TinyGemsBreaks – Cepton Inc. (NASDAQ: CPTN) on Track to Become Leader in Lidar
Cepton (NASDAQ: CPTN) is a developer of lidar sensors for advanced driver assistance systems (“ADAS”) and autonomous driving. “The Silicon Valley-based company made D-sample shipments in Q1 in support of GM’s Ultra Cruise program, which is the final stage before scale production, and is on track to potentially be the world’s first lidar company to have its products found in consumer vehicles,” a recent article reads. “High cost has been one major problem with lidar systems for automakers, reserving it to only high-end models. Cepton has helped address this issue with its MMT(R) (micro-motion technology) lidar system, which was developed…