Nexys, a modular 3D mapping system for mining, construction and geospatial work.
Source - 2024-06-25 - Partnership - Exyn adds Keystone Precision Systems as its first US-based partner
Named Keystone Precision Systems as its first US-based partner Said the partnership would help deliver the Nexys autonomy and mapping payload to the US market
Source - 2024-02-12 - Product Launch - Exyn unveils Nexys modular autonomy and mapping system
Exyn unveiled Nexys as a modular system for autonomous mapping workflows. The announcement positioned Nexys as part of Exyn's autonomy and mapping product portfolio. Develops autonomous aerial robot systems and related mapping, localization, and autonomy software for GPS-denied, complex, and safety-critical environments.
Source - 2023-09-05 - Funding - Exyn closes second tranche of Series B funding
C.R. Kennedy brings an Australian geospatial distribution network, while Aero X Ventures contributes aerospace and defense expertise. Exyn plans to use the funding for product innovation, new applications and markets, and improvements to its client experience.
Source - 2023-05-01 - Deployment - NSS Canada deploys Exyn systems at Jaguar Mining in Brazil
Exyn systems were implemented at Jaguar Mining to improve mine safety and efficiency The deployment extended Exyn's mining footprint in Brazil through NSS Canada
Source - 2022-12-22 - Funding - Exyn secures $35M Series B funding for autonomous mapping
Exyn raised $35 million in Series B financing. The company disclosed $35 million in Series B capital. The financing supports continued product development, deployment scaling, and commercialization of the company's robotics platform.
Source - 2021-08-12 - Partnership - Exyn and Ascent AeroSystems partner on next-generation UAV solutions
Announced a strategic partnership to build next-generation autonomous UAV solutions Combined Exyn autonomy software with Ascent's UAV hardware
Source - 2021-06-28 - Partnership - Exyn expands with NSS Canada as strategic distributor
Added NSS Canada as a strategic distributor Expanded commercial reach in the Canadian mining market
Source - 2021-01-26 - Facility Opening - Exyn opens its first Canadian office at the NORCAT Underground Centre
The Sudbury location placed engineering and product staff near active mine environments for demonstrations and live testing. The office expanded customer support for operators across Sudbury and Northern Ontario. The expansion followed the ExynAero and ExynPak launches and supported further autonomous-mining product development.
Source - 2020-11-18 - Partnership - Exyn launches in Australia with C.R. Kennedy as distributor
Selected C.R. Kennedy as distributor in Australia Positioned the partnership around autonomous aerial drones for mining and surveying
Source - 2020-10-27 - Product Launch - Exyn launches ExynAero drone and ExynPak mapping products
Exyn announced ExynAero as a fully autonomous drone product. The same product-line expansion introduced ExynPak for portable autonomous mapping workflows. Develops autonomous aerial robot systems and related mapping, localization, and autonomy software for GPS-denied, complex, and safety-critical environments.
Source - 2020-07-20 - Partnership - Sandvik and Exyn agree to explore mine autonomy collaboration
Announced a collaboration to explore new mine-autonomy opportunities The tie-up linked Exyn autonomy with Sandvik's mining equipment footprint
Source - 2019-07-11 - Funding - Exyn raises $16M Series A for autonomous aerial robotics
The $16 million round took Exyn's total funding above $20 million. Centricus led; Yamaha Motor Ventures, In-Q-Tel, Corecam, Red & Blue participated and IP Group reinvested. Exyn said the proceeds would expand commercial reach and accelerate swarming and ground-robot autonomy.
Source - 2019-02-26 - Deployment - Exyn launches A3R commercially with Dundee Precious Metals deployment
Dundee Precious Metals selected Exyn to support digitisation and automation at its underground gold-mining operations. A3R operates without a human pilot, prior map, persistent communications or GPS. The deployment was intended to improve map frequency and quality while reducing personnel exposure underground.
Source
Relations
Relationships
- CHC Navigation
Technology Partner - Exyn integrated Nexys and ExynAI with CHCNAV’s X500 UAV for GPS-denied autonomous flight.
- UP Caeli Via
Platform Partner - ExynAI and Nexys are integrated with UP Caeli Via’s ARGOS autonomous aerial inspection platform.
- Undisclosed global luxury-vehicle manufacturer
Deployment Customer - The ARGOS system using ExynAI and Nexys was deployed at an undisclosed global luxury-vehicle manufacturer.
- Tüprag
Autonomous Mine Survey Deployment - Tüprag uses Exyn Nexys for autonomous underground mapping, cutting survey capture from about 40 minutes to five.
- NSS Canada / Jaguar Mining
Mining Deployment Customer - Exyn autonomous mapping systems were implemented by NSS Canada at Jaguar Mining operations in Brazil.
- Exyn Defense, Inc.
Wholly Owned Defence Subsidiary - Exyn Defense, Inc. is Exyn Technologies’ wholly owned defence-focused subsidiary, renamed from Range in June 2026.
- U.S. Army Corps of Engineers
Government Contract Customer - Exyn reported a United States government contract portfolio that includes work for the U.S. Army Corps of Engineers.
- MAP-POD national-laboratory-led team
Partner - Exyn is part of the MAP-POD team selected for DOE award negotiations and expects to contribute ground-vehicle navigation.
Context
Comparable profiles
- Feima Robotics
stack adjacency - Aerial Mapping Robot Oem
- Differential Robotics
stack adjacency - Aerial Mapping Robot Oem
- C-Astral
stack adjacency - Aerial Mapping Robot Oem
- Superwake
stack adjacency - Aerial Mapping Robot Oem
- Deep Forestry
stack adjacency - Aerial Mapping Robot Oem
Shared workflows
- Near Earth Autonomy
workflow adjacency - GPS Denied Aerial SLAM
- ANELLO Photonics
workflow adjacency - GPS Denied Aerial SLAM
- Ouster
workflow adjacency - LIDAR Navigation Mapping
- SICK AG
workflow adjacency - LIDAR Navigation Mapping
- Hokuyo Automatic Co., Ltd.
workflow adjacency - LIDAR Navigation Mapping
- RoboSense
workflow adjacency - LIDAR Navigation Mapping
- MicroVision
workflow adjacency - LIDAR Navigation Mapping
- Hesai Technology
workflow adjacency - LIDAR Navigation Mapping
- Livox
workflow adjacency - LIDAR Navigation Mapping
- YDLIDAR
workflow adjacency - LIDAR Navigation Mapping
- LightWare LiDAR
workflow adjacency - LIDAR Navigation Mapping
- LSLiDAR
workflow adjacency - LIDAR Navigation Mapping
Context tags
- GPS-denied aerial mapping robotics - Peer Group - Exyn builds autonomous aerial robots for GPS-denied mapping.
- GPS-denied aerial SLAM - Workflow - Exyn performs autonomous SLAM in GPS-denied environments.
- Autonomous indoor aerial mapping - Capability - Exyn provides autonomous indoor aerial mapping.
- Aerial mapping robot OEM - Stack Layer - Exyn builds autonomous aerial mapping robot systems.
- LiDAR navigation and mapping - Workflow - Exyn uses LiDAR for navigation and mapping.
- Underground mining sites - Customer Environment - Exyn operates in underground mining sites.
- Industrial inspection drone builder - Peer Group - Exyn drones are used for industrial inspection applications.
- Unmanned aircraft OEM - Stack Layer - Exyn builds unmanned aircraft systems.
- Indoor industrial sites - Customer Environment - Exyn operates in indoor industrial sites.
- Autonomous flight - Capability - Exyn drones operate autonomously.
