Cepton (NASDAQ: CPTN), a Silicon Valley innovator and pioneer of high-performance MMT(TM) lidar solutions, recently revealed that its lidar technology had been used in a series of groundbreaking studies in Texas and Utah, designed to help improve traffic safety for all road users. “The deployment of lidar technology in Arlington and Irving, Texas, as well as in Salt Lake City, Utah, has been designed to enable operators to monitor pedestrians’ walking speeds, examine pedestrian and driver adherence to road safety regulations, as well as track ‘near misses’ for pedestrians and vehicles. Going forward, lidar could help city authorities tailor traffic signals to travelers’ needs, potentially allowing for adjustment of signal timing in real time as well as potentially warning vehicles of potential unseen hazards ahead… In early 2022, Cepton announced that its technology was being used to facilitate lidar-based vehicle detection in Cape Town, South Africa,” a recent article reads. “Since its inception in 2016, Cepton has witnessed its innovative lidar-based solutions rapidly superseding their original stated goal of facilitating advanced driver assistance systems (‘ADAS’) and autonomous vehicle development, with the company’s Helius(TM) Smart Lidar System now also being used to support smart city infrastructure and traffic management systems the world over.”
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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, China and India to serve a fast-growing global customer base. For more information, visit the company’s website at www.Cepton.com.
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