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TechMediaBreaks — Cepton Inc. (NASDAQ: CPTN), LiDAR Tech … – StreetInsider.com


Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, is spotlighted in a recent video release from Proactive. The interview features Brunno Moretti, Cepton’s VP of product. During the interview with Proactive’s Stephen Gunnion, Moretti discusses the implications of potential action against Chinese LiDAR companies by Washington, specifically focusing on two main concerns: national security and cybersecurity.

Moretti explained that LiDAR technology is essential for creating high-definition maps around vehicles, but when parts are produced by state-backed entities from nonallied countries, there are data security risks. He also noted the importance of a level playing field in the LiDAR industry to ensure fair competition and prevent state-subsidized companies from gaining an unfair advantage. Moretti also mentioned that Cepton is part of the LiDAR Coalition, which works to address these concerns with lawmakers, and he emphasized the importance of this work, especially as LiDAR technology is just emerging in the automotive sector.

To view the full interview, visit https://ibn.fm/dTyh2

To view the full press release, visit https://ibn.fm/90IwG

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, India and China to serve a fast-growing global customer base. For more information about this company, please visit www.Cepton.com.

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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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