Cepton, Inc. (NASDAQ: CPTN) to Help Accelerate Advancement of Vehicle Autonomy; Collaborates with NVIDIA DRIVE Sim(TM) to Add Its Lidar Models into Simulation Platform for Autonomous Driving

• Cepton announced a collaboration with NVIDIA, a cutting-edge platform for large-scale, accurate multi-sensor simulation for autonomous driving; developed sensor ecosystem is essential for AV development and validation in simulation
• NVIDIA DRIVE Sim(TM) allows users to test Cepton lidars and accelerate and scale deployment; Company expects to accelerate development of lidars for assisted and autonomous driving for global customers through this collaboration 
• At the recent IAA Transportation 2022 conference, Cepton exhibited its Nova lidar integrated into a heavy-duty truck headlamp by ZKW Group GmbH

“Lidar is essential to autonomous mobility, but deploying lidar at scale entails extensive testing and validation, sometimes in scenarios difficult to access in real life,” said Dr. Jun Pei, co-founder and CEO of Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions. That’s why the Company teamed up with NVIDIA to add Cepton lidars into NVIDIA DRIVE Sim(TM) — an end-to-end simulation platform for large-scale, accurate multi-sensor simulation that supports autonomous driving development and validation from concept to deployment (https://ibn.fm/6Ys4y). “Simulation plays a significant role in bridging the gap between concept and deployment, and that’s why we are thrilled to offer access to simulated models of our lidars on the NVIDIA DRIVE Sim platform,” Pei concluded.

NVIDIA DRIVE Sim allows developers to recreate obstacles with their precise physical characteristics and place them in complex driving environments to construct realistic scenarios and identify and activate adequate lidar performance modes based on external signals such as speed and…

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NOTE TO INVESTORS: The latest news and updates relating to CPTN are available in the company’s newsroom at https://ibn.fm/CPTN

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