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NetworkNewsBreaks — Cepton Inc. (NASDAQ: CPTN) A

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Posted On: 11/17/2022 4:06:43 PM
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Posted By: NetworkNewsWire
NetworkNewsBreaks — Cepton Inc. (NASDAQ: CPTN) Announces Next-Gen Lidar Product Honor, New Collaboration

Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, has been recognized for Vista(R)-X120 Plus, its new automotive lidar product. VistaX-120 was named a 2023 honoree in the Vehicle Tech & Advanced Mobility category of the CES Innovation Award program. Cepton plans on unveiling Vista-X120 Plus at CES 2023, which will be held in Las Vegas on Jan. 5-8, 2023. According to the company, the next-generation lidar product features a unique combination of ultra-slim and small-form-factor, top-end performance and real-time adaptive 3D perception. Vista-X120 Plus offers the next level of perception capabilities to “see” finer objects from further away than Cepton’s previous products along with automotive-grade reliability, seamless embeddability and cost efficiency. “I am thrilled that Cepton’s innovative technology continues to be recognized at a global level and at events such as CES,” said Cepton cofounder and CEO Dr. Jun Pei. “Vista-X120 Plus is designed for both today’s consumer vehicles as well as the next generation — intelligent, electrified and software defined. As the automotive industry evolves, our lidar innovations never cease to advance. This new product is an extension of Cepton’s vision since 2016, which is building capable, reliable and affordable lidar solutions to enable safe and autonomous transportation for everyone. We can’t wait to introduce Vista-X120 Plus to our customers, partners and visitors at CES 2023.”

In addition, Cepton announced a collaboration with Exwayz to demonstrate a new lidar-based perception solutions for mobile robotics applications. According to the announcement, Exwayz’s plug-and-play perception software enables lidar-based 3D mapping, localization and relocalization, and object detection and classification. Through the partnership, Cepton anticipates enhancing its existing perception solutions and offering new possibilities that streamline the development and demonstration of lidar-integrated robotic systems. “Cepton’s automotive-grade lidar sensors have demonstrated the quality and reliability necessary for mobile robotics solutions,” said Cepton director of product management, marketing and business development Henri Häfner in the press release. “Our core lidar technology enables an optimal combination of high performance, ruggedness and unrivaled embeddability.

We are now pleased to be working with Exwayz to also deploy Cepton’s award-winning Nova Lidar for near-range applications. Nova is designed to address perception blind spots, with its miniature size that’s ideal for smaller unmanned systems.”

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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