NetworkNewsBreaks – Cepton Inc. (NASDAQ: CPTN) C
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Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, was featured in a recent interview with Proactive Investors that covers the company’s second-quarter performance and milestone achievement in setting a new record for shipments of its LiDAR technology, demonstrating its robust momentum in automotive and smart infrastructure sectors. Cepton CFO Hull Xu joined Steve Darling from Proactive to discuss the notable achievement of Cepton, pointing out that the company is poised for a substantial increase in shipment volume in each successive quarter throughout the remainder of the year. He also shared details on Cepton’s active fulfillment of a multi-million tolling contract, which underscores the company’s strong standing in the market. Cepton is on track to meet orders to support original equipment manufacturers’ (“OEM”) start of production by year-end and has successfully delivered to General Motors with support from Koito, a strategic partner. Xu additionally provided insights into Cepton’s Smart Infrastructure division. The company has secured its first production orders for lidar installations in multiple airports throughout the U.S.
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