–News Direct–
Mitch Hourtienne, Chief Commercial Officer at Cepton, Inc. (NASDAQ:CPTN), discussed the evolution of LiDAR technology in a recent interview. Over the past 15 years, LiDAR costs have significantly decreased, making it more accessible.
Hourtienne highlighted Cepton Incs approach to cost efficiency, emphasizing their use of a low-cost base material and strategic supplier partnerships. Cepton Inc.s choice of a 905 nanometer wavelength for their laser, based on widely available silicon, contributes to affordability. In contrast, other companies using a 1550 nanometer wavelength incur higher costs due to exotic materials.
Hourtienne emphasized the importance of careful partner selection, citing a strong 100-year vision as a crucial factor. Cepton's commitment to innovation includes developing their own application-specific integrated circuit (ASIC) for high-volume, low-cost production.
The interview showcases Cepton Inc.s dedication to advancing LiDAR technology economically through strategic partnerships and innovative design choices.
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View source version on newsdirect.com: https://newsdirect.com/news/cepton-incs-chief-commercial-officer-reveals-cost-efficient-innovations-and-strategic-partnerships-140961302
Cepton, Inc.
COMTEX_445144470/2655/2023-12-18T12:09:25
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