Cyngn Inc. secured a multi‑vehicle expansion order from G&J Pepsi, the largest independent Pepsi bottler in the United States. The order extends the DriveMod Tugger program beyond the single‑plant deployment announced in October and will add autonomous tugger units to additional sites across the company’s Ohio and Kentucky network.
The DriveMod Tugger is a compact autonomous vehicle that can haul up to 12,000 pounds and operates both indoors and outdoors. G&J Pepsi has reported that the Tugger delivers a payback period of less than two years, a metric that has driven the decision to expand the fleet. The new order will generate recurring revenue from additional vehicle licenses and supports Cyngn’s “land and expand” strategy.
G&J Pepsi serves more than 650 products and employs roughly 1,900 people. The company’s decision to add more Tugger units before finalizing facility assignments signals confidence in the technology’s performance and its ability to integrate cleanly into existing workflows.
Cyngn’s quarterly results show the company remains unprofitable, reporting a net loss of $8.4 million on revenue of $70,000 in the most recent quarter, compared with a $5.4 million loss on $47.6 thousand in the same period a year earlier. Investors have responded cautiously, focusing on the company’s ongoing losses and cash runway rather than the new order.
CEO Lior Tal said the expansion reflects growing confidence in autonomy as a strategic capability, noting that customers are committing to additional vehicles before assigning specific roles. G&J Pepsi VP Jeff Erwin added that the program’s consistent performance and scalability have convinced the bottler to accelerate deployment across its network.
The order demonstrates traction for Cyngn’s autonomous platform but also underscores the company’s need to achieve profitability. While the expansion will increase recurring revenue, the broader financial picture remains a concern, suggesting that the company’s growth strategy must be balanced with cost discipline and a clear path to positive earnings.
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