NetworkNewsBreaks – Cepton Inc. (NASDAQ: CPTN) U
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Posted On: 04/27/2022 4:37:58 PM
NetworkNewsBreaks – Cepton Inc. (NASDAQ: CPTN) Using Innovative Solutions to Transform Transportation Infrastructure, Public Venues, Large Commercial Facilities
Cepton (NASDAQ: CPTN) continues to employ its proprietary LiDAR solutions designed to provide accurate, real-time and anonymized 3D perception, positioning itself to make its mark in the global non-automotive landscape to transform smart cities, spaces and industrial applications. “LiDAR has grown in importance not only for the automotive sector but also for non-automotive applications. The latter includes smart city/infrastructure and security, which are becoming increasingly important for LiDAR producers,” a recent article reads. “As a pioneer in the LiDAR space, Cepton has already been riding the rising non-automotive wave, collaborating with global partners to transform transportation infrastructure, public venues, and large commercial facilities using innovative LiDAR solutions. For example, in 2020, the company partnered with The Indoor Lab in a pilot project at an Orlando International Airport terminal. The aim of the project was to deliver anonymous footfall tracking through a LiDAR-based crowd analytics solution to assist travelers in avoiding crowded areas and maintenance crews in targeted cleaning. In addition, last year, Cepton joined the Qualcomm Smart Cities Accelerator Program in a bid to advance the future of smart infrastructure with their LiDAR systems. And most recently, Cepton engaged in developing a LiDAR-based vehicle detection system to help build city-wide smart transportation infrastructure in South Africa’s Cape Town….”
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Cepton (NASDAQ: CPTN) continues to employ its proprietary LiDAR solutions designed to provide accurate, real-time and anonymized 3D perception, positioning itself to make its mark in the global non-automotive landscape to transform smart cities, spaces and industrial applications. “LiDAR has grown in importance not only for the automotive sector but also for non-automotive applications. The latter includes smart city/infrastructure and security, which are becoming increasingly important for LiDAR producers,” a recent article reads. “As a pioneer in the LiDAR space, Cepton has already been riding the rising non-automotive wave, collaborating with global partners to transform transportation infrastructure, public venues, and large commercial facilities using innovative LiDAR solutions. For example, in 2020, the company partnered with The Indoor Lab in a pilot project at an Orlando International Airport terminal. The aim of the project was to deliver anonymous footfall tracking through a LiDAR-based crowd analytics solution to assist travelers in avoiding crowded areas and maintenance crews in targeted cleaning. In addition, last year, Cepton joined the Qualcomm Smart Cities Accelerator Program in a bid to advance the future of smart infrastructure with their LiDAR systems. And most recently, Cepton engaged in developing a LiDAR-based vehicle detection system to help build city-wide smart transportation infrastructure in South Africa’s Cape Town….”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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