Cepton Technologies (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, was recognized for its Nova Lidar sensor in the third annual AutoTech Breakthrough Awards program. A miniature, near-range lidar sensor designed to enhance vehicle safety and enable autonomous driving capabilities, Nova Lidar was named Automotive Sensor Hardware Solution of the year by AutoTech Breakthrough. The leading market intelligence organization annually recognizes top companies, technologies and products throughout the global automotive and transportation technology markets. Other companies that were awarded top awards for their advancements in automotive and transportation technologies included BMW, Toyota and Lyft. Nova Lidar can make driving safer by minimizing perception blind spots in the immediate surroundings of a vehicle; the technology can be seamlessly embedded in places that can be difficult to access, such as the side mirror, tailgate, front grille, rear bumper and headlamp in order to provide accurate detection of smaller targets, such as children, on-road objects and curbs. “We are thrilled to be singled out by AutoTech Breakthrough for this amazing recognition,” said Cepton Technologies vice president of product Brunno Moretti in the press release. “At Cepton, we believe safe autonomy should be accessible to everyone. Nova was designed to enable substantial advancements in the automotive industry and increase vehicle safety across different levels of autonomy. Powered by Cepton’s patented lidar technologies, Nova possesses the versatility needed for scalable deployment in various applications, from ADAS to autonomous driving, from trucking to mobile robotics. We are confident that Nova will fundamentally change the game for near-range sensing in autonomous mobility.”
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About Cepton Technologies 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 also engaged with all other 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 about the company, visit www.Cepton.com.
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