Philadelphia-based Exyn Technologies, a company developing autonomous mapping and perception-driven navigation for GPS-denied environments, recently launched a series of commercial deployments in the mining, infrastructure and government sectors.
The company had multiple new customer deployments with mining operators in North America, South America and Asia during the first half of the year as well as additional contracts supporting infrastructure inspection and U.S. government initiatives. Many of the deployments are multi-period and will contribute to the company’s annual recurring revenue.
“Our commercial momentum continues to build as organizations increasingly recognize the operational value of true autonomous navigation and mapping,” Brandon Torres Declet, Exyn Technologies CEO, said. “These new deployments expand our global customer base while demonstrating the versatility of our platform across mining, critical infrastructure, and government applications. We believe this growing adoption validates both our technology leadership and the significant long-term opportunity for autonomous operations in complex industrial environments, and we believe it positions Exyn for strong growth in the coming months and years as we continue to expand our base of recurring revenue.”
Exyn’s autonomous mapping technology enables customers to capture high-precision spatial data safely in underground, hazardous and GPS-denied environments and enables aerial and ground-based robotic systems to operate without GPS, communications infrastructure or human pilots.