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Cyngn Autonomous Fleet Utilization Increased 45% Quarter Over Quarter

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Growth in missions, distance traveled, and autonomous driving hours reflects increasing utilization across deployed customer operations

MOUNTAIN VIEW, Calif., Oct. 1, 2026 /PRNewswire/ — Cyngn (NASDAQ: CYN) today announced continued growth in the utilization of its autonomous vehicle fleet during the second quarter of 2026, with autonomous missions increasing 45% quarter over quarter and June marking a record month for fleet activity.

The increase was reflected across multiple measures of real-world vehicle utilization. During the second quarter, distance traveled increased 67% quarter over quarter, while autonomous driving hours increased 55%.

The increase comes as Cyngn continues to focus its commercial strategy on moving autonomous vehicles beyond initial deployment and into recurring industrial workflows. Across customer sites, DriveMod vehicles perform repetitive material movement tasks designed to reduce manual transportation work and help facilities operate more efficiently.

“An autonomous vehicle creates the most value when it becomes part of the everyday operation,” said Cyngn CEO, Lior Tal. “What we are seeing across the fleet is increasing utilization as customers incorporate autonomous material movement into their regular workflows.”

Cyngn’s DriveMod Autonomous Tugger is designed for repetitive material movement within manufacturing and industrial facilities. The system operates along established routes and is managed through Cyngn Insight, the company’s fleet management software.

Cyngn has deployed its autonomous vehicle technology across a range of industrial environments. The company is increasingly focused on applications where autonomous material movement can be deployed quickly, repeated consistently, and expanded as customers identify additional routes and workflows.

The second-quarter utilization growth provides another measure of that progression, with increases in missions, driving hours, and distance traveled culminating in record fleet activity during June.

About Cyngn

Cyngn develops and deploys autonomous vehicle technology for industrial organizations like manufacturers and logistics companies. The Company addresses significant challenges facing industrial organizations today, such as labor shortages and costly safety incidents.

Cyngn’s DriveMod technology empowers customers to seamlessly bring self-driving technology to their operations without high upfront costs or infrastructure installations. The DriveMod Tugger hauls up to 12,000 lbs, travels inside and out, and targets a typical payback period of less than 2 years.

Investor Contact:
Natalie Russell
CFO
investors@cyngn.com 

Media Contact:
Luke Renner
Head of Marketing
media@cyngn.com 

Where to Find Cyngn:

Website: https://cyngn.comX: https://x.com/cyngnLinkedIn: https://www.linkedin.com/company/cyngnYouTube: https://www.youtube.com/@cyngnhq

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 Securities and Exchange Commission (SEC), including, without limitation the risk factors discussed in the Company’s annual report on Form 10-K filed with the SEC on March 26, 2026. Readers are cautioned that it is not possible to predict or identify all the risks, uncertainties and other factors that may affect future results. 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.

 

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Comparent Launches The Comparent 100, the Second Annual Ranking of the Largest Vacation Rental Management Companies in the U.S.

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BALTIMORE, Oct. 1, 2026 /PRNewswire/ — Comparent, the leading platform helping vacation rental owners compare and choose the right management partner, is proud to announce the release of The Comparent 100, the second annual ranking of the 100 largest vacation rental management companies in the United States.

Modeled after iconic business rankings like the Inc. 5000 and the Fortune 500, The Comparent 100 shines a spotlight on the companies shaping the future of vacation rental management. The ranking is built from hundreds of hours of research, data collection, and verification, resulting in a definitive snapshot of the industry’s biggest players.

“Vacation rental management has grown into one of the most dynamic segments of hospitality, and last year’s inaugural Comparent 100 established the first definitive benchmark for who the largest operators are,” said Brooke Pfautz, Founder & CEO of Comparent. “With this second annual edition, we are building on that foundation and continuing to set a new standard for visibility, credibility, and recognition within our industry.”

The list offers vacation rental managers, property owners, and investors a unique view into which companies are leading the way in scale, innovation, and impact. With two editions now published, it also allows readers to track how the industry evolves year over year.

The Comparent 100 is published every October, providing an annual opportunity to reflect on growth, consolidation, and emerging trends across the vacation rental sector.

The full list of The Comparent 100 companies can be viewed here: https://comparent.com/top-100-vacation-rental-management-companies

About Comparent

Comparent is the go-to platform for vacation homeowners seeking the right property manager for their short-term rental. The company’s cutting-edge platform enables homeowners to compare trusted property managers and brings transparency to the process by showcasing reviews, performance statistics, and accolades from across the industry. Comparent aims to be the ultimate resource for homeowners researching property managers and a premier platform for managers to showcase their expertise. Learn more at Comparent.com.

Media Contact:

Rob Holderness
423878@email4pr.com 
(208) 219-7038

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Parks Associates: Managed Connectivity Is Becoming Essential Infrastructure For The Modern Multifamily Experience

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New Parks Associates white paper, developed in partnership with Calix, examines the role of reliable connectivity, cybersecurity, smart home services, and stronger resident experiences

PLANO, Texas, Oct. 1, 2026 /PRNewswire/ — New research from Parks Associates, released in partnership with Calix, highlights how resident expectations and the influx of connected devices are pushing broadband in multifamily properties from a basic utility into a platform supporting the entire resident experience. Beyond Connectivity: Securing the Modern Resident Experience examines how multifamily properties can build a resident-centered managed connectivity experience that supports connected devices, bandwidth-intensive applications, property operations, and future services.

“Managed connectivity gives multifamily properties an opportunity to think beyond simply providing internet access,” said Elizabeth Parks, President and CMO, Parks Associates. “The network is the foundation for a broader resident experience, supporting work, entertainment, smart home devices, security, and new digital services. Reliability, simplicity, and security are critical as these environments become more connected.”

Today’s residents expect internet that is available at move-in, performs consistently across a growing number of devices, works well throughout the property, and protects their personal information and connected home. The research highlights several trends driving investment in managed connectivity:

The average US household has approximately 17 connected devices, increasing demands on the home network.49% of US internet households own at least one smart home device, creating additional opportunities for properties to support connected services.29% of consumers ages 65-74 and 25% of those 75+ are interested in smart amenity packages, including video doorbells, smart locks, thermostats, and safety and monitoring devices.Residents with in-unit routers or gateways report fewer technical issues and higher internet NPS than residents relying on shared gateways.Whole-home cybersecurity is associated with higher provider satisfaction, with users of these services reporting an NPS of 46 for their home internet provider.

“As digital experiences continue to be an essential part of everyday life, connectivity and cybersecurity will increasingly influence resident satisfaction, retention, and property value,” said Jess Parsons, Area Vice President, Marketing, Calix. “The multifamily opportunity is no longer simply to connect residents. It’s to help property owners create trusted, connected experiences for a more digital, AI-driven world while reducing operational friction and strengthening the value of their communities.”

Managed networks can also simplify one of the most important moments in the resident journey: move-in. Instant-on connectivity eliminates installation appointments and equipment delays and allows residents to connect their devices immediately.

The research recommends that properties design for reliability, prioritize the in-unit network experience, simplify activation, provide visible support, and build trust through transparency and cybersecurity. Together, these capabilities position managed connectivity as an increasingly important foundation for the connected multifamily property and the next generation of resident services.

Beyond Connectivity: Securing the Modern Resident Experience is published by Parks Associates in partnership with Calix.

About Parks Associates

Parks Associates helps companies identify new opportunities, refine strategy, and accelerate growth in connected technology markets through data-driven insights and industry expertise. With more than 40 years of experience, the firm delivers proprietary consumer and industry research, market forecasts, and strategic analysis that guide business decisions across personal, connected home, small business, and commercial technology ecosystems.

About Calix

Calix, Inc. is an AI platform company that enables service providers to transform their operations and accelerate delivery of differentiated experiences—so they can compete and win in the markets and communities they serve.

Through the AI-native Calix One platform, service providers can securely and privately activate agentic-AI alongside their human teams to acquire new subscribers, grow existing subscriber revenue, and build loyalty across residential, business, municipal, and MDU markets. More than 1,200 customers of all sizes leverage the Calix One platform, which has evolved over 15 years at an investment of more than $2 billion.

Calix innovation cycles are underpinned by a strong financial balance sheet and a people first culture that routinely earns broad industry recognition—winning 81 culture and innovation awards since 2025 alone, as well as Fortune’s 100 Best Companies to Work For® in 2026.

Media Contact:
Mindi Sue Sternblitz-Rubenstein
Parks Associates
972.490.1113
423893@email4pr.com

 

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SaponiQ Launches Vertically Integrated Botanical Body Care to Fill the Space Between Soap and Skincare

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Made from scratch in SaponiQ’s own U.S.-based cold-process production facility, SaponiQ introduces six botanical cleansing bars that bring skincare-inspired ingredient thoughtfulness, sensory experience, and effortless choice to everyday cleansing without the complexity of a multi-step regimen.

RICHARDSON, Texas, Oct. 1, 2026 /PRNewswire/ — SaponiQ, a new premium botanical body-care brand and Go Texan Product Partner, announces the launch of six cold-process botanical cleansing bars created to fill a growing gap in personal care: between traditional soap designed primarily to cleanse and increasingly complex body-care routines that borrow multiple products and steps from facial skincare.

Instead of asking consumers to add another serum, treatment, or post-shower step, SaponiQ brings organic plant-based ingredients, botanicals (such as aloe and turmeric), activated charcoal, essential oils, and sensory experience into the cleansing bar itself. Its debut collection, Awake, Balance, Restore, Purify, Radiance, and Natural, lets customers choose a bar based on the experience someone wants from their shower, rather than only by fragrance, ingredient, or skin concern.

The launch comes as body care undergoes its own “skinification,” with facial-skincare ingredients and targeted treatments increasingly moving below the neck. At the same time, consumers are looking to simplify their routines. According to the 2026 Beauty Reset from NielsenIQ and CEW UK, 52% of global consumers and 62% of Gen Z are willing to pay more for products that make tasks easier or less time-consuming.

Rather than adding another step, SaponiQ puts the ingredients and sensory experience into the cleansing step itself while controlling how those products are made. Unlike brands that outsource manufacturing, SaponiQ makes every bar from scratch in its own U.S.-based cold-process production facility, with no pre-made soap bases. Its formulas are vegan, cruelty-free, non-GMO, paraben-free, and made without synthetic fragrance.

Using the cold-process method, ingredients are blended before each batch is poured, unmolded, cut, and cured for four weeks for hardness, longevity, and quality.

“My engineering background taught me to question every part of a system: why it’s there, what it’s doing, and whether there’s a better way to do it,” said Sandy Palisch, founder of SaponiQ. “When I looked at body care, I saw innovation becoming synonymous with adding more products and more steps. I wanted to apply that same engineering mindset to something much simpler: how much better can we make the cleansing step itself?”

Palisch brings an unconventional background to beauty. An electrical engineer and former fighter jet designer, she discovered handcrafted soap in 2013 and became fascinated by its chemistry, eventually building her own bath-and-body manufacturing operation. The name SaponiQ reflects that intersection. “Sapon” comes from sapo, the Latin root for soap, while “IQ” represents the brand’s engineering-minded approach to formulation.

The collection applies that same thinking to product selection, with bars starting at $22 each. Awake with fresh mint, Balance with aloe, Restore with mineral spa salts, Purify with activated charcoal, Radiance with turmeric, and Natural for uncomplicated simplicity.

Together, the six bars offer a new proposition for one of personal care’s oldest formats: more than basic soap without turning body care into another multi-step skincare routine.

Launching ahead of the holiday season, SaponiQ also offers gift-ready ways to discover the collection for everyone on your list. Individual full-size botanical cleansing bars are $22 each, a five-bar Botanical Discovery Set is $26, and two curated collections featuring three full-size bars are $62 each. All are available at SaponiQ.com.

About SaponiQ

SaponiQ is a vertically integrated botanical body-care brand founded by electrical engineer, former fighter jet designer, and soapmaker Sandy Palisch. A proud GO TEXAN Product Partner, SaponiQ manufactures its products from scratch at its cold-process production facility in Richardson, Texas.

Their small-batch cleansing bars combine plant-based ingredients, botanicals, essential oils, and a four-week cure with an experience-led approach to everyday cleansing. For more information, visit SaponiQ.com.

Media Contact

Sandy Palisch
Founder, SaponiQ
423762@email4pr.com 
+1 469-500-9013

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