Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.

Indicators

Transformative tech: Cepton's Mitch Hourtienne talks future of LiDAR integration in vehicles

By: News Direct

December 04, 2023 at 12:41 PM EST

--News Direct--

Cepton, Inc. Chief Commercial Officer Mitch Hourtienne joined Steve Darling from Proactive to discuss LiDAR technology. He clarified misconceptions and explained the categories of deals in the automotive sector related to LiDAR adoption.

Hourtienne highlighted partnerships for research and development, design wins indicating integration into systems, and series production awards where vehicle models commit to funding LiDAR within a timeframe. Regarding the time-consuming process of integrating LiDAR into vehicles, Hourtienne likened it to the evolution of cameras and radar on automobiles. He anticipated LiDAR starting with luxury vehicles and progressively becoming widespread for various applications as autonomy levels increase.

Hourtienne emphasized Cepton's collaboration with Koito Manufacturing and General Motors, focusing on hardware installation, power consumption, and software integration to optimize LiDAR for vehicles. The interview provided insights into Cepton's progress, emphasizing successful hardware validation and significant software milestones, enabling vehicles to be tested on public streets. Hourtienne conveyed the ongoing efforts in both hardware and software development, acknowledging the company's commitment to advancing LiDAR technology in the automotive industry.

Contact Details

Proactive Investors

+1 604-688-8158

na-editorial@proactiveinvestors.com

View source version on newsdirect.com: https://newsdirect.com/news/transformative-tech-ceptons-mitch-hourtienne-talks-future-of-lidar-integration-in-vehicles-693405717

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security. All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.
Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.