- The latest data uncovers a troubling reality that existing technologies have limitations in mitigating road accidents; pedestrian deaths reached a grim milestone not seen in four decades
- As the need for better transportation safety becomes more urgent than ever before, innovative solutions are needed; the latest research shows that combining lidar, camera, and radar can achieve the greatest potential for eliminating fatalities
- As a company leading the charge in designing next generation lidar technology, Cepton is committed to prioritizing safety in automated vehicles to enhance the traffic experience for today’s drivers, passengers, and pedestrians
The latest figures from the United States reveal a worrisome trend. Despite the increased use of advanced safety and collision avoidance technology in modern cars, pedestrian fatalities have been on the rise, revealing a gap within today’s widely deployed technologies in mitigating traffic accidents. Companies like Cepton (NASDAQ: CPTN) work to design innovative solutions that can bridge this gap and provide increased safety and efficiency for drivers worldwide. With lidar innovations that aim to deliver an unmatched combination of superior performance, power efficiency, adaptivity, compactness, cost, and reliability, Cepton focuses on enhancing the experience for today’s drivers, passengers, and pedestrians alike to give them a stronger sense of safety as an essential prerequisite for broader consumer acceptance.
Even with all the technological advancements, roadway crashes continue to be the leading cause of death in the U.S., and pedestrians are dying at the highest rate in decades. Following a 25-year period of decline, fatalities have alarmingly increased in recent years, with the number of…
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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