NetworkNewsBreaks — Cepton Technologies Inc. (NA
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Cepton Technologies (NASDAQ: CPTN), a Silicon Valley innovator of high-performance lidar solutions, has joined with two other leading companies to complete a proof-of-concept project confirming that an integrated system has the ability to warn drivers of unseen hazards ahead. The other two companies involved in the project, dubbed Periscope, are ALP.Lab GmbH, an Austria-based technology provider of autonomous vehicle testing solutions, and TE Connectivity, a world leader in sensors and connectors. According to the announcement, Periscope relies on lidar sensors strategically located at intersections to extend a driver’s field of view and alert them about a pedestrian approximately five seconds before the pedestrian is visible. The project combined Cepton’s intelligent 3D lidar perception with ALP.Lab’s expertise in system integration, testing and data analytics, along with TE Connectivity’s vehicle-to-everything (“V2X”) offering. With these key features, Periscope is able to capture and communicate valuable information about road conditions in real time, which could provide additional reaction time to potentially dangerous situations, resulting in enhanced safety. “We are thrilled to announce the successful completion of Periscope, in collaboration with ALP.Lab and TE Connectivity,” said Cepton CEO and cofounder Dr. Jun Pei in the press release. “NHTSA revealed that 6,516 pedestrians were killed in traffic accidents in 2020, and that’s a heartrending figure. We believe proactive safety measures should be taken to protect vulnerable road users, and that’s why we invested our efforts in proving how enhanced intelligence in infrastructure can, in turn, make vehicles smarter and safer. Through the lens of Periscope, we can see that the increased connectivity between vehicles and infrastructure can help keep everyone safe on the road. I believe that is also a crucial step towards preparing our society for the future adoption of fully autonomous driving.”
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