NetworkNewsBreaks – Cepton Inc. (NASDAQ: CPTN) L

NetworkNewsBreaks – Cepton Inc. (NASDAQ: CPTN) Launching Detroit-Based Hub to Expand Engagements with Top OEMs

Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance MMT(R) lidar solutions, today announced the opening of its new corporate office in Metro Detroit (Troy, Michigan). According to the update, the location will serve as Cepton’s automotive hub as it continues to expand its active engagements and initiatives with original equipment manufacturers (“OEMs”). “I’m incredibly proud that our Silicon Valley company, Cepton, has earned Detroit’s trust,” said Dr. Jun Pei, Cepton’s co-founder and CEO. “As we continue to expand our engagements with all of the top ten global OEMs, locating our experienced team in Detroit will serve us well. Our expanded footprint will help us reach our goal of making lidar a standard safety feature in the cars of today and the key component in the autonomous vehicles of the future.”

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