Cepton (NASDAQ: CPTN) Unveils Ultimate Solution for Automotive Industry - Ultra
Cepton (NASDAQ: CPTN), a Silicon Valley innovator of high-performance lidar solutions, has announced the unveiling of its new flagship automotive lidar, Ultra. The world's slimmest adaptive, long-range lidar, Ultra is designed based on real OEM requirements for next-generation consumer vehicle ADAS and automated driving capabilities. It boasts Cepton's latest innovation - MagnoSteer(TM) - enabling an unmatched combination of performance, power efficiency and compactness. "Powered by MagnoSteer, Ultra breaks the performance bottleneck of 905 nm lidars while taking advantage of a mature, mass-market-ready laser technology. With a 300 m detection range at 10% reflectivity, it can detect and locate a dark object, such as a black car, at a distance 50% further than what is typically required for automotive collision prevention systems to properly react," said Brunno Moretti, SVP of product and commercial operations at Cepton. "All of this is achieved without the need for fiber laser components, which are associated with high costs, low maturity, poor reliability and excessive power consumption for automotive applications. Ultra presents the ultimate solution that the automotive industry needs today: top-notch performance coupled with superior scalability."
To view the full press release, visit https://ibn.fm/dJaDS
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. 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 to serve European customers. 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://ibn.fm/CPTN
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