Cepton gets lidar contract from U.S. tolling system operator

Cepton announced that it has won a multi-million dollar sales contract from one of the largest highway tolling system operators in the U.S. Lidar can significantly increase the accuracy of gantry-based electronic tolling systems, which have been widely deployed in the U.S. to enable free-flow toll collection.Under the terms of the large-scale contract, Cepton’s Sora series lidar sensors will be deployed in the U.S. by the Customer on several major tollways located in the Tri-State area and Northern California. This partnership is expected to be the largest commercial lidar deployment in the tolling sector to date, with potential to scale outside of the U.S. for future projects.