- LiDARs have been one of key enablers for autonomous vehicle sector, but this unique technology offers use cases beyond automotive industry
- Consumer Electronics Show, one of the world’s most influential tech events, demonstrates that LiDAR is growing within non-automotive landscape, including smart city/infrastructure and security
- Cepton set to benefit as the Company has already established its presence in non-automotive, delivering LiDAR systems for smart cities, spaces, and industrial applications around the globe
Cepton (NASDAQ: CPTN), a Silicon Valley leader in innovative, high-performance LiDAR solutions, appears well-positioned to benefit as the non-automotive applications of the LiDAR technology grow. LiDAR technology seems to be on its path to move away from the realm of sci-fi-like promises toward real applications and commercialization. While the autonomous vehicle sector strives to make strides in terms of a safe and sustainable driving experience, for which LiDARs are one of the key enablers, the question remains as to what the future holds for this technology beyond the automotive sector?
If the latest Consumer Electronics Show (“CES”) is anything to go by – and it should be, as the event prides itself on being the most influential tech happening in the world – LiDAR has grown in importance not only for the automotive sector but also for…
NOTE TO INVESTORS: The latest news and updates relating to CPTN are available in the company’s newsroom at https://ibn.fm/CPTN
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