Cepton, Inc.’s (NASDAQ: CPTN) Confidence Rises as Lidar Becomes Critical Element in Road Safety Toolbox Amid Record High Pedestrian Fatalities

  • The latest data uncovers a troubling reality that existing technologies have limitations in mitigating road accidents; pedestrian deaths reached a grim milestone not seen in four decades
  • As the need for better transportation safety becomes more urgent than ever before, innovative solutions are needed; the latest research shows that combining lidar, camera, and radar can achieve the greatest potential for eliminating fatalities
  • As a company leading the charge in designing next generation lidar technology, Cepton is committed to prioritizing safety in automated vehicles to enhance the traffic experience for today’s drivers, passengers, and pedestrians

The latest figures from the United States reveal a worrisome trend. Despite the increased use of advanced safety and collision avoidance technology in modern cars, pedestrian fatalities have been on the rise, revealing a gap within today’s widely deployed technologies in mitigating traffic accidents. Companies like Cepton (NASDAQ: CPTN) work to design innovative solutions that can bridge this gap and provide increased safety and efficiency for drivers worldwide. With lidar innovations that aim to deliver an unmatched combination of superior performance, power efficiency, adaptivity, compactness, cost, and reliability, Cepton focuses on enhancing the experience for today’s drivers, passengers, and pedestrians alike to give them a stronger sense of safety as an essential prerequisite for broader consumer acceptance.

Even with all the technological advancements, roadway crashes continue to be the leading cause of death in the U.S., and pedestrians are dying at the highest rate in decades. Following a 25-year period of decline, fatalities have alarmingly increased in recent years, with the number of…

Read More>>

NOTE TO INVESTORS: The latest news and updates relating to CPTN are available in the company’s newsroom at https://ibn.fm/CPTN

About TechMediaWire

TechMediaWire (“TMW”) is a tech-focused financial news and content distribution company, one of 50+ brands within IBN, providing: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of corporate communications solutions. As a specialized communications platform with an extensive team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public tech companies that desire to reach a wide audience comprising investors, consumers, journalists and the general public. By putting a spotlight on the latest and greatest in the tech industry, TMW brings its clients unparalleled visibility, recognition and brand awareness. TMW is where investors come to learn about the next big things in tech and the companies that are making them happen.

To receive SMS text alerts from TechMediaWire, text “TECH” to 844-397-5787 (U.S. Mobile Phones Only)

For more information, please visit https://www.TechMediaWire.com

Please see full terms of use and disclaimers on the TechMediaWire website applicable to all content provided by TMW, wherever published or re-published: https://TechMediaWire.com/disclaimer

TechMediaWire (TMW)
Los Angeles, CA
www.TechMediaWire.com
212.418.1217 Office
Editor@TechMediaWire.com

TechMediaWire is part of IBN.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.