- Cepton recently revealed that it had recently entered a partnership with Fibre Based Integrations to develop a lidar-based vehicle detection solution, with the goal of furthering Cape Town’s smart transportation infrastructure
- The smart transportation solution ranks amongst one of over 100 projects which Cepton is currently pursuing, for applications of its lidar technology outside of its traditional use within autonomous vehicles
- Separately, the company announced their intention of participating in investor conferences hosted by Cowen and Berenberg in early March 2022, with the goal of updating institutional investors on their ongoing operational highlights
By most standards, Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance MMR(R) lidar solutions, has enjoyed an active start to life listed on the Nasdaq Exchange. Having formally commenced trading on the Nasdaq Capital Market on February 11, 2022, Cepton Inc. has announced a number of recent operational highlights in recent weeks, which include entering a partnership with Fibre Based Integrations to facilitate smart transportation infrastructure in Cape Town, South Africa whilst simultaneously, taking part in a spate of investor conferences in a bid to heighten the company’s profile amongst the institutional investors in attendance.
In early March 2022, Cepton Inc. revealed that it was partnering with Fibre Based Integrations, an established fiber optics systems house, to develop a lidar-based vehicle detection system, aimed at assisting the creation of smart transportation infrastructure within South Africa’s Cape Town. The use of Cepton’s innovative lidar technology will allow the system to…
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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