Cepton (NASDAQ: CPTN), a Silicon Valley-based smart lidar solution provider, together with Fibre Based Integrations, an established fiber optics systems house, are collaborating to develop lidar-based vehicle detection solutions in Cape Town, South Africa, to enable city-wide smart transportation infrastructure. According to the update, the joint effort combines Fibre Based Integrations’ expertise in optics system integration and Cepton’s innovative lidar technologies to help the city of Cape Town monitor lane usage and identify vehicles using incorrect lanes. Fibre Based Integrations has deployed vehicle classification systems on traffic lights at intersections and overhead devices that incorporate Cepton’s Helius(R) Smart Lidar System with Vista(R)-P lidar sensors. “The reason we chose to deploy lidars in our vehicle detection and classification systems is their superior accuracy,” said Josh Goosen, system engineer at Fibre Based Integrations. “We have previously tested radars and some other types of sensors, and we found that they lack the resolution needed to accurately locate and count vehicles and provide accurate 3D information about their sizes and speeds.”
To view the full press release, visit https://ibn.fm/5J5KB
About Cepton 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 Micro Motion Technology (“MMT(R)”), Cepton aims to take lidar mainstream and achieve its vision of safe and autonomous transportation for everyone. 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 the OEM and tier 1-studded 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.
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