NetworkNewsBreaks — Cepton Inc. (NASDAQ: CPTN),
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Posted On: 08/04/2023 5:37:32 PM
NetworkNewsBreaks — Cepton Inc. (NASDAQ: CPTN), LiDAR Tech Focus of Recent Proactive Video Discussing Security Concerns
Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, is spotlighted in a recent video release from Proactive. The interview features Brunno Moretti, Cepton’s VP of product. During the interview with Proactive’s Stephen Gunnion, Moretti discusses the implications of potential action against Chinese LiDAR companies by Washington, specifically focusing on two main concerns: national security and cybersecurity.
Moretti explained that LiDAR technology is essential for creating high-definition maps around vehicles, but when parts are produced by state-backed entities from nonallied countries, there are data security risks. He also noted the importance of a level playing field in the LiDAR industry to ensure fair competition and prevent state-subsidized companies from gaining an unfair advantage. Moretti also mentioned that Cepton is part of the LiDAR Coalition, which works to address these concerns with lawmakers, and he emphasized the importance of this work, especially as LiDAR technology is just emerging in the automotive sector.
Please see full terms of use and 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 spotlighted in a recent video release from Proactive. The interview features Brunno Moretti, Cepton’s VP of product. During the interview with Proactive’s Stephen Gunnion, Moretti discusses the implications of potential action against Chinese LiDAR companies by Washington, specifically focusing on two main concerns: national security and cybersecurity.
Moretti explained that LiDAR technology is essential for creating high-definition maps around vehicles, but when parts are produced by state-backed entities from nonallied countries, there are data security risks. He also noted the importance of a level playing field in the LiDAR industry to ensure fair competition and prevent state-subsidized companies from gaining an unfair advantage. Moretti also mentioned that Cepton is part of the LiDAR Coalition, which works to address these concerns with lawmakers, and he emphasized the importance of this work, especially as LiDAR technology is just emerging in the automotive sector.
Please see full terms of use and 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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