Cyngn Inc. and Arauco announced the continuation of their partnership with a paid pre-order agreement and plans to deploy at Arauco's facility in Bennettsville, South Carolina. On August 8, Cyngn announced that Arauco made a commitment to purchase 100 DriveMod Forklifts, aament to Arauco's dedication to automating their material handling processes within wood and pulp manufacturing facilities. On August 23, the companies announced the site in Bennettsville, South South Carolina, where the DriveMod Forklifts will first be deployed.

The delivery of the vehicles to Arauco is scheduled to begin in 2024. Collaboratively, Cyngn and Arauco intend to scale the DriveMod autonomous fleet to encompass Arauco's 40+ global locations. The pre-order represents a fraction of Arauco's existing fleet and a significant opportunity for additional orders.

The partnership with Arauco addresses the challenge of automating the handling of heavy loads with non-standard pallet pockets. Arauco anticipates substantial benefits from the DriveMod Forklifts, boasting a remarkable autonomous lift capacity of over 10,000 pounds. The DriveMod Forklifts's novel capabilities stem from Cyngn's development of proprietary computer vision algorithms for pallet attribute detection.

The DriveMod technology also enhances the overall safety of forklift operations, safeguarding the equipment, people, and obstacles by expanding the field of view of the sensors beyond what a human forklift driver can typically see.