Cepton Technologies (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance Micro Motion Technology(R) (“MMT”) lidar solutions was scheduled to ring the opening bell on the market today at 9:15 a.m. ET. The ceremonial bell-ringing activity marks the company’s official public listing on the NASDAQ market, which was a week ago on Feb. 11, 2022. Cepton CEO and cofounder Dr. Jun Pei was slated to ring the bell; he was to be joined by cofounder and chief technical officer Dr. Mark McCord as well as George Syllantavos and Akis Tsirigakis, co-CEOs from the company’s SPAC partner Growth Capital Acquisition Corp. Other key team members and representatives from strategic partners, investors and advisors were also scheduled to in this milestone moment. “By ringing the NASDAQ bell today, we will not only open trading for the day but also open a new era of innovation driven towards the goal of making lidar a mainstream automotive sensor technology,” said Cepton CEO Dr. Jun Pei in the press release. “I am thrilled to be joined by the physical and virtual presence of my talented colleagues and those who have supported us throughout all stages of Cepton’s growth. I’m excited about our journey ahead as a public company, and we remain steadfast in our mission of bringing safe and autonomous transportation to everyone.”
To view the full press release, visit https://ibn.fm/d2EXw
About Cepton Technologies 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 Micro Motion Technology (“MMT”), 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 the largest known ADAS lidar series production award in the industry to date, based on the number of vehicle models awarded, to support General Motors’ Ultra Cruise program. Cepton is also engaged with all other 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 the OEM and Tier 1-studded 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 the company, 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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