TinyGemsBreaks — Cepton Technologies Inc. (NASDAQ: CPTN) Lidar Tech on Display at IAA Transportation 2022

August 23, 2022 10:32:11

Cepton Technologies (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, has announced that its lidar integration solution for automotive headlamps will be showcased at the upcoming IAA Transportation 2022 Conference. Slated for Sept. 20–25, 2022, the conference is an ideal way for the company to shine a spotlight on its Nova lidar integration solution, which addresses perception blind spots with high precision and superior sensor location. The tech will be displayed in collaboration with ZKW Group GmbH (“ZKW”), a premium lighting systems and electronics specialist. The announcement noted that Cepton’s Nova lidar will be integrated into a heavy-duty truck headlamp provided by ZKW; visitors to the Cepton booth will also be able to watch live demonstrations of Nova’s near-range 3D sensing capabilities. “We are excited to showcase our collaboration with ZKW at this year’s IAA event,” said Cepton CEO and cofounder Dr. Jun Pei in the press release. “ZKW is a leading innovator of automotive lighting technologies, and working with the ZKW team allows Cepton to demonstrate how our lidars are optimized for use in everyday vehicles. Being able to seamlessly integrate into locations like headlamp is a key factor of the outstanding scalability of Cepton lidar. With that, we aim to bring lidar’s safety benefits to everyone on the road — drivers, passengers and road users alike — while helping advance the future of autonomous mobility.”

To view the full press release, visit https://ibn.fm/5M2mC

About Cepton Technologies 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 lidar technology, Cepton aims to take lidar mainstream and achieve a balanced approach to performance, cost and reliability, while enabling scalable and intelligent 3D perception solutions across industries. Cepton has been awarded the largest-known ADAS lidar series production award in the industry to date, based on the number of vehicle models awarded, to support General Motors’ Ultra Cruise program. Cepton is also engaged with all other top-10 global OEMs. Founded in 2016 and led by industry veterans with decades of collective experience across a wide range of advanced lidar and imaging technologies, Cepton is focused on the mass market commercialization of high-performance, high-quality lidar solutions. Cepton is headquartered in San Jose, California, and has a center of excellence facility in Troy, Michigan, to provide local support to automotive customers in the metro Detroit area. Cepton also has a presence in Germany, Canada, Japan, India and China to serve a fast-growing global customer base. For more information about the company, visit www.Cepton.com.

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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