SAN JOSE, Calif.–(BUSINESS WIRE)–Cepton, Inc. (Nasdaq: CPTN), a Silicon Valley innovator and leader in high-performance MMT® lidar solutions, announced that the company will hold its grand opening ceremony at Nasdaq today on Thursday, February 17, 2022 at 9:15 a.m. ET.
Cepton began its public listing on the Nasdaq Capital Market on February 11, 2022. To celebrate this milestone, Cepton CEO and Co-Founder Dr. Jun Pei will ring the opening bell alongside CTO and Co-Founder , Dr. Mark McCord, as well as co-CEO of the company’s SPAC partner, Growth Capital Acquisition Corp., George Syllantavos and Akis Tsirigakis. They will also be joined by members of the Cepton team and representatives of strategic partners, investors and advisors.
“By ringing the Nasdaq bell today, we will not only open the markets for the day, but we will also usher in a new era of innovation focused on the goal of establishing lidar as a consumer automotive sensor technology,” said said Dr. Jun Pei, CEO of Cepton. “I am delighted to be joined by the physical and virtual presence of my talented colleagues and those who have supported us at all stages of Cepton’s growth. I’m excited about our journey as a public company, and we remain true to our mission to provide safe, self-sufficient transportation for all.
About Cepton Technologies, Inc.
Cepton is a Silicon Valley innovator of lidar-based solutions for automotive (ADAS/AV), smart cities, smart spaces, and smart industrial applications. With its patented Micro Motion (MMT®) technology, Cepton aims to make lidar mainstream and achieve a balanced approach to performance, cost and reliability, while enabling scalable and intelligent 3D perception solutions across industries.
Cepton has received the highest known ADAS lidar series production award in the industry to date, based on the number of vehicle models awarded, to support General Motors’ Ultra Cruise program. Cepton is also engaged with all other Top 10 global OEMs.
Founded in 2016 and led by industry veterans with decades of collective experience in a wide range of advanced lidar and imaging technologies, Cepton is focused on mass-marketing high-performance, high-quality lidar solutions. Cepton is headquartered in San Jose, CA with a Center of Excellence in Troy, Michigan to provide local support to the OEM and Tier 1-strewn Detroit metro area. Cepton is also present in Germany, Canada, Japan, India and China to serve a rapidly growing global customer base. For more information, visit www.cepton.com and follow Cepton on Twitter and LinkedIn.
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