Cepton, Inc. (NASDAQ: CPTN) Announces Collaboration with Exwayz, as Lidar is Quickly Becoming an Essential Sensor Technology Within the Robotics Sector

• Autonomous robotics are increasingly being used to automate manual logistics processes
• In addition to its own software solutions, Cepton collaborates with software provider Exwayz to present a robotic solution for global customers
• The company recently announced that it will unveil its upcoming next-generation automotive lidar solution, the Vista-X120 Plus, at the forthcoming CES 2023 event in Las Vegas
• As part of that product launch, Cepton has been recently recognized as a 2023 Innovation Award honoree by CES within the vehicle tech and advanced mobility category

In early June, Amazon unveiled its new fleet of autonomous robots, designed to revolutionize the way that half a million warehouse workers interact on a daily basis. Nicknamed ‘Proteus’, these robots would help automate the movement of large and heavy rolling carts of packages, creating a more efficient and safe process. These actions are traditionally undertaken by workers obliged to manually handle goods through areas where existing robots can’t go. Whilst the technology is part of a long-awaited wave of automation designed to improve productivity and boost safety standards within the logistics industry, it may not have been possible without the employment of the humble lidar sensor (https://ibn.fm/8hpG0).

Although the first presentation of lidar sensors began in the 1960s, it would take until the Apollo 15 mission in 1971 for lidar to become “mainstream” with the technology being used to help map planetary surfaces. Half a century later, Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in…

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