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NetworkNewsBreaks — Cepton Inc. (NASDAQ: CPTN) L

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Posted On: 12/07/2023 5:00:43 PM
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Posted By: NetworkNewsWire
NetworkNewsBreaks — Cepton Inc. (NASDAQ: CPTN) LiDAR Tech Topic of Latest Proactive Video Release

Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, is in the spotlight. Cepton senior vice president of product Brunno Moretti is the featured guest on the latest video interview from Proactive. During the segment, Moretti and Proactive host Steve Darling talked about how Cepton’s proprietary LiDAR tech is revolutionizing truck safety. Noting that the sheer size and weight of semi-trucks create challenges, Moretti explained the need for effective detection systems, especially for autonomous and advanced driver-assistance systems. Cepton’s LiDAR is capable of detecting small objects as far away as 300 meters, providing comprehensive coverage around the vehicle and protection for such large vehicles. The technology aids in other safety aspects, including preventing trailer sway and jackknifing and ensuring safe parking. During the interview, Moretti also discussed Cepton’s engagement in Request for Quote (“RFQ”) discussions with major semi companies for autonomous driving applications, noting the positive response and growing interest that the company’s LiDAR solutions are receiving. Proactive is a tech-enabled platform empowering companies globally with a comprehensive investor engagement solution across their business lifecycle. The platform works with innovative growth companies quoted on the world’s major stock exchanges, helping executives engage intelligently with investors. “As the trucking industry continues to expand, the integration of LiDAR technology is poised to play a crucial role in promoting safer transportation,” the press release stated.

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