Cepton Inc. (NASDAQ: CPTN) provides comprehensive Lidar

NEW YORK, March 04, 2022 (GLOBE NEWSWIRE) — NetworkNewsAudio — Cepton Inc. (NASDAQ:CPTN) announces the availability of a show called “Lidar Paving the Way for Self-Driving Car Safety”.

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Lidar is a technology for determining distances by targeting an object with a laser, bouncing light off it, and measuring the time it takes for the reflected light beam to return to the receiver. The data is then processed to create three-dimensional representations of the surrounding area. It’s like radar using only light waves which produce cleaner scans. Many believe the approach is integral to the future of autonomous vehicles, as its qualities overcome the shortcomings of cameras and radars used in AVs today. The combination of highly efficient lidar and the geometric growth of the AV market has generated tremendous interest in lidar technology companies.

An industry pioneer, Cepton Inc. has differentiated itself from its peers with its innovative MMT (micro-motion) technology that overcomes the challenges that have plagued the Advanced Driver Assistance Systems (ADAS) and AV markets. related to performance, cost, reliability and the vehicle. the integration. Cepton offers a comprehensive portfolio of lidar solutions spanning hardware and software, including state-of-the-art proprietary ASICs and key optoelectronic components.

About Cepton Inc.

Cepton is a Silicon Valley innovator of lidar-based solutions for automotive (“ADAS/AV”), smart cities, smart spaces, and smart industrial applications. With its patented Micro Motion technology (“MMT(R)”), Cepton aims to make lidar mainstream and realize its vision of safe, autonomous transportation for all. Cepton has received the highest known ADAS lidar series production award to date in the industry, based on the number of vehicle models awarded, to support General Motors’ Ultra Cruise program. Cepton is also engaged with all the other top 10 global OEMs. Founded in 2016 and led by industry veterans with decades of collective experience in a wide range of advanced lidar and imaging technologies, Cepton is focused on mass-marketing high-performance, high-quality lidar solutions. Cepton is headquartered in San Jose, CA, and has a Center of Excellence in Troy, Michigan to provide local OEM support and the Tier 1-dotted Metro Detroit area. Cepton is also present in Germany, Canada, Japan, India and China to serve a rapidly growing global customer base.

For more information about the company, visit www.cepton.com.

NOTICE TO INVESTORS: The latest news and updates regarding CPTN can be found in the company’s newsroom at https://ibn.fm/CPTN.

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