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EXYN Exhibit 99.1 Exyn Technologies Reports Second Quarter 2026 Financial Results Highlights Continued Progress Executing Defense Strategy , Expands U.S. Government Engagement and Continued Commercial Deployment of ExynAI PHILADELPHIA , PA , Aug. 19 , 2026 ( GLOBE NEWSWIRE ) – Exyn Technologies ( " Exyn " or the " Company " ) ( NASDAQ : EXYN , EXYNW ) , a leader in autonomous mapping and perception - driven navigation for complex , GPS - denied environments , today announced financial results for the second quarter ended June 30 , 2026 . Recent Strategic Highlights : Advanced its defense strategy by rebranding its government subsidiary as Exyn Defense and initiating the Green UAS certification process for the Nexys autonomous mapping platform , strengthening the Company's position to expand deployments across the U.S. Department of War , federal agencies , and allied organizations . Expanded into the multibillion - dollar defense sustainment market through an agreement supporting autonomous aircraft inspection and digital twin initiatives at the U.S. Air Force's Warner Robins Air Logistics Complex . Strengthened its position within the U.S. government market after Nexys was selected by a leading U.S. government research and engineering organization following a competitive evaluation against commercial LiDAR systems . During the first half of 2026 , Exyn secured new customer contracts across mining , infrastructure , and U.S. government sectors spanning three continents , including the U.S. Army Corps of Engineers , reflecting accelerating demand for autonomous mapping in GPS - denied environments . Second Quarter 2026 Financial Results : Revenue was $ 950 thousand for the second quarter of 2026 , compared with $ 1.4 million in the prior - year period , reflecting the timing of customer deployments and project revenue recognition . Cost of revenues decreased 37.4 % to $ 504 thousand , compared with $ 806 thousand in the second quarter of 2025 .