Cepton, Inc. (NASDAQ: CPTN) Sees Lidar’s Uses Expand, Maintaining Accuracy and Safety Above All
US traffic-related fatalities touched a 16-year high in 2021, outstripping other major economies across the World The US Collision Industry Conference has forecast crash rates to decline by as much as 20% by 2030 on the back of widespread ADAS adoption Cepton has pioneered the use of lidar, a key sensor technology, across automotive and smart infrastructure applications. In 2019, the company was the recipient of the single largest ADAS lidar series production award with Koito on the General Motors business Cepton has now seen its lidar technology expand far beyond its initial intended use, ranging from revisioning public venues…