About Us

Laser Focus World is an industry bedrock—first published in 1965 and still going strong. We publish original articles about cutting-edge advances in lasers, optics, photonics, sensors, and quantum technologies, as well as test and measurement, and the shift currently underway to usher in the photonic integrated circuits, optical interconnects, and copackaged electronics and photonics to deliver the speed and efficiency essential for data centers of the future.

Our 80,000 qualified print subscribers—and 130,000 12-month engaged online audience—trust us to dive in and provide original journalism you won’t find elsewhere covering key emerging areas such as laser-driven inertial confinement fusion, lasers in space, integrated photonics, chipscale lasers, LiDAR, metasurfaces, high-energy laser weaponry, photonic crystals, and quantum computing/sensors/communications. We cover the innovations driving these markets.

Laser Focus World is part of Endeavor Business Media, a division of EndeavorB2B.

Laser Focus World Membership

Never miss any articles, videos, podcasts, or webinars by signing up for membership access to Laser Focus World online. You can manage your preferences all in one place—and provide our editorial team with your valued feedback.

Magazine Subscription

Can you subscribe to receive our print issue for free? Yes, you sure can!

Newsletter Subscription

A Laser Focus World newsletter subscription is free to qualified professionals:

The Daily Beam

Showcases the newest content from Laser Focus World, including photonics- and optics-based applications, components, research, and trends. (Daily)

Product Watch

The latest in products within the photonics industry. (9x per year)

Bio & Life Sciences Product Watch

The latest in products within the biophotonics industry. (4x per year)

Laser Processing Product Watch

The latest in products within the laser processing industry. (3x per year)

Get Published!

If you’d like to write an article for us, reach out with a short pitch to Sally Cole Johnson: [email protected]. We love to hear from you.

Photonics Hot List

Laser Focus World produces a video newscast that gives a peek into what’s happening in the world of photonics.

Following the Photons: A Photonics Podcast

Following the Photons: A Photonics Podcast dives deep into the fascinating world of photonics. Our weekly episodes feature interviews and discussions with industry and research experts, providing valuable perspectives on the issues, technologies, and trends shaping the photonics community.

Social Media

Bluesky • Facebook • Instagram • LinkedIn • YouTube

Meet the Laser Focus World Team

Editorial

Sales

Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology
My Watchlist
Indicators
Industrial Laser Index
Markets
Stocks
ETFs
Tools
Markets:
Overview
News
Currencies
International
Treasuries

Cepton Secures Multi-Million Dollar Lidar Contract from Leading US Highway Tolling System Operator

By: via Business Wire

State-of-the-art lidar solution to be deployed nationwide, helping to improve America’s infrastructure by enabling accurate and intelligent tolling applications

Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a leader in high performance lidar solutions for the automotive and smart infrastructure markets, announced today that it has won a multi-million dollar sales contract from one of the largest highway tolling system operators in the U.S. (“Customer”).

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230206005205/en/

Lidar can significantly increase the accuracy of gantry-based electronic tolling systems, which have been widely deployed in the U.S. to enable free-flow toll collection.

Lidar can significantly increase the accuracy of gantry-based electronic tolling systems, which have been widely deployed in the U.S. to enable free-flow toll collection.

Under the terms of the large-scale contract, Cepton’s Sora series lidar sensors will be deployed in the U.S. by the Customer on several major tollways located in the Tri-State area and Northern California. This partnership is expected to be the largest commercial lidar deployment in the tolling sector to date, with potential to scale outside of the U.S. for future projects.

“We’re proud to announce our new contract win with one of the largest tolling system operators in the U.S. and contribute to the infrastructure rebuilding initiative,” said Dr. Jun Pei, Co-founder and CEO of Cepton. “In addition to superior performance, our Sora lidars were designed using the same auto-grade building blocks that have been validated by OEMs through our flagship automotive lidar program, and are reliable, embeddable, scalable, and energy efficient, which are key advantages for tolling applications.”

Cepton’s Sora lidars feature industry-leading scanning speed and data rate, enabling very detailed and accurate 3D profiling of vehicles passing at highway speeds. They have been used to modernize tolling infrastructure worldwide by facilitating free-flow, electronic toll collection, significantly reducing traffic congestion and toll leakage.

With tens of millions of vehicles using tollways per year, inaccuracies can result in significant revenue loss, administrative costs and customer dissatisfaction. Compared with ground loops that have been traditionally used to identify vehicle types, gantry-based systems powered by lidar intelligence are much more accurate due to their 3D precision and real-time vehicle classification capabilities. In addition, lidar enables smart analytics to ensure tollways are operating efficiently and error-free. Lidar-enabled gantry-based systems have also become a preferred solution by tolling authorities in recent years because they can be installed and maintained without disrupting lane usage.

Dr. Jun Pei added: “Lidar has tremendous potential to transform the tolling industry, and I am very proud that Cepton has become a pioneer in commercializing lidar with real-world, large-scale deployments. Our multi-million-dollar contract with the Customer is a testament to the high quality and scalability of our lidar solutions, as well as to our commitment to improving everyone’s mobility experience across automotive and smart infrastructure applications. I look forward to seeing our lidar solutions serving millions of drivers this year. I am also confident this win, and subsequent deployments, will advance the use of lidar across multiple smart infrastructure sectors.”

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.

Cepton has been awarded a significant ADAS lidar series production award with Koito on the General Motors business. Cepton is also engaged with all Top 10 global OEMs.

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, Canada, Japan, India and China to serve a fast-growing global customer base. For more information, visit www.cepton.com and follow Cepton on Twitter and LinkedIn.

Contacts

More News

View More
3 Healthcare Stocks Using AI to Drive Growth
Via MarketBeat
Topics Artificial Intelligence
Tickers BSX HIMS TEM
Get Exposure to Millennials' Purchasing Power With This ETF
Via MarketBeat
Topics ETFs
Tickers AAPL DASH DIS GOOGL META MILN
Why a $4.5 Billion Smart Debt Move Is Fueling Dell’s AI Ambitions
Via MarketBeat
Topics Artificial Intelligence
Tickers DELL
Beam Global Gets Buy Rating With 101% Upside Potential
Via MarketBeat
Topics Intellectual Property
Tickers BEEM
These 3 Crypto Stocks Could Get a Bump as Dollar Trust Weakens
Via MarketBeat
Topics ETFs Economy World Trade
Tickers BITF COIN HOOD
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.