Cepton Inc (CPTN)

[StockLogistics]

Big Tech and CEPT partnerships likely soon:

“LiDAR technology helps devices scan their surroundings. Apple. LiDAR, also known as Light Detection and Ranging, uses lasers to measure the distance, shape, and orientation of 3D objects. LiDAR is becoming increasingly common, appearing in devices like the iPhone 12 Pro, robot vacuums, and self-driving car prototypes.”

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“9:00a ET 1/3/2023 - BusinessWire
Cepton Unveils World's Slimmest, Software Definable Top-end Lidar, the Vista(R)-X120 Plus”

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“9:00a ET 11/17/2022 - BusinessWire
Cepton and Exwayz Collaborate on State-of-the-Art Lidar-based Mobile Robotics Solutions”

I would expect big tech to be calling about these innovations, Apple, Google Maps and Tesla. Could be a big year and that explains the bid holding steady and the 100 million investment, people see the potential.

Decode:
Exwayz
X W A->Z
2/4/23 Alphabet