Monday, February 13, 2023

MissionIRNewsBreaks – Cepton Inc. (NASDAQ: CPTN) Launches Epitome of Everything That Matters in Lidar Manufacturing

 Cepton (NASDAQ: CPTN) recently announced the launch of its latest innovative product: a new game-changing lidar called Vista(R)-X120 Plus. “Building on Cepton’s existing Vista-X90 lidar – an already established, groundbreaking automotive-grade lidar expected to be deployed in the company’s flagship ADAS lidar series production program – the Vista-X120 Plus aspires to raise another bar in the lidar market. With a reported 500% increase in data rate, 30° wider field of view, over 20% reduction in size, and 50% reduction in height, the Vista-X120 Plus appears to be the epitome of everything that matters in lidar manufacturing: safety, autonomy, software definability, and electrification,” a recent article reads. “Driven to achieve safe and autonomous transportation for everyone, Cepton has been committed to bringing lidar beyond the luxury car market. The Vista-X120 Plus helps bolster Cepton’s vision of enabling safe and autonomous transportation through mass-market lidar adoption. With the embeddable design, extraordinarily compact size, and distinctive features designed to deliver seamless power efficiency and lower manufacturing cost in automotive volumes, it aspires to be a game-changing lidar for everyday consumer vehicles. Cepton is confident that the Vista-X120 Plus can offer top-end performance at lower power consumption and, as such, is ideally suited for ADAS and automotive driving applications, including electric vehicles.”

To view the full article, visit https://ibn.fm/1rGkt

About Cepton Inc.

Cepton is a Silicon Valley innovator of lidar-based solutions for automotive (“ADAS/AV”), smart citiessmart 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 engaged with all 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, visit the company’s website at 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

About MissionIRNewsBreaks

MissionIRNewsBreaks provide a rapid summary of corporate news that catch the attention of MissionIR. MissionIRNewsBreaks are created by our Team of professional journalists that keep a constant eye on the markets, these posts are designed to inform you on the latest happenings of our clients and other publicly traded companies on our radar. From earnings, acquisitions and agreements to conference attendance and clinical study results, our news breaks keep you up-to-date with the day’s top movers. MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

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