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Lidar Pioneer Cepton, Inc. (NASDAQ: CPTN) Bridges Technological Gaps to Advance Mass Market ADAS Adoption

  • Cepton unveiled its Vista(R)-X120 Plus earlier this year at CES 2023, one of the largest tech tradeshows this year, where it was named a CES 2023 innovation award honoree for next-generation lidar products
  • Vista(R)-X120 Plus features a wider field of view, software-definable regions of interest, and faster data transmission with a target price below $500, enabling high-volume production and faster mass-market adoption
  • Vista(R)-X120 Plus is smaller and lighter, allowing for seamless integration without significantly affecting vehicle design
  • Cepton collaborates with many global OEMS, and recently won the largest commercial lidar deployment contract in the tolling sector to date

Advanced Driver Assistance Systems (“ADAS”) make roads safer by using sensors, cameras, and other technology to control speed, monitor blind spots, prevent collisions, and automate emergency braking. While the technology has advanced rapidly in recent years, some challenges remain, including data integration from multiple systems, information processing power and speed, and sensor reliability and accuracy.

Cepton’s (NASDAQ: CPTN) latest automotive-grade lidar solution — the Vista(R)-X120 Plus — addresses those challenges and features improvements that set new standards for…

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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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