NetworkNewsBreaks – Cepton Inc. (NASDAQ: CPTN) to Serve as Official Sponsor, Exclusive Lidar Supplier of AutoDrive Challenge(TM) II
Cepton (NASDAQ: CPTN), an innovative provider of lidar-based solutions for automotive applications, today announced that it was selected as an official sponsor and exclusive lidar supplier for the prestigious AutoDrive Challenge(TM) II competition program. According to the update, the AutoDrive Challenge(TM) II is a four-year STEM education program in which ten universities in North America each form a dedicated team of faculty members and students to develop an autonomous vehicle (“AV”) that can navigate urban driving courses as described by SAE Standard (J3016(TM)) Level 4 automation. “We are pleased to support AutoDrive Challenge II as a sponsor and the exclusive…