Cepton Announces Significant Engineering Contract with Koito
Under the terms of the Agreement, Koito will provide Cepton with a total of $10 million in engineering services fee for the quarter ended June 30, 2024, to support a major global OEM program that Cepton and Koito have recently secured.
Business Wire
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Cepton Announces Completion of Acquisition by Koito, Ushering in New Era of Long-Term Lidar Deployment
Cepton, Inc. (“Cepton” or the “Company”), a Silicon Valley innovator and leader in high-performance lidar solutions, today announced the completion of its acquisition by KOITO MANUFACTURING CO., LTD. (“Koito”) (TSE: 7276), a leading tier one supplier of automotive lighting systems.
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Cepton Signs Definitive Agreement to be Acquired by Koito
Cepton stockholders will receive $3.17 per share in cash, which represents a premium of approximately 25.3% to the closing price as of Friday, July 26, 2024.
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Cepton, Inc. Announces Closing of $100 Million Investment from Koito Manufacturing
Additional details regarding the close of the Investment will be included in a Form 8-K to be filed by Cepton with the Securities and Exchange Commission.
2:40
Cepton, Inc. Announces Agreement for $100 Million Investment from Koito Manufacturing
Dating back to 2017, Cepton and Koito have a strong history of collaboration, and this marks Koito’s third investment in Cepton since 2020.
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Fibre Based Integrations and Cepton Undertake Smart City Projects to Address Traffic Challenges in Cape Town
Lidar-enabled vehicle detection systems provide data-rich traffic analytics through a network of smart intersections
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Cepton, Inc. to Ring the Nasdaq Opening Bell Today
Cepton started its public listing on Nasdaq Capital Market on February 11, 2022.
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Bowler Pons deploys Cepton’s smart lidar solution to augment 3D security system for critical infrastructure
Bowler Pons is a specialist in technology-focused enhanced electronic security systems for high-security applications, such as entry control points, perimeters, airspace, and other protected areas.
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Cepton’s Nova Lidar Named as CES 2022 Innovation Awards Honoree
The CES Innovation Awards program, owned and produced by the Consumer Technology Association (CTA)®, is an annual competition honoring outstanding design and engineering in 27 consumer technology product categories.
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Cepton Joins Qualcomm Smart Cities Accelerator Program, Bringing Expertise in Smart Lidar Technologies for Higher Levels of Safety, Intelligence and Connectivity
Cepton Technologies, Inc., an innovative provider of smart lidar solutions, announced today its membership in the Qualcomm® Smart Cities Accelerator Program.
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Vortex and Cepton Partner to Enable V2I Solutions With Smart Lidar and AI
Innovative project in West Midlands, UK turns buses into mobile road inspection tools to help build safer, greener and smarter cities
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Belam and Cepton Establish Partnership to Enable Safety at High-traffic Railway Level Crossings
Railway level crossings represent one of the most complex traffic scenarios given the variety of road users such as pedestrians, cyclists, cars and trucks, and the potential risk of collisions with trains.