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Cepton Partners with Fabrinet to Deliver Flagship Automotive Lidar Program
Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
partnership
Rhea-AI Summary
Cepton, a leader in lidar solutions, has partnered with Fabrinet for the production of its Vista-X90 lidar, which is set to support the industry’s largest ADAS lidar series production program. This collaboration leverages Fabrinet's expertise in advanced optical manufacturing, crucial for scaling up production. Cepton aims to make lidar an essential part of consumer vehicles while enhancing its manufacturing capabilities at Fabrinet’s certified facility in Thailand. The Vista-X90 incorporates patented MMT technology for efficient long-range imaging.
Positive
Partnership with Fabrinet enhances production capabilities, targeting the industry’s largest ADAS lidar program.
Vista-X90 lidar features patented Micro Motion Technology (MMT) for efficient long-range 3D imaging.
Initial production launched at a certified facility in Thailand, ensuring adherence to automotive quality standards.
Potential for scalable growth with high-quality, cost-effective lidar solutions.
Negative
None.
Partnership supports the largest ADAS lidar series production award in the industry
SAN JOSE, Calif.--(BUSINESS WIRE)--
Cepton, Inc. (“Cepton” or the “Company”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high-performance MMT® lidar solutions, today announced that it has selected Fabrinet (NYSE: FN), a leading provider of advanced precision optical and electronic manufacturing services, for the production of its Vista®-X90 lidar, which will be deployed in the industry’s largest ADAS lidar series production program.
Cepton selected Fabrinet for its deep expertise in advanced optical packaging and precision optical, electro-mechanical and electronic manufacturing services for the production of high-performance, proprietary assemblies of its Vista-X90 lidars. Trusted by the world’s most demanding OEMs, Fabrinet is known for its delivery of high-quality complex optical, mechanical and electrical assemblies for optical communications and automotive applications. A strategic move, the partnership furthers Cepton’s goal of making lidar an essential and standard auto part in everyday consumer vehicles.
Cepton launched initial production of Vista-X90 assemblies at Fabrinet’s facility in Chonburi, Thailand, which is automotive qualified with IATF 16949 certification, in September 2021.
The Vista-X90 lidar features Cepton’s patented MMT (Micro Motion Technology), a highly efficient lidar imaging mechanism that enables long-range and high-resolution 3D imaging through a unique, dense scan pattern. Free of rotation, mirror and friction, MMT was specifically designed to address the need of the automotive industry for scalable lidar solutions that achieve the right balance between performance, reliability and cost.
In addition to MMT, Vista-X90 also packages Cepton’s proprietary lidar engine ASICs, designed for optimal illumination control, detection and signal processing. Utilizing Fabrinet’s expertise in high-volume optical and opto-electrical manufacturing, Cepton will be able to deliver high-quality and cost-effective assemblies to ramp up production and achieve scalable growth.
“At Cepton, our goal is to be the world’s go-to supplier of automotive lidar solutions, and working with an OEM-trusted and validated manufacturing partner is a crucial part of that effort,” said Dr. Jun Pei, Co-founder and CEO of Cepton. “Fabrinet has earned a strong reputation within the automotive industry with its excellent service and precision-manufacturing expertise. We are excited to work with Fabrinet to accelerate the production of our Vista-X90 lidar, as the partnership is a crucial step towards getting our lidars into an unprecedented volume of automobiles through our flagship ADAS lidar program.”
“We are excited that Cepton has chosen Fabrinet to manufacture their flagship lidar program,” said Seamus Grady, CEO at Fabrinet. “With our advanced manufacturing capabilities and significant expertise, Fabrinet is well-positioned to support Cepton in ramping production of their ADAS lidar program. We look forward to our continued partnership with Cepton in pursuit of their long-term ambitions.”
About Cepton, Inc.
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 Micro Motion Technology (MMT®), 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 the largest known ADAS lidar series production award in the industry to date, based on the number of vehicle models awarded, to support General Motors’ Ultra Cruise program. Cepton is also engaged with all other 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.
About Fabrinet
Fabrinet is a leading provider of advanced optical packaging and precision optical, electro-mechanical, and electronic manufacturing services to original equipment manufacturers of complex products, such as optical communication components, modules and subsystems, automotive components, medical devices, industrial lasers and sensors. Fabrinet offers a broad range of advanced optical and electro-mechanical capabilities across the entire manufacturing process, including process design and engineering, supply chain management, manufacturing, advanced packaging, integration, final assembly and testing. Fabrinet focuses on production of high complexity products in any mix and any volume. Fabrinet maintains engineering and manufacturing resources and facilities in Thailand, the United States of America, the People’s Republic of China, Israel and the United Kingdom. For more information visit: www.fabrinet.com.
What is the significance of Cepton's partnership with Fabrinet?
Cepton's partnership with Fabrinet is significant as it supports the production of the largest ADAS lidar series production award in the industry, enhancing Cepton's manufacturing capabilities.
What technology does the Vista-X90 lidar use?
The Vista-X90 lidar uses Cepton's patented Micro Motion Technology (MMT) that enables efficient long-range and high-resolution 3D imaging.
Where is the initial production of the Vista-X90 lidar taking place?
The initial production of the Vista-X90 lidar is taking place at Fabrinet’s facility in Chonburi, Thailand, which is automotive qualified.
What are the goals of Cepton in the automotive lidar market?
Cepton aims to be the leading supplier of automotive lidar solutions, making lidar a standard component in everyday consumer vehicles.
What does the partnership with Fabrinet mean for Cepton's growth?
The partnership with Fabrinet is expected to accelerate Cepton's production capacity and help achieve scalable growth in the lidar market.
