Cepton Inc. CPTN Archives - Page 13 of 14

WednesdayApr 06, 2022 9:00 am

Cepton, Inc. (NASDAQ: CPTN) Poised to Benefit as Non-Automotive Sector Becomes Increasingly Important for LiDAR Producers

LiDARs have been one of key enablers for autonomous vehicle sector, but this unique technology offers use cases beyond automotive industry Consumer Electronics Show, one of the world’s most influential tech events, demonstrates that LiDAR is growing within non-automotive landscape, including smart city/infrastructure and security Cepton set to benefit as the Company has already established its presence in non-automotive, delivering LiDAR systems for smart cities, spaces, and industrial applications around the globe Cepton (NASDAQ: CPTN), a Silicon Valley leader in innovative, high-performance LiDAR solutions, appears well-positioned to benefit as the non-automotive applications of the LiDAR technology grow. LiDAR technology seems…

TuesdayApr 05, 2022 1:56 pm

QualityStocksNewsBreaks – Cepton Inc. (NASDAQ: CPTN) Appoints Hull Xu as Chief Financial Officer

Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance MMT(R) lidar solutions, today announced the appointment of Hull Xu, the company’s VP of finance and strategy, to the position of chief financial officer. Effective immediately, Xu succeeds Dr. Winston Fu, Ph.D., who will remain with the company as an advisor on strategic projects. Dr. Fu will also remain on the board of directors and become vice chairman. “Hull has demonstrated tremendous leadership and experience in finance and strategic matters since he joined Cepton,” said Dr. Jun Pei, Cepton’s co-founder, chairman and CEO. “We look forward to Hull’s continued…

MondayMar 28, 2022 3:02 pm

QualityStocksNewsBreaks – Cepton Inc.’s (NASDAQ: CPTN) Lidar Tech Unlocking New Possibilities for Implementing Smart City Solutions in Cape Town

Cepton (NASDAQ: CPTN) recently entered into a partnership with Fibre Based Integrations, an established fiber optics systems house, to develop a lidar-based vehicle detection system aimed at assisting the creation of smart transportation infrastructure in Cape Town, South Africa. “The use of Cepton’s innovative lidar technology will allow the system to provide authorities with analytics designed to improve traffic flow and safety for motorists and pedestrians alike,” reads a recent article. The autonomous vehicle sector has widely acclaimed lidar technology as a key sensor technology; it has a higher spatial resolution, which allows it to perform better than cameras and…

ThursdayMar 24, 2022 2:37 pm

QualityStocksNewsBreaks — Cepton Technologies Inc. (NASDAQ: CPTN) Announces Participation in Upcoming Maxim Virtual Growth Conference

Cepton Technologies (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance Micro Motion Technology(RM) (“MMT”) lidar solutions, will be participating in this month’s Maxim Virtual Growth Conference. CPTN CEO Dr. Jun Pei will be participating in a panel discussion during the one-day conference, which is scheduled for March 29, 2022. Titled “Taking the Wheel: Making Cars and Mobility Smarter,” the panel will feature other automotive leaders as well and is slated to begin at 11 a.m. ET. Pei will also be available for one-on-one meetings throughout the event. To view the panel discussion, visit https://ibn.fm/fXYA5 To view the full press…

TuesdayMar 22, 2022 9:15 am

Common in ADAS, Cepton Inc. (NASDAQ: CPTN) CEO Sees Lidar Going Mainstream in Autonomous Driving and More

ResearchAndMarkets forecasts a 21.7% CAGR for the global lidar market to reach $3.74 billion by 2026 Cepton won the largest auto industry lidar contract to date from General Motors, which will use Cepton products in its Ultra Cruise package Cepton is well funded after its IPO and is in negotiations with world’s leading auto OEMs, as well as over 120 companies regarding Smart Infrastructure When carmakers are adding hardware technology to a vehicle even though current software isn’t there yet to maximize the capability, a change is in the works. That’s what is happening with lidar, an acronym for light…

WednesdayMar 16, 2022 9:15 am

Cepton, Inc. (NASDAQ: CPTN) Updates the Market on South African Joint Venture, Reveals Attendance at Investor Conferences

Cepton recently revealed that it had recently entered a partnership with Fibre Based Integrations to develop a lidar-based vehicle detection solution, with the goal of furthering Cape Town’s smart transportation infrastructure The smart transportation solution ranks amongst one of over 100 projects which Cepton is currently pursuing, for applications of its lidar technology outside of its traditional use within autonomous vehicles Separately, the company announced their intention of participating in investor conferences hosted by Cowen and Berenberg in early March 2022, with the goal of updating institutional investors on their ongoing operational highlights By most standards, Cepton (NASDAQ: CPTN), a…

TuesdayMar 15, 2022 1:23 pm

QualityStocksNewsBreaks – 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…

FridayMar 11, 2022 10:46 am

QualityStocksNewsBreaks — Cepton Technologies Inc. (NASDAQ: CPTN) Releases Q4, FY2021 Financial Results and Corporate Update

Cepton Technologies (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance Micro Motion Technology(RM) (“MMT”) lidar solutions, has reported its financial and business updates for the fourth quarter and full year ending Dec. 31, 2021. Highlights of the report included the company’s public listing in February 2022, which resulted in cash and available liquidity of $175 million. The report also noted that key production milestones have been completed with tier-1 partner Koito Manufacturing; those milestones support CPTN’s General Motors Ultra Cruise program. In addition, the company advanced engagements with four other top-10 automotive OEMs for mass-market vehicle adoption of Cepton…

TuesdayMar 08, 2022 1:04 pm

QualityStocksNewsBreaks — Cepton Inc. (NASDAQ: CPTN) Releases Date for Financial Report, Business Update

Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance MMT(R) (“MMT) lidar solutions, has announced when it plans to report its FY2021 financial results as well as a business update. According to the announcement, the company will release the information on March 10, 2022. In accordance with reporting its financial report and business update, Cepton has also scheduled a conference call and webcast for the same day; the call will begin at 2 p.m. PT. Those interested can call 844-826-3035 to listen to the live call. Two hours following the event, a replay of the conference call will be…

MondayMar 07, 2022 11:00 am

Cepton Inc.’s (NASDAQ: CPTN) Management Rings Nasdaq Opening Bell After Commencing Formal Trade on the Exchange

Cepton, Inc formally listed on the Nasdaq Capital Market on February 11, 2022, following the merger between Cepton Technologies Inc., and SPAC, Growth Capital Acquisition Corp (GCAC) Cepton’s CEO, Dr. Jun Pei rang the Nasdaq opening bell on Thursday, February 17, alongside CTO Dr. Mark McCord and members of both, Cepton Technologies and Growth Capital Acquisition Corp GCAC and Cepton arrived at a formal combination agreement on August 5, 2021, with the transaction valuing Cepton at an enterprise value of $1.5 billion Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance MMR(R) lidar solutions, held the opening bell…

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