NetworkNewsBreaks – Cepton Inc. (NASDAQ: CPTN) Launches Epitome of Everything That Matters in Lidar Manufacturing

Company: Cepton Inc. (CPTN)
Category: Stock Spotlights
Cepton (NASDAQ: CPTN) recently announced the launch of its latest innovative product: a new game-changing lidar called Vista(R)-X120 Plus. “Building on Cepton’s existing Vista-X90 lidar – an already established, groundbreaking automotive-grade lidar expected to be deployed in the company’s flagship ADAS lidar series production program – the Vista-X120 Plus aspires to raise another bar in the lidar market. With a reported 500% increase in data rate, 30° wider field of view, over 20% reduction in size, and 50% reduction in height, the Vista-X120 Plus appears to be the epitome of everything that matters in lidar manufacturing: safety, autonomy, software definability, and electrification,” a recent article reads. “Driven to achieve safe and autonomous transportation for everyone, Cepton has been committed to bringing lidar beyond the luxury car market. The Vista-X120 Plus helps bolster Cepton’s vision of enabling safe and autonomous transportation through mass-market lidar adoption. With the embeddable design, extraordinarily compact size, and distinctive features designed to deliver seamless power efficiency and lower manufacturing cost in automotive volumes, it aspires to be a game-changing lidar for everyday consumer vehicles. Cepton is confident that the Vista-X120 Plus can offer top-end performance at lower power consumption and, as such, is ideally suited for ADAS and automotive driving applications, including electric vehicles.” To view the full article, visit https://nnw.fm/9D9Be About Cepton Inc. Cepton is a Silicon Valley innovator of lidar-based solutions for automotive (“ADAS/AV”), smart cities, smart spaces and smart industrial applications. With its patented lidar technology, Cepton aims to take lidar mainstream and achieve a balanced approach to performance, cost and reliability, while enabling scalable and intelligent 3D perception solutions across industries. Cepton has been awarded a significant ADAS lidar series production award with Koito on the General Motors business. Cepton is engaged with all top 10 global OEMs. Founded in 2016 and led by industry veterans with decades of collective experience across a wide range of advanced lidar and imaging technologies, Cepton is focused on the mass market commercialization of high-performance, high-quality lidar solutions. Cepton is headquartered in San Jose, California, and has a center of excellence facility in Troy, Michigan, to provide local support to automotive customers in the Metro Detroit area. Cepton also has a presence in Germany, Canada, Japan, India and China to serve a fast-growing global customer base. For more information, visit the company’s website at www.Cepton.com. NOTE TO INVESTORS: The latest news and updates relating to CPTN are available in the company’s newsroom at https://nnw.fm/CPTN About NetworkNewsWire NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge. To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 888-902-4192 (U.S. Mobile Phones Only) For more information please visit https://www.networknewswire.com 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 NetworkNewsWire (NNW) New York, New York www.networknewswire.com 212.418.1217 Office Editor@NetworkNewsWire.com NetworkNewsWire is part of the InvestorBrandNetwork.

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