Cepton, Inc. (NASDAQ: CPTN) Accelerates Intelligent Lidar Solutions Critical to Vehicle Safety and Road Management

July 18, 2023 08:50:00
  • Cepton advances lidar technology that integrates into traffic systems, intersections, and ADAS-powered vehicles to improve passenger and pedestrian safety
  • Through partnerships with leading global OEMs, CPTN enables ADAS mass-market commercialization with ultra-compact, high-performance, and cost-effective lidar solutions
  • CPTN’s Helius(R) Smart Lidar System was recently deployed in government-funded pedestrian safety projects in Texas and Utah
  • Other applications of CPTN’s lidar technology include airport terminal monitoring, security systems, crowd analytics, railway obstacle detection, e-tolling, and traffic management

Lidar – a combination of the words “light detection and ranging” – is a sensing technology that sends out laser pulses and measures the time it takes for them to bounce back after hitting an object. Cepton (NASDAQ: CPTN), a lidar innovator, advances high-performance lidar technology currently being applied by leading global companies and governments to vehicles, smart  infrastructure and more.

Pedestrian fatalities are rising rapidly, according to a report by the Governors Highway Safety Association (“GHSA”) that reveals a 77% increase since 2010 (https://ibn.fm/uu2ZB). CPTN is dedicated to reducing accident risk through a holistic approach that integrates lidar into traffic systems, intersections, and…

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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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