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Cepton, Inc. (NASDAQ: CPTN) Advances Lidar Solutions Enabling Automatic Emergency Braking, NHTSA Pushes for New Rules

  • Automatic Emergency Braking (“AEB”) uses sensors to monitor and detect obstacles and apply the brakes to either prevent the collision or reduce impact severity
  • The Insurance Institute for Highway Safety (“IIHS”) conducted a study revealing that AEB with pedestrian detection was associated with a 29%-30% reduction in pedestrian injury crash risk
  • The U.S. Department of Transportation’s National Highway Traffic Safety Administration (“NHTSA”) recently announced a Notice of Proposed Rulemaking requiring AEB on all new passenger cars and light trucks
  • Cepton’s Vista(R)-X90 Plus is billed as the “world’s smallest” lidar with extensive integration capabilities allowing manufacturers to seamlessly embed the system without disrupting the vehicle’s design
  • Cepton engages with all top 10 global OEMs, develops solutions for ADAS, early-warning intrusion detection, crowd analytics, airport terminal monitoring, railway-level obstacle detection, free-flow e-tolling, and other perception solutions for smart infrastructure

Automatic Emergency Braking (“AEB”) is a vehicle safety feature designed to help prevent or mitigate accidents. This technology uses sensors to monitor, detect obstacles and apply the vehicle’s brakes to avoid collisions or reduce impact severity.

AEB uses various sensors, and there has been a rising trend in the automotive industry to add lidar into the sensor suite for increased accuracy – an acronym for “light detection and ranging”. A lidar sensor emits light pulses, which bounce back when they hit an object, to measure distance based on time of…

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

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