Benzinga | Jan 19, 2022 08:35AM EST

Growth Capital Acquisition, Cepton Technologies Partner In Upcoming Lidar SPAC Merger

Growth Capital Acquisition Corp. (NASDAQ:GCAC) today announces its placement in an editorial published by NetworkNewsWire ("NNW"), one of 50+ trusted brands within the InvestorBrandNetwork ("IBN"), a multifaceted financial news and publishing company for private and public entities.

To view the full publication, "LiDAR Supercharges Vehicle Vision and the Transportation Transformation," please visit: https://nnw.fm/TuFT8

It won't be long before autonomous driving will be a standard feature on cars. The next generation of automobiles will redefine the driving experience, and investors can participate in the transportation transformation in a variety of ways, including the upcoming public listing of a leading LiDAR company, Cepton Technologies, which aims to go public early this year in a SPAC merger with Growth Capital Acquisition Corp.

Cepton was chosen by General Motors Company (GM) as its sole-source provider of lidars for the period 2023--2027, with installation of Cepton-based lidar sensors in as many as nine different models. Cepton is also in various levels of engagement with all top-10 automotive OEMs