NetworkNewsBreaks – Cepton Inc. (NASDAQ: CPTN) W
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Posted On: 07/15/2022 4:29:14 PM
NetworkNewsBreaks – Cepton Inc. (NASDAQ: CPTN) Working to Make Lidar a Standard Feature of Today’s Cars, Key Component of Future Autonomous Vehicles
Cepton (NASDAQ: CPTN) is an innovator and leader specializing in high-performance Micro Motion Technology (“MMT(R)”) lidar solutions that enable reliable, scalable, long-range, high-resolution 3D perception for smart applications. The company was recently added to the Russell 3000(R) Index, effective June 27, 2022, following its rapid growth over the last year. According to co-founder and CEO Dr. Jun Pei, the inclusion in the Russell 3000(R) Index enables the company to “expand awareness of our story among the investment community as we continue to execute against our milestones generating long-term stakeholder value.” Meanwhile, the company plans to utilize its new corporate office in Metro Detroit (Troy, Michigan) to widen its growing engagements and initiatives with automotive original equipment manufacturers (“OEMs”). A recent article quotes Dr. Jun Pei saying, “I’m incredibly proud that our Silicon Valley Company, Cepton, has earned Detroit’s trust. 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.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Cepton (NASDAQ: CPTN) is an innovator and leader specializing in high-performance Micro Motion Technology (“MMT(R)”) lidar solutions that enable reliable, scalable, long-range, high-resolution 3D perception for smart applications. The company was recently added to the Russell 3000(R) Index, effective June 27, 2022, following its rapid growth over the last year. According to co-founder and CEO Dr. Jun Pei, the inclusion in the Russell 3000(R) Index enables the company to “expand awareness of our story among the investment community as we continue to execute against our milestones generating long-term stakeholder value.” Meanwhile, the company plans to utilize its new corporate office in Metro Detroit (Troy, Michigan) to widen its growing engagements and initiatives with automotive original equipment manufacturers (“OEMs”). A recent article quotes Dr. Jun Pei saying, “I’m incredibly proud that our Silicon Valley Company, Cepton, has earned Detroit’s trust. 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.”
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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