SAN JOSE, Calif. & ANN ARBOR, Mich.--- Cepton Technologies, Inc., a provider of 3D LiDAR solutions for automotive, industrial and mapping applications, today announced a partnership with May Mobility, the first developer of autonomous driving technology to replace an existing transportation solution with self-driving fleet vehicles on public roads.
May Mobility will integrate Cepton LiDAR products in their self-driving vehicle fleets. A successful pilot was completed in 2017, with the May Mobility fleet transporting riders on public roads in downtown Detroit.
May Mobility has created a comprehensive autonomous vehicle technology stack that is accelerating the availability of fleet vehicles to corporate and public partners. Leveraging this technology stack, May Mobility brings communities closer together with fleets of self-driving vehicles that make short distance travel safe, personal and effortless. From business districts to educational campuses to residential areas, May provides a fully-managed, right-sized microtransit service that helps people engage more fully in the places where they live and work.
May chose to work with Cepton and support Cepton LiDAR solutions because of the combination of advanced technology, the rapid pace of innovation and the culture of customer success that has been evident in all the interactions between the two companies.
“We left big auto so we could have more control of when our technology would hit the road, and a partner like Cepton, who has clearly communicated expectations and demonstrated outstanding follow-through, is essential in helping us get cars on the road first,” said Edwin Olson, May Mobility CEO and Co-Founder. “Cepton is driving the high performance LiDAR evolution to break the $1,000 price point; we are very excited about our collaboration and what it will mean for the future of the industry.”
Rapid and Continuous Innovation
Since founding the company in 2016, Cepton has already launched and shipped three LiDAR solutions that are disrupting the market. Cepton LiDAR solutions deliver cost effective, high performance, high resolution products at scale today. The company designs solutions around proven automotive-grade, high-performance components, rather than trying to base core technology on immature, expensive parts, or manufacture components that are not ready for commercial deployment.
“Cepton and May Mobility are biased toward action and share a common vision that autonomous vehicles can be developed and deployed with today’s advanced technology,” said Jun Pei, Co-Founder and CEO of Cepton. “The May Mobility platform takes advantage of the latest high performance LiDAR sensors to power advanced fleet vehicle solutions today. Cepton and May each recognize that with the right teams, AV technology can be deployed and have an impact immediately, rather than wait for research and development concepts and expensive hard-to-produce components. This seamless vision and culture fit led our companies to enthusiastically pursue this partnership.”
Business and technology leaders have already been anticipating collaborations between Silicon Valley and Detroit-based companies that are seeking competitive advantage in the rapidly emerging autonomous driving market.
“We were excited to find a like-minded partner to accelerate the time-to-market for autonomous vehicles,” added Jun. “This market is growing rapidly and there are many opportunities to successfully partner with emerging players in the field.”
See Cepton at CES
Cepton will be showing its LiDAR solutions during CES at booth #3000 in the North Hall of the LVCC.
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