Cepton Technologies (NASDAQ: CPTN) Partners with LidarSwiss to Create Nano P60 System

October 18, 2022 10:18:35

Cepton Technologies (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, announced that LidarSwiss Solutions GmbH is deploying its Sora(TM) lidar technology in the company’s drone-based mapping and analytics solution, which is available for infrastructure management and engineering design applications. The full Nano P60 system is on display at the INTERGEO event, held Oct. 18–20, 2022, in Germany. Based in Switzerland, LidarSwiss provides high-performance unmanned aerial vehicle (“UAV”)-based lidar solutions that feature high-fidelity mapping and real-time processing, a key solution for engineers, forestry managers and urban planners. The Nano P60 platform has been used to map and analyze flood plains, highways, power lines and areas for site development in more than 20 cities in Asia, Europe and Australia. “We are proud to be supporting LidarSwiss and its customers with our lidar technology to unlock applications such as 3D modeling for BIM, historical site mapping, terrain modeling for heavy vegetation areas, volumetric calculations for mining, power line inspection and forestry mapping,” said Cepton Technologies director of product management and marketing Klaus Wagner in the press release. “Our Sora lidar is a one-of-a-kind line scanner that combines high frame rate and long range. Powered by Cepton’s proprietary lidar technologies, it is compact, lightweight and rotation free, making it ideal for small UAV applications.”

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

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 a significant ADAS lidar series production award with Koito on the General Motors business. 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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