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NetworkNewsBreaks – Cepton Inc. (NASDAQ: CPTN) C

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Posted On: 12/18/2023 4:26:40 PM
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Posted By: NetworkNewsWire
NetworkNewsBreaks – Cepton Inc. (NASDAQ: CPTN) COO Featured in Most Recent Proactive Video Interview Focused on Cost-Efficiency, Strategic Partnerships

Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, is in the spotlight. Cepton chief commercial officer Mitch Hourtienne is the featured guest on the latest video interview from Proactive. During the segment, Hourtienne and Proactive host Steve Darling talked about the evolution of LiDAR technology, including the fact that in the past decade-plus, the cost of LiDAR has decreased, making the technology more widely accessible. During his comments, Hourtienne explained Cepton’s commitment to cost efficiency, noting the company’s use of a low-cost base material and strategic supplier partnerships. Hourtienne also mentioned that the company opted to use a 905 nanometer wavelength for its laser because it is based on widely available silicon, which adds to affordability. In addition, Hourtienne explained the importance of careful partner selection and also talked about the company’s commitment to innovation, which includes developing its own application-specific integrated circuit (“ASIC”) for high-volume, low-cost production. 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. “It’s really about choosing suppliers and partners that have an ambition to be in this space,” said Cepton chief commercial officer Mitch Hourtienne in the press release. “Careful selection of the partners in the supplier ecosystems has put us in a very good position to be lowest-cost supplier for LiDAR.”

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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