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Cepton, Inc. (NASDAQ: CPTN) Continues to Forge Innovative Partnerships to Expand Lidar Applications Across Sectors and Geographies

  • As a lidar developer engaged with all Top 10 global automotive OEMs, Cepton is established in the automotive space; but as a technology that allows examination of natural and manmade environments with accuracy and precision, lidar can offer much more
  • In addition to its work with leading automotive OEMs, Cepton has been also committed to forging partnerships beyond the automotive sector to improve infrastructure efficiency and safety around the world
  • Cepton’s low-cost, high-resolution perception devices that enable scanning of environments have been deployed in projects around the world to transform spaces into smart infrastructure

Often coined as one of the most useful and versatile technologies of our time, lidar use cases go beyond merely enabling driver assistance functions in vehicles – although this is the application the technology is widely known for. As an optical technology that uses infrared light to measure distances, localize objects, or create maps of various areas with accuracy and precision, it can be used in practically any industry, from autonomous driving and logistics to robotics, construction, security, and agriculture, enhancing safety and productivity across a variety of end markets. As a provider of smart 3D-sensing lidar solutions, Cepton (NASDAQ: CPTN) has been collaborating with a number of global partners over the years to bring unique and accurate 3D imaging capabilities of this powerful technology beyond automotive applications to transform spaces into intelligent infrastructure.

Some of the collaborative projects include high-fidelity mapping and smart analytics on the fly for applications such as 3D modeling for building information modeling, historical site mapping, terrain modeling, volumetric mining calculations, power line inspection and forestry mapping…

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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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