NetworkNewsBreaks – Cepton Inc. (NASDAQ: CPTN) T
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Posted On: 08/29/2022 3:15:43 PM
NetworkNewsBreaks – Cepton Inc. (NASDAQ: CPTN) Taking MMT(R) Mainstream, Focusing Efforts on ‘Biggest Market for Lidar’
Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, is taking Micro Motion Technology (“MMT(R)”) mainstream under the guidance of CEO and lidar pioneer Dr. Jun Pei. “Lidar uses lasers to generate 3D images and provides vital information including distance, speed and dimensions. This enables accurate detection tracking of objects based on real-time data. Emerging lidar applications include autonomous vehicles (‘AVs’), advanced driver assistance systems (‘ADAS’), traffic and pedestrian monitoring in smart cities, security and facility management, crowd analytics, and various industrial applications,” a recent article reads. “Cepton offers near-range to ultra-long-range lidar sensors, automotive software and lidar perception solutions. The company’s patented MMT leverages a mirrorless, rotation-free, and frictionless 3D lidar imaging method, enhanced by proprietary micro-optical modules and integrated custom application-specific integrated circuits (‘ASICs’) to offer state-of-the-art illumination control and detection… CPTN’s licensable technology enables seamless high-volume manufacturing in collaboration with the world’s leading OEMs, and the company aims to make its proprietary technology standard in vehicles. ‘We thought ADAS in the near future would be the biggest market for lidar, and that’s why we focused all of our company efforts – whether it’s in technology innovation or commercial development – into the ADAS industry,’ said Dr. Pei in a recent interview with the Financial Times.”
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), a Silicon Valley innovator and leader in high-performance lidar solutions, is taking Micro Motion Technology (“MMT(R)”) mainstream under the guidance of CEO and lidar pioneer Dr. Jun Pei. “Lidar uses lasers to generate 3D images and provides vital information including distance, speed and dimensions. This enables accurate detection tracking of objects based on real-time data. Emerging lidar applications include autonomous vehicles (‘AVs’), advanced driver assistance systems (‘ADAS’), traffic and pedestrian monitoring in smart cities, security and facility management, crowd analytics, and various industrial applications,” a recent article reads. “Cepton offers near-range to ultra-long-range lidar sensors, automotive software and lidar perception solutions. The company’s patented MMT leverages a mirrorless, rotation-free, and frictionless 3D lidar imaging method, enhanced by proprietary micro-optical modules and integrated custom application-specific integrated circuits (‘ASICs’) to offer state-of-the-art illumination control and detection… CPTN’s licensable technology enables seamless high-volume manufacturing in collaboration with the world’s leading OEMs, and the company aims to make its proprietary technology standard in vehicles. ‘We thought ADAS in the near future would be the biggest market for lidar, and that’s why we focused all of our company efforts – whether it’s in technology innovation or commercial development – into the ADAS industry,’ said Dr. Pei in a recent interview with the Financial Times.”
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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