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…