CORRECTING and REPLACING Cepton Technologies Expands U.S. Operations, Opens Detroit Office

New office will ensure success for its current customer base and help expand its portfolio of customers in the automotive and mobility markets

CORRECTION...by Cepton Technologies, Inc.

SAN JOSE, Calif.--()--Second paragraph, third sentence of release should read: Additionally, this expansion will help facilitate closer work with not only these customers, but current top partners such as May Mobility and North American Lighting, and others to be announced in 2019.

The corrected release reads:

CEPTON TECHNOLOGIES EXPANDS U.S. OPERATIONS, OPENS DETROIT OFFICE

New office will ensure success for its current customer base and help expand its portfolio of customers in the automotive and mobility markets

Cepton Technologies, Inc., a provider of 3D LiDAR solutions for automotive, industrial, and mapping applications, today announced the opening of a new office in Detroit, Michigan that will operate as a key commercial and technical hub for the company. The new office, which will officially open on March 4, 2019, will ensure success for its current customer base and help rapidly expand its portfolio of customers in the automotive and mobility markets.

The opening of the Detroit office continues Cepton’s commitment to providing customers with high resolution, long-range and cost-efficient LiDAR solutions for 3D perception with a specific focus on meeting the needs of the automotive and mobility industries. Cepton has several current and prospective customers within the Detroit area that this office will help better serve. Additionally, this expansion will help facilitate closer work with not only these customers, but current top partners such as May Mobility and North American Lighting, and others to be announced in 2019.

“Cepton is committed to helping our customers bring self-driving vehicles to market by mass producing long range, high resolution, compact LiDAR sensors at an affordable price,” said Jun Pei, CEO and co-founder of Cepton Technologies. “It strategically makes sense to have a team based in Detroit where they can work closely with our customers to help them accomplish their goals and obtain their feedback to further advance our solutions.”

The Detroit office will be staffed with local talent, starting with three team members and has plans to expand up to 10 employees during the next 12 months. The company’s Director of Business Development, Mitch Hourtienne, will lead the office expansion with members from other Cepton offices around the world visiting and working short-term rotations. The team will support customers as they implement and launch Cepton’s technology and products.

Cepton introduced two new LiDAR products, Vista-M and Vista-X, designed for all levels of autonomous application at CES 2019, and will begin mass producing its portfolio of LiDAR sensors in partnership with Celestica this year with full volume production by 2020.

To learn more about Cepton Technologies, please visit: http://www.cepton.com/.

About Cepton Technologies, Inc.

Cepton Technologies, Inc. is a 3D sensing solutions provider shipping next-generation LiDAR products for the automotive, industrial and mapping markets. Founded in 2016 and led by LiDAR and advanced image industry veterans, Cepton has a leadership team that recognizes where the automotive industry and Internet of Things (IoT) market are headed and have deployed four advanced LiDAR solutions that are mapping the future. Cepton LiDAR technology delivers unrivaled detection range and resolution at low cost, to enable perception for the fast-growing market for smart machines. For more information, visit http://www.cepton.com/.

Contacts

Mackenzie Whitfield
Cepton Technologies, Inc.
media@cepton.com

Contacts

Mackenzie Whitfield
Cepton Technologies, Inc.
media@cepton.com