Cepton Inc. CPTN Archives - Page 14 of 14

WednesdayMar 02, 2022 9:00 am

Cepton Inc. (NASDAQ: CPTN) Hits Wall Street After Successful SPAC Merger; Initial Market Capitalization More Than Doubled Since Last Private Valuation

Cepton makes public debut after completing business combination with GCAC; appears on track to deliver on its vision to expand leading market position and drive value for stakeholders With initial market capitalization of around $1.4 billion, Cepton more than doubled its last private valuation of $615 million Company has grand plans for future; aims to be the one to extend LiDAR technology adoption from the luxury sector to mainstream Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance MMT(R) LiDAR solutions, made its Wall Street debut on February 11, 2022, following the successful completion of its previously announced…

TuesdayMar 01, 2022 12:36 pm

QualityStocksNewsBreaks – Cepton Inc. (NASDAQ: CPTN), Fibre Based Integrations Collaborate to Bring Smart Solutions to Cape Town

Cepton (NASDAQ: CPTN), a Silicon Valley-based smart lidar solution provider, together with Fibre Based Integrations, an established fiber optics systems house, are collaborating to develop lidar-based vehicle detection solutions in Cape Town, South Africa, to enable city-wide smart transportation infrastructure. According to the update, the joint effort combines Fibre Based Integrations’ expertise in optics system integration and Cepton’s innovative lidar technologies to help the city of Cape Town monitor lane usage and identify vehicles using incorrect lanes. Fibre Based Integrations has deployed vehicle classification systems on traffic lights at intersections and overhead devices that incorporate Cepton’s Helius(R) Smart Lidar System…

MondayFeb 28, 2022 11:52 am

QualityStocksNewsBreaks – Cepton Inc. (NASDAQ: CPTN) Secures $25M in Growth Capital, Announces Upcoming Investor Conference Schedule

Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high performance MMT(R) lidar solutions, has secured a $25 million facility from Trinity Capital Inc. (NASDAQ: TRIN), a leading specialty lending company that provides debt, including loans and equipment financing, to growth-stage companies backed by technology banks, venture capital and private equity firms. The transaction was completed prior to the closing of the merger between Cepton Technologies and Growth Capital Acquisition Corp, now renamed to Cepton Inc. According to the update, $10 million was drawn under the facility, and, subject to conditions under the agreement, Cepton has the option to…

ThursdayFeb 17, 2022 11:25 am

QualityStocksNewsBreaks — Cepton Technologies Inc. (NASDAQ: CPTN) to Ring Bell, Open NASDAQ Market Today

Cepton Technologies (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance Micro Motion Technology(R) (“MMT”) lidar solutions was scheduled to ring the opening bell on the market today at 9:15 a.m. ET. The ceremonial bell-ringing activity marks the company’s official public listing on the NASDAQ market, which was a week ago on Feb. 11, 2022. Cepton CEO and cofounder Dr. Jun Pei was slated to ring the bell; he was to be joined by cofounder and chief technical officer Dr. Mark McCord as well as George Syllantavos and Akis Tsirigakis, co-CEOs from the company’s SPAC partner Growth Capital Acquisition Corp.…

ThursdayFeb 17, 2022 11:00 am

Cepton Inc. (NASDAQ: CPTN) Completes Merger, Brings Next Generation Lidar to Public

Cepton completed a merger with SPAC Growth Capital Acquisition Corp. and began trading on the NASDAQ Capital Markets on February 10, 2022 Cepton is a maker of next generation lidar technology that has significant advantages over competition The company’s MMT(R) technology has been validated by Tier 1 automotive OEMs and earned the company the lidar industry’s biggest contract to date where GM will use Cepton products in its cars equipped with its new Ultra Cruise ADAS Apart from Tesla, companies are aligning with lidar companies to improve safety in advanced driving technology and position for the seemingly inevitable age of…

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Tag: Cepton Inc. CPTN

Cepton Inc. (NASDAQ: CPTN) Hits Wall Street After Successful SPAC Merger; Initial Market Capitalization More Than Doubled Since Last Private Valuation

QualityStocksNewsBreaks – Cepton Inc. (NASDAQ: CPTN), Fibre Based Integrations Collaborate to Bring Smart Solutions to Cape Town

QualityStocksNewsBreaks – Cepton Inc. (NASDAQ: CPTN) Secures $25M in Growth Capital, Announces Upcoming Investor Conference Schedule

QualityStocksNewsBreaks — Cepton Technologies Inc. (NASDAQ: CPTN) to Ring Bell, Open NASDAQ Market Today

Cepton Inc. (NASDAQ: CPTN) Completes Merger, Brings Next Generation Lidar to Public

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