2022-03-11

Cepton, Inc. Reports Fourth Quarter and Full Year 2021 Results and Provides 2022 Business Updates and Milestones

Successful public listing in February 2022, resulting in cash and available liquidity of $175 million Completed key production milestones with Tier-1 partner Koito Manufacturing in support of General Motors Ultra Cruise program Completed near-range lidar (Nova) design and sampling with multiple top-10 automotive OEMs SAN JOSE, Calif.--(BUSINESS WIRE)--Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high-performance MMT® lidar solutions, today announced business updates and financi...
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2022-03-03

Fibre Based Integrations and Cepton Undertake Smart City Projects to Address Traffic Challenges in Cape Town

SAN JOSE, Calif.--(BUSINESS WIRE)-- Silicon Valley-based smart lidar solution provider Cepton, Inc. (Nasdaq: CPTN) (“Cepton”) and Fibre Based Integrations, an established fiber optics systems house, are working together to develop lidar-based vehicle detection solutions in Cape Town, South Africa, to enable smart transportation infrastructure city-wide. This joint effort combines Fibre Based Integrations’ expertise in optics system integration and Cepton’s innovative lidar technologies to help the City of Cape Town monit...
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2022-02-18

Cepton, Inc. to Ring the Nasdaq Opening Bell Today

SAN JOSE, Calif.--(BUSINESS WIRE)--Cepton, Inc. (Nasdaq: CPTN), a Silicon Valley innovator and leader in high-performance MMT® lidar solutions, announced that the Company will hold its opening bell ringing ceremony at Nasdaq today on Thursday, February 17, 2022 at 9:15 a.m. ET. Cepton started its public listing on Nasdaq Capital Market on February 11, 2022. In celebration of this key milestone, Cepton CEO and Co-founder Dr. Jun Pei will ring the opening bell alongside CTO and Co-founder Dr. Mark McCord, as well as co-CEOs f...
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2021-08-09

Cepton Announces $50M Committed Investment in Cepton’s Business From KOITO After ADAS Design Win at a Major Global OEM

--- KOITO deepens relationship with Cepton by committing to a second investment in Cepton’s business in two years to support advanced OEM engagements worldwide ---   August 05, 2021 08:53 PM Eastern Daylight Time   SAN JOSE, Calif.--(BUSINESS WIRE)--Cepton Technologies, Inc. (“Cepton”), a leader in high performance MMT® lidar solutions for Advanced Driver Assistance Systems (ADAS), Autonomous Vehicles (AV) and Smart Infrastructure applications, announced today that its automotive Tier 1 par...
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2021-07-16

Cepton Secures Industry’s Largest ADAS Lidar Series Production Win with Leading Detroit-Based Global Automotive OEM

Cepton expected to be the first lidar company in the world to go mass-market across multiple vehicle platforms by 2023   SAN JOSE, Calif., July 13, 2021--(Cepton Technologies, Inc. ("Cepton") announced that it has secured an ADAS lidar series production award at a leading, Detroit-based global automotive OEM ("Detroit-based OEM"), which is the industry’s largest award to-date [1]. This represents a landmark milestone both for the lidar industry as well as for Silicon Valley-based Cepton, which celebrates its five-year anniversa...
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2020-09-23

Cepton Introduces New Automotive-grade LiDAR Vista®-X90 Priced under $1000

LiDAR solution provider Cepton Technologies unveiled details of its automotive-grade LiDAR sensor, Vista®-X90, which deliver advance performance with high volume price of less than $1000. The product is scheduled for production in 2022. The Vista-X90 is the newest addition to Cepton’s Vista-X automotive grade sensor family. It sets a new benchmark for high performance at low power in a compact form factor, and is ideally suited for advanced driver assistance systems (ADAS) and autonomous vehicles (AVs). Weighing less than 900 g, the Vista-X90 achieve...
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2020-07-24

LiDAR Companies Strengthen Global Teams to Boost Automotive Market

LiDAR sensor and technology builders Cepton and Luminar recently announced their expansion plans respectively, aiming to scale the market as well as to speed up technology development. Cepton Technologies, who began partnership with Japan-based Koito, appointed industry veteran Andrew Klaus as country manager for Japan, marking its continued expansion into the Japanese and Asian markets. Klaus’ role will initially focus on building Cepton’s market share in Japan, where the company has experienced growing demand for its high-performance LiDAR solution...
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2020-02-06

Cepton Secures $50 Million Investment from Koito for Series C Funding

Cepton Technologies announced that it has raised over US$50 million in Series C funding. This brings Cepton’s total funding to nearly US$100 million, providing a strong foundation to substantially ramp up its R&D efforts, expand its footprint in the automotive market and support major customers worldwide. The latest funding round was led by automotive lighting system developer Koito, the automotive Tier 1 and world-leading provider of automotive lighting systems. As part of the transaction, Koito will obtain non-exclusive rights to manufacture and sell Cepton&r...
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2019-11-20

Global LiDAR Companies 2019 Progresses: Solid-State LiDAR Manufacturers in the U.S.

Many consider solid-state LiDARs the solution to realize autonomous driving technology as they are much cheaper and lighter compared to mechanical LiDARs. In 2019, many solid-state LiDAR providers have reported their technology developments and market expansion. Let’s take a look of the latest updates in solid-state LiDARs. Related reading: Global LiDAR Companies and Their Latest Progresses in 2019: Mechanical LiDAR Suppliers Quanergy Expands Business in Asia and South America Solid-state LiDAR company Quanergy has been proact...
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2019-11-12

LiDAR Products by Blickfeld, Cepton, LeddarTech and RoboSense Win CES 2020 Innovation Awards

In the list of CES 2020 Innovation Award Honoree, several LiDAR products were named including Cube by Blickfeld, Helius Smart Lidar System by Cepton, Leddar Pixell by LeddarTech and RS-LiDAR-M1 by RoboSense. Blickfeld, LeddarTech and RoboSense were listed in the category of “Vehicle Intelligence & Transportation,” while Cepton was named in two categories, “Smart Cities,” and “Tech for a Better World.” Blickfeld Cube is a solid-state LiDAR targeting the mass market, according to Blickfeld, the Germ...
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2019-09-11

New LiDAR Products Release: Cepton, LeddarTech and Quanergy

LiDAR sensors developers continue to advance their products to push autonomous vehicle development. Cepton Technologies, LeddarTech and Quanergy recently announced their new LiDAR sensor products and perception software. Cepton Technologies revealed its newest Vista LiDAR sensor, the Vista™-X120, for Advanced Driver Assistance Systems (ADAS) and autonomous applications. The product offers a 120° horizontal field of view (FOV), 0.15° angular resolution and a maximum detection range of up to 200 meters at 10% reflectivity. Cepton will demonst...
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2019-08-16

Cepton’s LiDAR Solutions for Physical Security, Smart Cities and IoT Industries

3D LiDAR provider Cepton Technologies announced a partnership with ThinkReps, a physical security manufacturers' representative. As part of this strategic collaboration, Cepton’s sales and marketing efforts will be supported by ThinkReps’ area team to drive sales of Cepton’s Smart Lidar solutions for the physical security, smart cities and IoT industries. Through the partnership, ThinkReps’ security partners will have the opportunity to integrate Cepton’s LiDAR technology into a wide variety of security solutions. (Image: Cept...
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2019-05-17

LiDAR Manufacturers Updates: Cepton and AEye Announce New Partnerships; Quanergy Achieves Automotive Standards

To further speed up autonomous driving technology development, LiDAR producers are strengthening their cooperation with different strategic partners. Cepton announced partnership with Dataspeed, an autonomous vehicle solution provider while Aeye reported an investment from Japan-based component maker Aisin. Meanwhile, Quanergy revealed that it has met automotive requirement. 3D LiDAR solutions developer Cepton Technologies announced that it has partneredp with autonomous vehicle solution specialist Dataspeed. Through the partnership, Dataspeed’s customers will ...
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2019-01-11

Cepton Launches New LiDAR Products with NVIDIA AI Computing Platform for Autonomous Driving Applications

Cepton Technologies, a provider of 3D LiDAR solutions for automotive, industrial and mapping applications, announced that it has release two new LiDAR products, Vista-M and Vista-X, to its product portfolio. The Vista series LiDAR solutions are built with Cepton’s patented Micro-Motion Technology (MMT™) and run on the NVIDIA DRIVE in-vehicle AI computing platform—providing high resolution and long-range imaging to enable all levels of autonomous applications. (Image: Cepton) The Vista-M LiDAR packs a 120-degree fiel...
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2018-04-03

Cepton Announces Next-generation LiDAR Solution for Autonomous Vehicles

Cepton Technologies, Inc., a provider of 3D LiDAR solutions for automotive, industrial and mapping applications, unveiled its Vista LiDAR sensor at the annual NVIDIA GPU Technology Conference, with immediate availability for the autonomous vehicle market.
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2017-10-25

Cepton Launches New 3D LiDAR Sensing Solution for UAV Mapping

Cepton Technologies, Inc., a provider of 3D LiDAR sensing solutions for automotive, industrial and mapping applications, launched the SORA 200, its lightweight 3D LiDAR sensor, at the annual Commercial UAV Expo. SORA 200 delivers long-range, high-resolution and low-cost mapping capabilities to unmanned aerial vehicles (UAVs).
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San Jose, CA – April 26, 2022 – Lumileds today announced a new, higher performance level comprised of 21 new parts for its horticulture and illumination mid-power 3030 LEDs. Typical flux, PPF, and efficacy have increased 2%. In a lumi... READ MORE

Tokushima, Japan – 26 April 2022: Nichia, the world’s largest LED manufacturer and inventor of high-brightness blue and white LEDs, announces the launch of the Hortisolis™ series of white LEDs. By incorporating only the light... READ MORE