Cepton Inc (NASDAQ:CPTN) CFO Hull Xu joined Steve Darling from Proactive to share news about the company that is using it lidar-based solutions in a number of industries including automotive, smart cities and smart industry. Xu told Proactive more about the company’s technology and also how the technology smart cars even smarter with embedded software, including cybersecurity, over-the-air updates, functional safety and multiple custom features. The company has been awarded a series production program by General Motors and Cepton is currently in the execution phase and plans to start production by the end of this year. They are also engaged with other top global OEMs and exploring opportunities in markets like smart cities, autonomous warehouses, and security.
“Smart Cars” Cepton looking to use its patented lidar technology in the automotive industry
