Cepton, Inc. (NASDAQ: CPTN) Launches ‘Periscope’ Lidar-Based Sensory System Designed to Increase Pedestrian Safety
70% of total fatalities in urban areas are vulnerable road users As of 2000, a U.S.-based pedestrian was involved in a fatal accident every 81 minutes In conjunction with its technological partners, Cepton has designed a lidar-based road sensor, directed to warn drivers about potential pedestrian activity around a corner 5 seconds before they would otherwise be visible Despite its original intended use as an advanced motion-system tool, the use of lidar technology has far surpassed its original necessities Today, lidar technology is being used within a wide array of initiatives and industries, ranging from security and safety solutions, smart…