Cyngn Received A Signed Letter Of Intent From A Major Automotive Supplier To Sell And Deploy Multiple DriveMod Tuggers In Early 2025
Portfolio Pulse from Benzinga Newsdesk
Cyngn has received a signed letter of intent from a major automotive supplier to sell and deploy multiple DriveMod Tuggers in early 2025. This development indicates potential future revenue and growth opportunities for Cyngn.
October 31, 2024 | 11:54 am
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Cyngn has secured a letter of intent from a major automotive supplier to sell and deploy DriveMod Tuggers in early 2025, indicating potential future revenue and growth.
The letter of intent from a major automotive supplier suggests a strong future partnership and potential revenue stream for Cyngn. This news is likely to positively impact Cyngn's stock price in the short term as it indicates growth and expansion opportunities.
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