Cepton, Inc. (NASDAQ: CPTN) Kicks off the New Year; Launches Vista(R)-X120 Plus — Ultra-Slim, Next-Gen Lidar for ADAS and Automotive Driving Applications

• Built upon its predecessor–Vista-X90 lidar–that is being used in Cepton’s flagship ADAS lidar program with GM and Koito, the Vista-X120 Plus is designed to significantly enhance lidar performance without compromising reliability, size, power efficiency, and cost
• Vista-X120 Plus advances the company’s vision of enabling safe and autonomous transportation for everyone through mass-market lidar adoption.
• As a member of the Lidar Coalition, Cepton showcased its new product and a comprehensive portfolio of its lidar solutions at CES 2023, one of the most influential tech events in the world; the company demonstrated its adaptive 3D perception and simulations featuring a Chevy Silverado and a Ford F-150 equipped with Cepton’s latest vehicle integration solutions

“Cepton (NASDAQ: CPTN) was one of the firsts to scale lidar for high-volume, multi-vehicle model deployment through our flagship lidar program,” said Dr. Jun Pei, CEO, and Co-Founder of this Silicon Valley innovator of high-performance lidar solutions, as he announced the launch of the company’s latest innovative product – a new game-changing lidar called Vista(R)-X120 Plus (https://ibn.fm/rB4a9). “Utilizing OEM-validated building blocks, the Vista-X120 Plus aims to enhance vehicle safety across all levels of automation. This pathbreaking lidar is positioned to quickly hit the mass market and enable the precision needed for autonomous driving at a safety level that every consumer deserves,” Pei continued as he revealed specifics about Cepton’s new product addition claimed by the company to be the world’s slimmest software-definable, top-tier automotive lidar for real-time adaptive 3D perception (https://ibn.fm/POpek).

Building on Cepton’s existing Vista-X90 lidar – an already established, groundbreaking automotive-grade lidar expected to be deployed in the company’s flagship ADAS lidar series production program – the Vista-X120 Plus– aspires to raise yet another bar in the lidar market. With a reported 500% increase in…

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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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