Articles from Cepton, Inc.

Cepton, Inc. (“Cepton” or the “Company”), a Silicon Valley innovator and leader in high-performance lidar solutions, today announced the completion of its acquisition by KOITO MANUFACTURING CO., LTD. (“Koito”) (TSE: 7276), a leading tier one supplier of automotive lighting systems. As a privately held, indirect subsidiary of Koito in the United States, Cepton will continue to operate with its corporate headquarters in San Jose, CA.

Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high performance lidar solutions, today announced its business updates and financial results for the third quarter ended September 30, 2024.

Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high performance lidar solutions, today announced its business updates and financial results for the second quarter ended June 30, 2024.

Cepton, Inc. (“Cepton” or the “Company”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high performance lidar solutions, announced today that it has signed a definitive agreement (the “Agreement”) providing for the acquisition by KOITO MANUFACTURING CO., LTD. (“Koito”) (TSE: 7276), a leading automotive tier one supplier, of all of the outstanding capital stock of the Company not owned by Koito for $3.17 per share in an all-cash transaction.

Cepton, Inc. (“Cepton”) (Nasdaq ticker: CPTN), a Silicon Valley innovator and leader in high performance lidar solutions, today announced business updates and financial results for the first quarter 2024 ended March 31, 2024.

Cepton, Inc. (“Cepton” or the “Company”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions for automotive and smart infrastructure applications, has announced today that it has signed a significant Engineering Services Agreement (the “Agreement”) with its long-term automotive Tier 1 partner and current shareholder, KOITO MANUFACTURING CO., LTD. (“Koito”) (TSE: 7276) on May 9, 2024.

Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions for automotive and smart infrastructure applications, today announced the unveiling of its proprietary lidar simulation platform, StudioViz™.

Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high performance lidar solutions, announced today it will provide a business update and release its financial results for the first quarter of 2024 following the close of the market on Monday, May 13, 2024. Cepton will hold a conference call and webcast at 2:30 p.m. PT (5:30 p.m. ET) that same day.

Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high performance lidar solutions, today announced business updates and financial results for the fourth quarter and full year ended December 31, 2023.

Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high performance lidar solutions, announced today it will provide a business update and release its financial results for the fourth quarter and full year 2023 following the close of the market on Thursday, March 28, 2024. Cepton will hold a conference call and webcast at 2:30 p.m. PT (5:30 p.m. ET) that same day.

Cepton, Inc. (“Cepton” or the “Company”) (Nasdaq: CPTN), a Silicon Valley innovator of high-performance lidar solutions, announced today the unveiling of its new flagship automotive lidar, Ultra.

Cepton, Inc. (“Cepton” or the “Company”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high performance lidar solutions, announced today that it has received a non-binding indication of interest from Koito Manufacturing Co., Ltd. (“Koito”) to acquire (the “Proposed Transaction”) 100% of the outstanding shares of the Company not already owned by Koito or certain other potential rollover participants including Dr. Jun Pei, Cepton’s President and Chief Executive Officer (collectively, the “Rollover Participants”). Koito has stated in the indication of interest that the terms of any potential agreement between Cepton and Koito would be contingent on certain conditions, including, in particular, satisfactory completion of due diligence review, rollover by the Rollover Participants, retention of key employees, negotiation and agreement of transaction structure and transaction documents, approval of the Proposed Transaction by the board of directors of Koito, and approval by a simple majority vote of the outstanding shares of Cepton.

Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high performance lidar solutions, today announced business updates and financial results for the third quarter ended September 30, 2023.

Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high performance lidar solutions, announced today it will provide a business update and release its financial results for the third quarter of 2023 following the close of the market on Thursday, November 9, 2023. Cepton will hold a conference call and webcast at 2:30 p.m. PT (5:30 p.m. ET) that same day.

Cepton, Inc. (“Cepton” or the “Company”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high performance lidar solutions, announced today that its previously announced 1-for-10 reverse stock split (“Reverse Stock Split”) of its common stock, par value $0.00001 per share (“Common Stock”) became effective on Thursday, September 21, 2023 at 5:00 p.m. Eastern Time (“Effective Time”). The Company's Common Stock will begin trading on a split-adjusted basis on the Nasdaq Stock Market at the open of trading on September 22, 2023 under the existing symbol “CPTN” and new CUSIP number 15673X200.

Cepton, Inc. (“Cepton” or the “Company”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, today announced the appointment of Mitch Hourtienne to Chief Commercial Officer, overseeing the Company’s business growth and market success.

Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high performance lidar solutions, announced today that its Board of Directors (“Board”) has approved a 1-for-10 reverse stock split ("Reverse Stock Split") of its common stock, par value $0.00001 per share ("Common Stock") that is expected to become effective on Thursday, September 21, 2023 at 5:00 p.m. Eastern Time (“Effective Time”). The Company's Common Stock is expected to begin trading on a split-adjusted basis on the Nasdaq Stock Market at the open of trading on September 22, 2023 under the existing symbol "CPTN" and new CUSIP number 15673X200.

Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high performance lidar solutions, announced today its participation in the following investor conferences in September 2023:

Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high performance lidar solutions, today announced business updates and financial results for the second quarter ended June 30, 2023.

Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high performance lidar solutions, announced today it will provide a business update and release its financial results for the second quarter of 2023 following the close of the market on Monday, August 7, 2023. Cepton will hold a conference call and webcast at 2:30 p.m. PT (5:30 p.m. ET) that same day.

Insert at the beginning of the second paragraph: Cepton is scheduled to present at the event on Thursday, August 10 at 1:30 p.m. EST.

Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high performance lidar solutions, announced today that Dr. Jun Pei, Chief Executive Officer, and Hull Xu, Chief Financial Officer, will be participating in the 20th Annual Craig-Hallum Institutional Investor Conference, held in Minneapolis on Wednesday, May 31, 2023.

Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high performance lidar solutions, today announced business updates and financial results for the first quarter ended March 31, 2023.

Cepton, Inc. (“Cepton” or the “Company”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, announced today that it is collaborating with NVIDIA to integrate its Vista-X120 Plus lidar into DRIVE Sim, an end-to-end simulation platform built on Omniverse.

Cepton, Inc. (“Cepton” or the “Company”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, announced today the addition of Luis Gonçalves to its Detroit team as Director of Customer Programs.

Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a leader in high performance lidar solutions for the automotive and smart infrastructure markets, announced today that its lidar technology has been used in groundbreaking studies in Texas and Utah to help improve traffic safety for all road users, in alignment with the national Vision Zero and Complete Streets initiatives.

Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high performance lidar solutions, announced today it will provide a business update and release its financial results for the first quarter of 2023 following the close of the market on Tuesday, May 9, 2023. Cepton will hold a conference call and webcast at 2:30 p.m. PT (5:30 p.m. ET) that same day.

Cepton, Inc. (“Cepton” or the “Company”) (Nasdaq: CPTN), a Silicon Valley innovator of high-performance lidar solutions, announced today the unveiling of its record-breaking new lidar, Vista®-X90 Plus.

Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high performance lidar solutions, announced today that Dr. Jun Pei, Chief Executive Officer, will be participating in a panel discussion on ADAS/AV sensor technologies at the Maxim Group Electric Vehicle & Auto Tech Virtual Conference on Thursday, March 30, 2023.

Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high performance lidar solutions, today announced business updates and financials for the fourth quarter and full year ended December 31, 2022.

Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high performance lidar solutions, announced today it will provide a business update and release its financial results for the fourth quarter and full year 2022 following the close of the market on Tuesday, March 14, 2023. Cepton will hold a conference call and webcast at 2:30 p.m. PT (5:30 p.m. ET) that same day.

Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a leader in high performance lidar solutions for the automotive and smart infrastructure markets, announced today that it has won a multi-million dollar sales contract from one of the largest highway tolling system operators in the U.S. (“Customer”).

Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high performance lidar solutions, announced today its participation in the following conferences:

Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high performance lidar solutions, announced today the completion of its previously announced $100 million investment (the “Investment”) from its long-term automotive Tier 1 partner and current shareholder, Koito Manufacturing Co., Ltd. (“Koito”) (TSE: 7276) on January 19, 2023. The Investment, in the form of convertible preferred stock, was approved at a special meeting of Cepton stockholders on January 11, 2023, and is convertible, beginning on the first anniversary of the issue date, into shares of Cepton’s common stock at an initial conversion price of $2.585 per share.

Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high performance lidar solutions, announced today that its stockholders voted to approve the issuance of 100,000 shares of Series A Convertible Preferred Stock (the “Preferred Stock”) to Koito Manufacturing Co., Ltd. (“Koito”) (TSE: 7276) for $100 million (the “Investment”), in accordance with the terms of the Investment Agreement, dated October 27, 2022, by and between Cepton and Koito.

Cepton, Inc. (“Cepton” or the “Company”) (Nasdaq: CPTN), a Silicon Valley innovator of high-performance lidar solutions, announced today the unveiling of its groundbreaking new lidar, the Vista®-X120 Plus.

Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high performance lidar solutions, announced today that Dr. Jun Pei, Chief Executive Officer, and Hull Xu, Chief Financial Officer, will be participating in the 21st Annual J.P. Morgan Tech/Auto Forum, held at the Bellagio Hotel during CES 2023 in Las Vegas, NV on January 5, 2023.

Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a Silicon Valley innovator of high-performance lidar solutions, announced today additional details around its plans for the upcoming CES 2023, held in Las Vegas, NV, from January 5-8, 2023.

Cepton, Inc. (“Cepton” or the “Company”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, is collaborating with Exwayz to demonstrate new lidar-based perception solutions for mobile robotics applications.

Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a Silicon Valley innovator of high-performance lidar solutions, announced today that it has been recognized for its next-generation automotive lidar product, Vista®-X120 Plus, in the prestigious CES Innovation Award program as a 2023 honoree in the Vehicle Tech & Advanced Mobility category.

Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high performance lidar solutions, today announced business updates and financials for the third quarter ended September 30, 2022.

Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a Silicon Valley innovator of high-performance lidar solutions, ALP.Lab GmbH (“ALP.Lab”), an Austria-based technology provider of autonomous vehicle testing solutions and TE Connectivity, a world leader in sensors and connectors, have completed a proof of concept project that confirms the ability of an integrated system to warn drivers of unseen hazards ahead. Named “Periscope,” the project successfully extended a driver’s field of view by using lidar sensors mounted at the intersection to “look around the corner” and warn of a wayward pedestrian approximately five seconds before they would be visible otherwise.

Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high performance lidar solutions, announced today that Dr. Jun Pei, Chief Executive Officer, and Hull Xu, Chief Financial Officer, will be participating in the 13th Craig-Hallum Alpha Select Conference, held in New York, NY, on November 17, 2022.

Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high performance lidar solutions, announced today that it has entered into a binding investment agreement dated October 27, 2022 (“Investment Agreement”) for a $100 million investment from its long-term automotive Tier 1 partner and current shareholder, Koito Manufacturing Co., Ltd. (“Koito”) (TSE: 7276). As previously reported, the investment will be used to fund Cepton’s next stage of growth as it scales its lidar solutions for mass deployment.

Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high performance lidar solutions, announced today it will provide a business update and release its financial results for the third quarter of 2022 following the close of the market on Tuesday, November 8, 2022. Cepton will hold a conference call and webcast at 2:30 p.m. PT (5:30 p.m. ET) that same day.

Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, today announced that it is working with LidarSwiss Solutions GmbH (“LidarSwiss”) to deploy its lidar technology in a drone-based mapping and analytics solution for infrastructure management and engineering design applications.

Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, today announced its Nova Lidar has been selected as “Automotive Sensor Hardware Solution of the Year” in the third annual AutoTech Breakthrough Awards program.

Cepton, Inc. (“Cepton” or the “Company”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, announced that it is collaborating with NVIDIA to add Cepton lidar models into NVIDIA DRIVE Sim™.

Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, announced today its event schedule for September and October 2022. The Company will be joining a series of events across automotive and smart infrastructure markets in the United States, Japan and Europe over the next two months.

Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, today announced that it has received a non-binding Letter of Intent dated August 29, 2022 (“LOI”) for an investment of up to $100 million from its long-term automotive Tier 1 partner and current shareholder, Koito Manufacturing Co., Ltd. (“Koito”) (TSE: 7276). The proceeds from the proposed investment from Koito, in the form of convertible non-voting preferred stock, would fund Cepton’s next stage of growth as it scales its lidar solutions for mass deployment.

Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high performance lidar solutions, announced today that Hull Xu, Chief Financial Officer, will be participating in the RBC Capital Markets Global Industrials Conference in Las Vegas, NV, on September 13 and September 14, 2022.

Cepton, Inc. (“Cepton” or the “Company”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, will showcase a lidar integration solution for automotive headlamps at the upcoming IAA Transportation 2022 conference. The demonstration will be conducted in collaboration with ZKW Group GmbH (“ZKW”), a specialist for premium lighting systems and electronics.

Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high-performance MMT® lidar solutions, today announced business updates and financials for the second quarter ended June 30, 2022.

Cepton, Inc. (“Cepton” or the “Company”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high-performance MMT® lidar solutions, today announced the appointment of Dr. Liqun Han to Chief Operating Offer, overseeing the Company’s product development and operations teams. In the newly created role, Dr. Han will continue to lead execution of Cepton’s flagship ADAS lidar program and drive product success to support the Company’s growing presence across automotive and smart infrastructure markets.

Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high performance MMT® lidar solutions, announced today that Dr. Jun Pei, Chief Executive Officer, and Hull Xu, Chief Financial Officer, will be participating in the J.P. Morgan Auto conference on August 10, 2022.

Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high performance MMT® lidar solutions, announced today it will provide a business update and release its financial results for the second quarter of 2022 following the close of the market on Monday, August 8, 2022. Cepton will hold a conference call and webcast at 2:30 p.m. PT (5:30 p.m. ET) that same day.

Cepton, Inc. (“Cepton” or the “Company”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high-performance MMT® lidar solutions, today announced that it has selected Fabrinet (NYSEFN), a leading provider of advanced precision optical and electronic manufacturing services, for the production of its Vista®-X90 lidar, which will be deployed in the industry’s largest ADAS lidar series production program.

Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high performance MMT® lidar solutions, and Koito Manufacturing Co., Ltd (“Koito”) (TSE: 7276), a leading automotive lighting equipment tier-1 supplier, jointly announced their intention to expand their existing collaboration efforts to include select future Cepton lidar products and go-to-market activities. Detailed commercial terms are under discussion.

Cepton, Inc. (“Cepton” or the “Company”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high-performance MMT® lidar solutions, today announced the opening of its new corporate office in Metro Detroit (Troy, MI). The location will serve as Cepton’s automotive hub as the Company continues to expand its active engagements and initiatives with original equipment manufacturers (OEMs).

Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high performance MMT® lidar solutions, announced today that it will be added as a member of the Russell 3000® index at the conclusion of the 2022 Russell indexes annual reconstitution, effective after the US market opens on June 27, 2022, according to a preliminary list of additions posted on June 3, 2022.

Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high performance MMT® lidar solutions, announced today its participation in the following investor conferences:

Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high-performance MMT® lidar solutions, announced today that Dr. Jun Pei, Chief Executive Officer, will be speaking at TechCrunch’s signature annual event TC Sessions: Mobility 2022 in San Mateo, CA on May 19, 2022.

Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high-performance MMT® lidar solutions, today announced business updates and financials for the first quarter ended March 31, 2022.

Cepton, Inc. and Lidar News will host a free webinar on Tuesday, May 24th, 2022, at 10:30 a.m. PT (1:30 p.m. ET) to discuss how lidar can enable higher levels of accuracy and efficiency of smart infrastructure applications, with examples of real-world deployments.

Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high performance MMT® lidar solutions, announced today it will provide a business update and release its financial results for the first quarter of 2022 following the close of the market on Wednesday, May 11, 2022. Cepton will hold a conference call and webcast at 2:00 p.m. PT (5:00 p.m. ET) that same day.

Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high-performance MMT® lidar solutions, today announced the appointment of Paul Anawalt to the newly created position of General Counsel, effective today.

Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high performance MMT® lidar solutions, announced today that Dr. Jun Pei, Chief Executive Officer, and Hull Xu, Chief Financial Officer, will be participating in the BofA Securities Global Automotive Summit on April 13, 2022.

Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high-performance MMT® lidar solutions, today announced the appointment of Hull Xu, the Company’s Vice President of Finance and Strategy, to the position of Chief Financial Officer, effective today. Mr. Xu will succeed Dr. Winston Fu, Ph.D., who will remain with the Company as an advisor on strategic projects. Dr. Fu will also remain on the board of directors and become Vice Chairman.

Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high performance MMT® lidar solutions, announced today that Dr. Jun Pei, Chief Executive Officer will be participating in the Maxim Virtual Growth Conference on March 29, 2022.

Cepton, Inc. (Nasdaq: CPTN) (“Cepton”), an innovative provider of lidar-based solutions for automotive applications, announced today it has been selected as an official sponsor and exclusive lidar supplier for the prestigious AutoDrive Challenge™ II competition program.

Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high performance MMT® lidar solutions, announced today its participation in the following investor conferences: