Cepton Inc's Chief Commercial Officer Reveals Cost-Efficient Innovations and Strategic Partnerships
Vancouver, Canada
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December 18, 2023 12:08 PM Eastern Standard Time
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 Inc’s 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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