CYNGN Inc at Ladenburg Thalmann Technology Expo Transcript
I'm pleased to introduce Lior Tal, the CEO of Cyngn.
Hi, everyone here. Let's start. First, I want to point that we are a public company. You can learn more about the risk factors with our filings with the SEC.
Okay. Self-driving is probably one of the most impactful technologies of this generation. And I'm -- personally I'm very excited about seeing autonomous trucks and vehicles on the street. But what we've been seeing in the last year is that despite over $160 billion that have gone into developing this technology, probably still a decade away from any meaningful scale deployment of autonomous vehicles on the road.
During the last seven years when the world was fixated on robo-taxis, we were absolutely focused on deploying the same technologies and the same artificial intelligence into the industrial space. In industrial, we see everything from warehouse, and logistics, manufacturing to heavy industry and mining. The industrial automation opportunity in automating vehicles is a market opportunity
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