Monday, July 24, 2023

MissionIRNewsBreaks — Cepton Inc. (NASDAQ: CPTN) CEO Featured on Proactive Video Discussing LiDAR Technology and Vehicle Safety

 Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, is spotlighted in a recent video release from Proactive. The interview includes Cepton CEO and cofounder Dr. Jun Pei talking with Proactive’s Steve Darling about how Cepton’s proprietary lidar-based solutions are revolutionizing various industries, including automotive, with its smart cities, smart spaces and smart industrial applications. Cepton is focused on making lidar technology more mainstream by offering scalable, intelligent 3D-perception solutions that achieve a balance between performance, cost and reliability. During the interview, Pei provided an overview of Cepton’s approach to lidar commercialization, noting specifically the essential role of lidar in enabling advanced driver assistance systems (“ADAS”) and autonomous driving capabilities in passenger vehicles. Pei observed that lidar technology provides crucial data that enables vehicles to perceive and understand their surroundings, contributing to safer and more efficient driving. The company leader also explained that Cepton has recently been awarded a significant ADAS lidar series production contract with Koito for General Motors business. In addition, the company is actively engaged with all Top 10 global OEMs. This level of interest reflects the growing awareness and adoption of Cepton’s lidar solutions by major players in the automotive industry.

To view the full interview, visit https://ibn.fm/ZDn2W

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

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 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 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 this company, please 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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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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