Cepton, Inc. (NASDAQ: CPTN) Poised to Become World’s Go-to Lidar Supplier for Auto Industry; Partnership with Fabrinet Marks New Milestone in Pursuit of Leadership

August 3, 2022 08:50:00
  • Cepton has selected Fabrinet, a leading-edge provider of precision optical, electro-mechanical and electronic manufacturing services, to produce its flagship automotive-grade Vista(R)-X90 lidar
  • Partnership with Fabrinet, known for its advanced manufacturing capabilities and deep precision-manufacturing expertise, allows Cepton to advance on its path toward making lidar an essential part of consumer vehicles
  • This collaboration marks a strategic milestone as it allows Cepton to accelerate production and drive the company’s growth at scale

“At Cepton, our goal is to be the world’s go-to supplier of automotive lidar solutions, and working with an OEM-trusted and validated manufacturing partner is a crucial part of that effort,” said Dr. Jun Pei, Co-founder and CEO of Cepton (NASDAQ: CPTN), a Silicon Valley innovator pioneering state-of-the-art, high-performance MMT(R) lidar solutions (https://ibn.fm/juqG5). In alignment with this grand vision of the future, Cepton has selected Fabrinet (NYSE: FN), a leader specializing in precision optical, electro-optical, sophisticated electronic PCBA, and electro-mechanical process technologies, to produce the company’s flagship automotive-grade Vista(R)-X90 lidar. Trusted by the world’s most demanding original equipment manufacturers (“OEMs”), Fabrinet is known for delivering high-quality complex optical, mechanical, and electrical assemblies across a broad range of markets, including aerospace, automotive, industrial, and laser products (https://ibn.fm/MeRL1).

The Vista(R)-X90 lidar features Cepton’s patented MMT(R) technology (Micro Motion Technology) configured to deliver scalable lidar solutions with a superior balance between performance, reliability, and cost, as well as Cepton’s proprietary lidar engine ASIC, designed for…

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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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