• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Superconnector
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI superconnector for talent & startupsNEWLLM Arena
    Legal
    Terms of usePrivacy policyCookie policy

    Cepton Sets New Industry Benchmark with Next-Generation Flagship Automotive Lidar, Ultra

    1/8/24 9:00:00 AM ET
    $CPTN
    Auto Parts:O.E.M.
    Consumer Discretionary
    Get the next $CPTN alert in real time by email

    World's slimmest lidar packs Cepton's groundbreaking MagnoSteer™ technology and proprietary ASIC chipset, enabling an unprecedented combination of 300 m range and 0.05° resolution at 12 W power consumption

    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.

    This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240108365365/en/

    Ultra is the world's slimmest adaptive, long-range lidar, designed based on real OEM requirements for next-generation consumer vehicle ADAS and automated driving capabilities. © Cepton, Inc.

    Ultra is the world's slimmest adaptive, long-range lidar, designed based on real OEM requirements for next-generation consumer vehicle ADAS and automated driving capabilities. © Cepton, Inc.

    Ultra is the world's slimmest adaptive, long-range lidar, designed based on real OEM requirements for next-generation consumer vehicle ADAS and automated driving capabilities. It boasts Cepton's latest innovation – MagnoSteer™ – to enable an unmatched combination of performance, power efficiency, and compactness:

    • Maximum detection range: 300 m at 10% reflectivity
    • Angular resolution: 0.05° x 0.05° within regions of interest (ROI)
    • Field of view: 120° (H) x 25° (V) maximum, software definable
    • Typical Power consumption: 12 W
    • Data rate: up to 3.8 million points per second
    • Size: 150 (W) x 24 (H) x 90 (D) mm

    "With the introduction of Ultra, we are proud to reveal MagnoSteer, our next generation of lidar imaging technology," said Brunno Moretti, Senior Vice President of Product and Commercial Operations at Cepton. "MagnoSteer is a revolutionary beam steering mechanism with maximized field of view efficiency. This means that it minimizes the time, space and energy wasted within the architecture as it generates extremely dense point clouds, resulting in impressive data rate from an extremely small package. It is frictionless, automotive-grade and has an infinite mechanical life. It consumes less than half the power of typical scanning systems that deliver comparable performance, while taking up as little as one-fourth of the space.

    "Powered by MagnoSteer, Ultra breaks the performance bottleneck of 905 nm lidars while taking advantage of a mature, mass-market-ready laser technology. With a 300 m detection range at 10% reflectivity, it can detect and locate a dark object, such as a black car, at a distance 50% further than what is typically required for automotive collision prevention systems to properly react. All of this is achieved without the need for fiber laser components, which are associated with high costs, low maturity, poor reliability and excessive power consumption for automotive applications. Ultra presents the ultimate solution that the automotive industry needs today: top-notch performance coupled with superior scalability."

    Ultra is by far the smallest, slimmest high-performance automotive lidar on the market today. Similar performing lidar systems are typically triple the volume and double the height. With its extremely compact form factor and power efficiency, Ultra is designed for seamless integration into various locations on a vehicle without the need for an additional cooling system. It can be embedded behind the windshield and into the roofline, the headlamps and the fascia, enabling high-precision perception for various automotive use cases.

    Ultra's software definable field of view and ROIs enable adaptive perception capabilities to help the vehicle stay focused on high-priority objects. The ROIs are dynamically tunable, creating real-time zones around key objects, such as vehicles and pedestrians, making them stand out against background objects that do not require as many data points. This increases the overall energy efficiency of the automotive perception system without compromising precision. The MagnoSteer architecture also enables more advanced perception capabilities within a single-sensor architecture in the future.

    Ultra is enabled by Cepton's proprietary ASIC chipset, which the company has invested in developing since 2019. Integrating advanced ASICs for both front-end signal processing and back-end point cloud processing, the chipset enhances the technical advantages of MagnoSteer to optimize lidar image quality while minimizing sensor footprint, power consumption and cost.

    Dr. Jun Pei, CEO and Co-founder of Cepton, says: "Ultra stands as the epitome of innovation in automotive lidar, with an unprecedented combination of industry-leading performance, low power consumption and unrivaled compactness. By utilizing our experience in industrializing lidar for mass-market applications, we expect to reduce Ultra's development time by a third as compared to the past, thereby shortening time to market. Targeting a volume price point significantly lower than today's lidar prices, Ultra is poised to enhance vehicle safety across all levels of automation."

    Cepton will be showcasing Ultra during CES 2024, held from January 9th to 12th in Las Vegas, NV. Visit the Cepton team at Booth No. 4040, LVCC or submit a meeting request form to learn more.

    About Cepton

    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 lidar technology, Cepton aims to take lidar mainstream and achieve a balanced approach to performance, cost and reliability, while enabling scalable and intelligent 3D perception solutions across industries.

    Founded in 2016 and led by industry veterans with decades of collective experience across a wide range of advanced lidar and imaging technologies, Cepton is focused on the mass market commercialization of high performance, high quality lidar solutions. Cepton is headquartered in San Jose, CA and has a center of excellence facility in Troy, MI to provide local support to automotive customers in the Metro Detroit area. Cepton also has a presence in Germany to serve European customers. For more information, visit www.cepton.com and follow Cepton on Twitter and LinkedIn.

    View source version on businesswire.com: https://www.businesswire.com/news/home/20240108365365/en/

    Get the next $CPTN alert in real time by email

    Crush Q3 2025 with the Best AI Superconnector

    Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Standout.work

    Recent Analyst Ratings for
    $CPTN

    DatePrice TargetRatingAnalyst
    12/14/2023$2.50Buy → Hold
    Craig Hallum
    9/20/2022Neutral
    JP Morgan
    6/29/2022$5.50Outperform
    Northland Capital
    3/22/2022$4.00Sector Perform
    RBC Capital Mkts
    3/16/2022$19.00Buy
    Craig Hallum
    2/23/2022$22.00Buy
    Maxim Group
    More analyst ratings

    $CPTN
    Press Releases

    Fastest customizable press release news feed in the world

    View All

    Cepton, Inc. Reports Third Quarter 2024 Results

    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. "As we enter the fourth and final quarter of 2024, we are making significant strides in the commercialization of our lidar technology," said Jun Pei, Cepton's Co-Founder and CEO. "With an RFQ with a Top 10 global automotive OEM for our long-range lidar in its final stages and a growing pipeline of opportunities, we are well-positioned to further strengthen our leadership in the automotive lidar market. Additionally, the recently announced acquisition by Koito underscores o

    11/7/24 4:10:00 PM ET
    $CPTN
    Auto Parts:O.E.M.
    Consumer Discretionary

    Cepton, Inc. Reports Second Quarter 2024 Results

    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. "We are in the final stage of RFQ with a Top 10 global automotive OEM for our long-range lidar, and we anticipate final decision in the second half of this year," said Jun Pei, Cepton's Co-Founder and CEO. "We are excited about the next stage of Cepton's growth to better support our automotive OEM customers in the commercialization of our lidar technology." Business Highlights Signed an Agreement and Plan of Merger providing for the acquisition by Koito Manufacturing Co.

    8/12/24 4:10:00 PM ET
    $CPTN
    Auto Parts:O.E.M.
    Consumer Discretionary

    Cepton Signs Definitive Agreement to be Acquired by Koito

    After closing of the proposed transaction, Cepton will operate as a privately held indirect subsidiary of Koito in the U.S., with corporate headquarters in San Jose, CA. Cepton and Koito have partnered since 2017 to industrialize high-performance lidar solutions for mass-market automotive, smart infrastructure and industrial applications. The proposed transaction is poised to accelerate the commercialization of Cepton's lidar technology through increased financial stability and scalability. The integration of Cepton through the proposed transaction is expected to enhance Koito's capabilities in automotive sensing solutions with strengthened technology advancement, product offer

    7/29/24 4:30:00 AM ET
    $CPTN
    Auto Parts:O.E.M.
    Consumer Discretionary

    $CPTN
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    View All

    $CPTN
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    View All

    $CPTN
    SEC Filings

    View All

    Interim CFO Chang Dong returned $184,713 worth of shares to the company (58,269 units at $3.17), closing all direct ownership in the company (SEC Form 4)

    4 - Cepton, Inc. (0001498233) (Issuer)

    1/7/25 5:33:02 PM ET
    $CPTN
    Auto Parts:O.E.M.
    Consumer Discretionary

    Chief Operating Officer Han Liqun returned $795,439 worth of shares to the company (250,927 units at $3.17), closing all direct ownership in the company (SEC Form 4)

    4 - Cepton, Inc. (0001498233) (Issuer)

    1/7/25 5:32:19 PM ET
    $CPTN
    Auto Parts:O.E.M.
    Consumer Discretionary

    Chief Technology Officer Liao Dongyi returned $671,999 worth of shares to the company (211,987 units at $3.17), closing all direct ownership in the company (SEC Form 4)

    4 - Cepton, Inc. (0001498233) (Issuer)

    1/7/25 5:31:38 PM ET
    $CPTN
    Auto Parts:O.E.M.
    Consumer Discretionary

    Cepton downgraded by Craig Hallum with a new price target

    Craig Hallum downgraded Cepton from Buy to Hold and set a new price target of $2.50

    12/14/23 8:02:39 AM ET
    $CPTN
    Auto Parts:O.E.M.
    Consumer Discretionary

    JP Morgan initiated coverage on Cepton

    JP Morgan initiated coverage of Cepton with a rating of Neutral

    9/20/22 7:31:08 AM ET
    $CPTN
    Auto Parts:O.E.M.
    Consumer Discretionary

    Northland Capital initiated coverage on Cepton with a new price target

    Northland Capital initiated coverage of Cepton with a rating of Outperform and set a new price target of $5.50

    6/29/22 9:19:19 AM ET
    $CPTN
    Auto Parts:O.E.M.
    Consumer Discretionary

    SEC Form 15-12G filed by Cepton Inc.

    15-12G - Cepton, Inc. (0001498233) (Filer)

    1/17/25 10:53:19 AM ET
    $CPTN
    Auto Parts:O.E.M.
    Consumer Discretionary

    SEC Form EFFECT filed by Cepton Inc.

    EFFECT - Cepton, Inc. (0001498233) (Filer)

    1/10/25 12:15:11 AM ET
    $CPTN
    Auto Parts:O.E.M.
    Consumer Discretionary

    SEC Form EFFECT filed by Cepton Inc.

    EFFECT - Cepton, Inc. (0001498233) (Filer)

    1/10/25 12:15:10 AM ET
    $CPTN
    Auto Parts:O.E.M.
    Consumer Discretionary

    $CPTN
    Leadership Updates

    Live Leadership Updates

    View All

    Cepton Appoints Mitch Hourtienne to Chief Commercial Officer

    Automotive and semiconductor industry veteran continues to enable business growth by driving commercial strategy and execution as Cepton expands leadership in lidar adoption 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. In the newly created role, Mr. Hourtienne will continue to lead Cepton's business development, product management and marketing teams to solidify the Company's leadership in automotive and smart infrastructure markets and strengthen strategic partn

    9/19/23 9:00:00 AM ET
    $CPTN
    Auto Parts:O.E.M.
    Consumer Discretionary

    Cepton, Inc. Appoints Dr. Liqun Han to Chief Operating Officer

    Stanford Ph.D. and proven industry veteran continues to drive operational excellence as Cepton readies for scale production 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. Since joining the Company in 2016, Dr. Han has led Cepton's product

    8/1/22 9:00:00 AM ET
    $CPTN
    Auto Parts:O.E.M.
    Consumer Discretionary

    Cepton, Inc. Announces General Counsel Appointment

    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. Dr. Jun Pei, Cepton's Co-Founder, Chairman and CEO said: "On behalf of the company I would like to welcome Paul to Cepton. He will be a great addition to our executive team. Cepton is enabling safe and autonomous transportation for everyone. As our General Counsel, Paul's work will help Cepton accelerate our commercial success and help shape the lidar industry." Mr. Anawalt joins Cepton from the Intel Corporation and is a seasoned lawyer with more than 25 yea

    4/18/22 8:00:00 AM ET
    $CPTN
    Auto Parts:O.E.M.
    Consumer Discretionary

    $CPTN
    Financials

    Live finance-specific insights

    View All

    Cepton, Inc. Reports Third Quarter 2024 Results

    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. "As we enter the fourth and final quarter of 2024, we are making significant strides in the commercialization of our lidar technology," said Jun Pei, Cepton's Co-Founder and CEO. "With an RFQ with a Top 10 global automotive OEM for our long-range lidar in its final stages and a growing pipeline of opportunities, we are well-positioned to further strengthen our leadership in the automotive lidar market. Additionally, the recently announced acquisition by Koito underscores o

    11/7/24 4:10:00 PM ET
    $CPTN
    Auto Parts:O.E.M.
    Consumer Discretionary

    Cepton, Inc. Reports Second Quarter 2024 Results

    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. "We are in the final stage of RFQ with a Top 10 global automotive OEM for our long-range lidar, and we anticipate final decision in the second half of this year," said Jun Pei, Cepton's Co-Founder and CEO. "We are excited about the next stage of Cepton's growth to better support our automotive OEM customers in the commercialization of our lidar technology." Business Highlights Signed an Agreement and Plan of Merger providing for the acquisition by Koito Manufacturing Co.

    8/12/24 4:10:00 PM ET
    $CPTN
    Auto Parts:O.E.M.
    Consumer Discretionary

    Cepton, Inc. Reports First Quarter 2024 Results

    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. "We started fiscal year 2024 with strong results in our commercial activities, securing a new series production award along with our tier 1 partner, Koito, from a global OEM for our near-range lidar," said Jun Pei, Cepton's Co-Founder and CEO. "We believe we have positioned ourselves as a leader in industrializing lidar for the automotive market." Business Highlights Automotive Secured a new series production award with a global OEM over a multi-year period fo

    5/13/24 4:10:00 PM ET
    $CPTN
    Auto Parts:O.E.M.
    Consumer Discretionary

    $CPTN
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    View All

    Amendment: SEC Form SC 13D/A filed by Cepton Inc.

    SC 13D/A - Cepton, Inc. (0001498233) (Subject)

    7/30/24 3:24:24 PM ET
    $CPTN
    Auto Parts:O.E.M.
    Consumer Discretionary

    Amendment: SEC Form SC 13D/A filed by Cepton Inc.

    SC 13D/A - Cepton, Inc. (0001498233) (Subject)

    7/29/24 6:18:21 AM ET
    $CPTN
    Auto Parts:O.E.M.
    Consumer Discretionary

    SEC Form SC 13G filed by Cepton Inc.

    SC 13G - Cepton, Inc. (0001498233) (Subject)

    3/26/24 6:07:52 PM ET
    $CPTN
    Auto Parts:O.E.M.
    Consumer Discretionary