NetworkNewsBreaks – Cepton Inc. (NASDAQ: CPTN) T
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Cepton (NASDAQ: CPTN), a lidar innovator, advances high-performance lidar technology currently being applied by leading global companies and governments to vehicles, smart infrastructure and more. “CPTN is dedicated to reducing accident risk through a holistic approach that integrates lidar into traffic systems, intersections, and ADAS-powered vehicles to improve safety for passengers and pedestrians. Through engagements with the world’s leading OEMs, CPTN is taking lidar mainstream by commercializing high-performance, ultra-compact lidar solutions for ADAS that seamlessly integrate into modern vehicle designs. The company is also advancing its Helius(R) Smart Lidar System, which combines its MMT(R) lidar technology with edge computing and advanced perception software to provide anonymized, intelligent 3D perception that improves safety in public spaces,” a recent article reads. “Helius has been tested in Texas through research funded by the National Institute for Transportation and Communities (‘NITC’), which receives support from the U.S. Department of Transportation. The Texas-based study, led by researchers from the University of Texas Arlington (‘UTA’), deployed the system at two traffic-intensive intersections to collect data and enable an innovative dynamic flashing yellow arrow (‘D-FYA’) system that generates signal operations based on real-time pedestrian analytics.”
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