Verified Events
DateTypeCompanyHeadlineSegment
Cyngn reports Q2 autonomous-fleet missions up 45%
- June was a record month for fleet activity across deployed customer operations.
- DriveMod vehicles carry out recurring material-movement workflows at manufacturing and industrial sites.
- DriveMod Tuggers operate established routes and are managed through Cyngn Insight fleet-management software.
AMC Robotics signs $50M equity facility and $3.88M convertible notes
- The company cannot draw on the share facility until an SEC resale registration statement becomes effective.
- Net proceeds are intended for a robotic manufacturing facility targeted for commissioning by November 2026.
- The convertible notes mature one year after issuance and may be repaid in shares under a formula tied to either $4.017 or 92% of recent VWAP.