Form 8-K

8-K — Exyn Technologies, Inc.

Accession: 0001104659-26-099041

Filed: 2026-08-20

Period: 2026-08-19

CIK: 0001960355

SIC: 7372 (SERVICES-PREPACKAGED SOFTWARE)

Item: Results of Operations and Financial Condition

Item: Regulation FD Disclosure

Item: Financial Statements and Exhibits

Documents

8-K — tm2623054d1_8k.htm (Primary)

EX-99.1 — EXHIBIT 99.1 (tm2623054d1_ex99-1.htm)

EX-99.2 — EXHIBIT 99.2 (tm2623054d1_ex99-2.htm)

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported):

August 19, 2026

EXYN TECHNOLOGIES, INC.

(Exact name of registrant as specified in its

charter)

Delaware

001-43296

47-2345934

(State or other jurisdiction

of incorporation)

(Commission

File Number)

(IRS Employer

Identification No.)

2118 Washington Avenue, Suite 1000

Philadelphia, Pennsylvania

19146

(Address of principal executive offices)

(Zip Code)

(215) 999-0200

(Registrant’s telephone number, including

area code)

Check the appropriate box below if the Form 8-K is intended to simultaneously

satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading

Symbol

Name of each exchange

on which registered

Common stock, par value $0.0001 per share

EXYN

The Nasdaq Stock Market LLC

Warrants, each warrant exercisable for one share of common stock at an exercise price of $9.69

EXYNW

The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth

company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange

Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company x

If an emerging growth company, indicate by check mark if the registrant

has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant

to Section 13(a) of the Exchange Act. ☐

Item

2.02

Results of Operations and Financial Condition.

On August 19, 2026, Exyn Technologies, Inc. (the

“Company”) issued a press release announcing its financial results for the second quarter ended June 30, 2026. A copy of the

press release is furnished as Exhibit 99.1 to this report.

The information in Item 2.02 of this Current Report on

Form 8-K, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the

Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the

Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act, except as shall be expressly set forth by specific reference in such

filing.

Item 7.01 Regulation FD Disclosure.

On August 20, 2026, the Company issued a press release announcing

the appointment of Benjamin Williams as Interim Chief Executive Officer and Gregory McNeal as Chairman of the Board of Directors,

following the resignation of Brandon Torres Declet as Chief Executive Officer and Chairman of the Board of Directors, in each case effective

August 19, 2026. A copy of the press release is furnished herewith as Exhibit 99.2 to this report.

The information in Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.2, shall not be deemed “filed” for purposes

of Section 18 of the Exchange Act, or incorporated by reference in any filing under the Securities Act or the Exchange Act, except as

shall be expressly set forth by specific reference in such filing.

Item

9.01

Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.

Description of Exhibits

99.1

Press Release dated August 19, 2026.

99.2

Press Release dated August 20, 2026.

104

The cover page from this Current Report on Form 8-K, formatted in Inline XBRL.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934,

the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: August 20, 2026

Exyn Technologies, Inc.

By:

/s/ Pedro Ricardo Sotelo

Name: Pedro Ricardo Sotelo

Title: Chief Financial Officer

EX-99.1 — EXHIBIT 99.1

EX-99.1

Filename: tm2623054d1_ex99-1.htm · Sequence: 2

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.

· Gross

profit was $445 thousand, compared with $552 thousand in the prior-year period.

· Gross

margin increased 630 basis points to 46.9%, compared with 40.6% in the second quarter of

2025, driven by improved project mix and lower cost of revenues relative to revenue.

· Net

loss was $6.9 million, or $1.55 per basic and diluted share, compared with a net loss of

$2.9 million, or $2.22 per basic and diluted share, in the prior-year quarter.

· Cash

and cash equivalents were approximately $7.8 million as of June 30, 2026, compared to

$812 thousand as of December 31, 2025.

“The second quarter marked an important milestone in Exyn's

evolution as we accelerated our expansion into defense while continuing to strengthen the core technology that differentiates our

business,” commented Ben Williams, Chief Operating Officer of Exyn Technologies. “Having

successfully completed our initial public offering in May 2026, we are now focused on executing our growth strategy, working to

expand top-line revenue, increasing software and subscription adoption, and scaling our platform across commercial and defense

markets. At the heart of Exyn is ExynAI, our proprietary, hardware-agnostic autonomy platform that enables robots to operate

independently in GPS-denied, communications-contested, and other complex environments where traditional systems cannot. We believe

this technology represents a significant competitive moat, built through years of real-world deployments and millions of autonomous

decisions across demanding industrial applications. That same autonomy engine powers our Nexys platform today and can be licensed to

third-party manufacturers through our software development kit and application programming interface, enabling them to integrate

Level 4B autonomy directly into their platforms without developing autonomy from scratch. This software-first model is intended to

create the opportunity for high-margin, recurring revenue while allowing us to scale across an expanding installed base of

third-party systems. While second-quarter revenue reflected the timing of customer deployments, we continued to increase the

contribution of higher-margin software and subscription revenue, driving gross margin expansion and reinforcing our strategy of

building a scalable, recurring revenue business.”

“As governments increasingly prioritize

autonomous capabilities, we believe the same technology proven in mining, infrastructure, and industrial environments is uniquely suited

for defense and national security missions. Our recent launch of Exyn Defense, progress toward Green UAS certification, and growing engagement

with U.S. government customers reinforce our conviction that defense represents one of the largest long-term growth opportunities for

Exyn. Our commercial business continues to validate and strengthen ExynAI through real-world deployments, reinforcing the technology

moat that is defined to differentiate our platform while creating capabilities that we believe translate directly into defense applications.

Looking ahead, we expect commercial execution, expanding software and subscription revenue, and continued momentum in our defense initiatives

to support revenue growth in the second half of the year while further improving the quality of our revenue mix.”

About Exyn Technologies

Exyn Technologies (NASDAQ: EXYN, EXYNW)

is a leader in autonomous mapping and perception-driven navigation for complex, GPS-denied environments. The Company’s technology

enables teams to capture accurate 3D data in environments that are dark, disconnected, hazardous, or difficult to access. Exyn’s

solutions support customers across mining, construction, infrastructure, geospatial, industrial, government, and defense applications.

For more information, visit www.exyn.com.

Forward-Looking Statements

This press release contains forward-looking

statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical

fact contained in this press release are forward-looking statements, including statements regarding Exyn’s SLAM technology and

its potential benefits, the speed and accuracy of data collection, any potential cost savings or operational benefits to be achieved

by Exyn’s clients; the Company’s expectations regarding commercial execution, expanding software and subscription revenue,

and revenue growth; and the Company’s expectations regarding market growth and future commercial or strategic opportunities.

These forward-looking statements are

based on current expectations, estimates, projections, assumptions, and beliefs of the Company’s management, including assumptions

regarding market demand, customer adoption, technology performance, procurement activity, defense and government spending, competitive

conditions, third-party market forecasts, and the Company’s ability to execute its strategy. Forward-looking statements are inherently

subject to known and unknown risks, uncertainties, and other important factors that may cause actual results, performance, or achievements

to differ materially from those expressed or implied by such statements. These risks and uncertainties include, among others, Exyn’s

ability to commercialize and deploy Exyn Nexys and other autonomy solutions; adoption of autonomous robotics and 3D mapping solutions;

product performance, safety, cybersecurity and integration in GPS-denied and other complex environments; defense, OEM, industrial and

government customer purchasing decisions; defense priorities, budgets, procurement processes and contract timing; the Company’s

ability to convert initial deployments into additional or recurring business; Exyn’s ability to raise substantial additional funds

in the future; competition, technological change, supply chain, manufacturing, regulatory, export-control and government-contracting

risks; IP protection; and the other risks and uncertainties described in the Company’s filings with the U.S. Securities and Exchange

Commission.

Forward-looking statements can generally

be identified by words such as “anticipates,” “believes,” “designed,” “expects,” “forecasts,”

“intends,” “may,” “plans,” “potential,” “projects,” “seeks,”

“should,” “targets,” “will,” “would,” and similar expressions, although not all forward-looking

statements contain these identifying words. You should not place undue reliance on forward-looking statements, which speak only as of

the date they are made. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result

of new information, future events, or otherwise, except as required by applicable law.

Media Contact

Vanessa Varian

Exyn

vvarian@exyn.com

Investor Contact

Crescendo Communications, LLC

exyn@crescendo-ir.com

(212) 671-1020

EX-99.2 — EXHIBIT 99.2

EX-99.2

Filename: tm2623054d1_ex99-2.htm · Sequence: 3

Exhibit 99.2

Exyn Technologies Appoints Ben Williams as

Interim Chief Executive Officer and Gregory McNeal as Chairman of the Board

Veteran Leadership Team Aligns Company with

Accelerating Defense Strategy

PHILADELPHIA, PA, August 20, 2026 – 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 that its Board of Directors has appointed Ben Williams, the Company’s Chief

Operating Officer, as Interim Chief Executive Officer, and Gregory McNeal, an independent member of the Board, as Chairman of the Board,

effective August 19, 2026. These appointments follow the resignation of Brandon Torres Declet as Chief Executive Officer and Chairman,

as disclosed in the Company’s Form 10-Q, as amended. Mr. Williams has led Exyn’s day-to-day operations as Chief

Operating Officer, providing continuity of leadership across the Company’s operations, customers, and programs.

The appointments place two military veterans with deep experience

across defense, aerospace, and advanced technology at the helm of the Company as Exyn accelerates its expansion into the defense and

national security markets. This strategy has gained significant momentum and growing deployments across U.S. and allied government programs

in recent months, including an agreement supporting autonomous aircraft inspection at the U.S. Air Force’s Warner Robins Air Logistics

Complex, the selection of Nexys by a leading U.S. government research organization following a competitive evaluation, the ongoing Green

UAS certification process, and the formation of a Defense Advisory Board whose inaugural member is former Pentagon official and Green

Beret Andrew Knaggs.

Mr. Williams has served as Exyn’s Chief Operating Officer

since 2019, where he has overseen the Company’s operations, product strategy, and commercialization efforts, including thousands

of autonomous missions completed in underground mines, tunnels, industrial facilities, and other GPS-denied environments worldwide. He

previously served as the Company’s interim Chief Executive Officer from June 2023 to November 2023. Prior to joining

Exyn, Mr. Williams served as an officer in the U.S. Navy for nearly six years, including two combat tours, held critical roles at

Lockheed Martin, where he helped establish the company’s New Ventures division, and co-founded Reelio, Inc., a venture-backed

technology company acquired by Fullscreen Media, then a division of AT&T. He holds a degree in Computer Science and Engineering from

the University of Pennsylvania and an MBA from The Wharton School, and completed the U.S. Navy’s Nuclear Power training program.

Mr. McNeal has served as an independent director of Exyn and

chairs the Company’s Defense Advisory Board. A veteran of the U.S. Army, where he served as a Signal Corps officer responsible

for secure military communications networks, Mr. McNeal co-founded AirMap, a multinational aerospace and defense software company

recognized by Fast Company as one of the “World’s Most Innovative Companies,” which was subsequently acquired. He also

served as Executive Chairman of SailPlan, a maritime artificial intelligence company, through its growth and acquisition. Mr. McNeal

is a tenured professor of law and public policy and has advised the White House, the Department of Defense, the Department of State,

and federal regulatory agencies on matters of technology law and policy, including multiple Federal Aviation Administration rulemaking

committees governing unmanned aircraft systems.

“Exyn’s technology has been proven over years of real-world

deployments in the most demanding environments on earth, and the opportunity in front of us, particularly in defense and national security,

has never been greater,” said Gregory McNeal, Chairman of the Board of Exyn Technologies. “Ben has been instrumental in building

Exyn’s operations and commercial momentum, and he brings the operational discipline, technical depth, and mission-driven leadership

this Company needs as we align the organization around our defense strategy. At the same time, the Board is firmly committed to maintaining

the highest standards of corporate governance, transparency, and accountability. As a newly public company, we are continuing to strengthen

our internal controls, financial procedures, and oversight functions to ensure they match the caliber of our technology and the trust

our shareholders place in us. Disciplined execution and rigorous governance will define Exyn going forward.”

“I’m honored to lead Exyn at such a pivotal moment for

the Company,” said Ben Williams, Interim Chief Executive Officer of Exyn Technologies. “ExynAI is a battle-tested autonomy

platform with thousands of missions behind it, and the same capabilities that transformed how our commercial customers operate in mining

and infrastructure translate directly to defense and national security applications. With active programs across U.S. and allied government

customers and a team of world-class engineers, we are focused on executing our growth strategy, expanding software and subscription revenue,

and scaling ExynAI across commercial and defense markets. I look forward to working closely with Greg and the entire Board as we build

on Exyn’s foundation and pursue the significant opportunities ahead.”

About Exyn Technologies

Exyn Technologies (NASDAQ: EXYN, EXYNW) is a leader in autonomous

mapping and perception-driven navigation for complex, GPS-denied environments. The Company’s technology enables teams to capture

accurate 3D data in environments that are dark, disconnected, hazardous, or difficult to access. Exyn’s solutions support customers

across mining, construction, infrastructure, geospatial, industrial, government, and defense applications. For more information, visit

www.exyn.com.

Forward-Looking Statements

This press release contains forward-looking statements within the

meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact contained in

this press release are forward-looking statements, including statements regarding the Company’s leadership transition and its anticipated

benefits; the Company’s defense strategy and expansion into defense and national security markets; the Company’s efforts

to strengthen its internal controls, financial procedures, and corporate governance; and the Company’s expectations regarding commercial

execution, expanding software and subscription revenue, revenue growth, and future commercial or strategic opportunities.

These forward-looking statements are based on current expectations,

estimates, projections, assumptions, and beliefs of the Company’s management. Forward-looking statements are inherently subject

to known and unknown risks, uncertainties, and other important factors that may cause actual results, performance, or achievements to

differ materially from those expressed or implied by such statements. These risks and uncertainties include, among others, risks related

to the Company’s leadership transition; the Company’s ability to continue as a going concern and to raise substantial additional

funds in the future; the outcome of matters disclosed in the Company’s Quarterly Report on Form 10-Q, as amended, including

matters arising from the Audit Committee’s internal investigation and the Company’s remediation of identified material weaknesses

in internal control over financial reporting; Exyn’s ability to commercialize and deploy Exyn Nexys and other autonomy solutions;

adoption of autonomous robotics and 3D mapping solutions; defense, OEM, industrial and government customer purchasing decisions; defense

priorities, budgets, procurement processes and contract timing; competition, technological change, supply chain, manufacturing, regulatory,

export-control and government-contracting risks; and the other risks and uncertainties described in the Company’s filings with

the U.S. Securities and Exchange Commission. The Company undertakes no obligation to update or revise any forward-looking statements,

whether as a result of new information, future events, or otherwise, except as required by applicable law.

Media Contact

Vanessa Varian

Exyn

vvarian@exyn.com

Investor Contact

Crescendo Communications, LLC

exyn@crescendo-ir.com

(212) 671-1020

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Name of the Exchange on which a security is registered.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef

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Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

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Trading symbol of an instrument as listed on an exchange.

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Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

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