Recent Updates — EXYNW
Exyn Technologies reported second quarter 2026 revenue of $950 thousand and a net loss of $6.9 million, or $1.55 per share. The company also announced a leadership transition effective August 19, 2026, with Brandon Torres Declet resigning as CEO and Chairman. Ben Williams was appointed Interim Chief Executive Officer, and Gregory McNeal became Chairman of the Board. Exyn Technologies operates in the autonomous mapping and perception-driven navigation industry for complex environments.
On August 3, 2026, the Board of Directors adopted a new Non-Employee Director Compensation Program and approved retroactive CEO compensation adjustments. The director program includes annual cash retainers of $40,000 ($60,000 for Lead Independent Director), committee retainers up to $15,000, and equity grants valued at approximately 0.075% of market capitalization (capped at $200,000 annually). Initial grants for new directors are capped at $400,000. The Board granted stock options to purchase 23,200 shares each to four non-employee directors: Jon Ollwerther, Gregory McNeal, Ted Tewksbury, and Michael Burychka. CEO Brandon Torres Declet received a retroactive base salary increase to $482,000 with a target bonus of 75% ($362,000). He was also granted an option for 109,000 shares vesting over four years with a one-year cliff. Exyn Technologies operates in the robotics and artificial intelligence industry.