Exyn Technologies, Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $46.8M
- Price
- $5.88
- % Change (Daily % change from the live per-ticker quote feed.)
- -0.83%
- Volume
- 69.9K
Quote data as of 5:20 AM ET
About
Exyn Technologies, Inc. operates as a developer and supplier of autonomous robotic systems for both aerial and ground applications, complemented by versatile modular software solutions. Their primary objective is to facilitate advanced mapping, precise localization, and comprehensive inspection within challenging and intricate environments. The company's product line features ExynAero and ExynPak, specifically engineered for the mining sector, alongside the Nexys ecosystem, which offers adaptable autonomy payloads compatible with various airborne and terrestrial platforms. The suite of capabilities they provide encompasses highly accurate, survey-grade 3D mapping, real-time data transmission, digital twin creation, sophisticated post-processing, and automated routine inspections for tasks such as monitoring warehouse operations, tracking structural convergence, and conducting post-blast safety assessments. Furthermore, Exyn supplies modular software and Application Programming Interfaces (APIs), enabling the seamless integration of their autonomous navigation, mapping, and positioning functionalities into external hardware. This capability supports the development of customized solutions and enhanced automation. Their diverse clientele spans critical industries including mining, oil and gas, infrastructure inspection, and data centers. They also cater to original equipment manufacturers (OEMs) and system integrators who require cutting-edge autonomous and mapping technologies. Exyn Technologies, established in 2014, maintains its headquarters in Philadelphia, Pennsylvania.
Quick stats
Shares outstanding8.0M
Computed float0
Float sourceUnknown
Cash runway (months)Unknown
Dilution risk—
Has warrants—
Has convertibles—
Active shelf (Shelf registration (e.g. Form S-3) currently in effect — the company is pre-cleared to issue and sell new shares quickly. A standing dilution risk.)—
Active ATM (At-the-market offering — a program to sell newly issued shares directly into the open market at prevailing prices, diluting existing holders over time.)—
Key info
SectorTechnology
IndustrySoftware - Application
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001960355
Websitehttps://www.exyn.com
AI Summary
AI-generated3d agostandardmixedearningsExyn Technologies Reports First Quarter 2026 Financial Results Successfully Completed Initial Public Offering, and Continued Expansion of ExynAI Across Commercial and Government Markets
Exyn reported Q1 revenue of $1.19 million, down 2.3% year-over-year, while gross profit increased 16% to $0.50 million, driving gross margin expansion to 42.2%.
Despite improved profitability metrics, net loss widened to $3.24 million, or $2.45 per share, due to higher administrative costs associated with preparing for public company operations.
The company successfully completed its IPO in May, raising $19.4 million in gross proceeds, which increased cash balances to $7.4 million as of early July following debt repayment.
Red flags
- Revenue declined year-over-year
- Net loss widened year-over-year
- Quarter-end cash balance ($1.1M) was low relative to operating expenses ($3.38M)
- Negative EPS