Quanergy

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Quanergy
TypePrivate
Founded2012
Headquarters
Sunnyvale, CA
Key people
Kevin Kennedy, CEO[1]
Tianyue Yu, Co-Founder and VP of Products
ProductsLiDAR sensor hardware & software, security systems
Number of employees
100
Websitewww.quanergy.com

Quanergy Systems is a privately-held Silicon Valley-based technology company providing LiDAR (Light Detection and Ranging) sensors and smart perception solutions.[buzzword][2]

History[]

Quanergy was co-founded in 2012 by Louay Eldada,[3] Angus Pacala[4] (also co-founder of lidar company Ouster), and Tianyue Yu. Headquartered in Sunnyvale, CA; it is a provider of LiDAR sensors and perception software for real-time capture and processing of 3D spatial data and object detection, tracking, identification and classification.[5]

Quanergy’s AI_based LiDAR-based sensing solutions[buzzword] address needs in five primary application areas: 3D mapping, security, smart cities & , social distancing, industrial automation, and transportation to increase productivity, efficiency, and safety and reduce cost.[6][third-party source needed]

In April 2020, Kevin Kennedy was appointed CEO in addition to his existing role as Chairman of the Board.[7] Following his appointment, the company raised additional funding, bringing the total funds raised to approximately $195 million.[8][third-party source needed]

In June 2021, Quanergy agreed to go public via reverse SPAC merger with CITIC Capital Acquisition Corp.[9][third-party source needed]

Technology[]

  • Quanergy’s Flow Management™ platform- combines 3D LiDAR sensors with its AI-powered QORTEX™ software to anonymously and accurately track and analyze the flow of people and objects in real time within retail locations, airports, public venues, commercial and government buildings, and industrial warehouses. Consists of two different products, M series with QORTEX DTC™ (Detect, Track, Classify), S3-2 with QORTEX™ People Counter.
  • QORTEX DTC™ (Detect, Track, Classify)- is paired with the M-series mechanical LiDAR sensor to enable accurate, real-time tracking of people and vehicles for security, social distancing, smart city, and smart space applications.
  • QORTEX™ People Counter - is paired with the S3-2 solid state LiDAR sensor to deliver high accuracy people counting and queue management capabilities for smart spaces and social distancing applications.
  • M-Series LiDAR sensors - mechanical 360 degree LiDAR sensors used for mapping, security, smart city and smart space applications.
  • M1 - a next generation 2D industrial LiDAR sensor for mid- to long-range, high precision measurement applications[10]
  • MQ-8 - delivers up to 140m continuous tracking range, enabling up to 15,000m2 coverage with a single sensor ideal for sophisticated flow management applications like security, smart city, social distancing, and smart spaces requiring the accurate tracking of large numbers of people and vehicles in complex environments.[11]
  • S-Series solid state LiDAR sensors - based on optical phased array (OPA) technology offering vibration immunity and more than 100,000 hours of the mean time between failures (MTBF)[12]

References[]

  1. ^ "Quanergy's Leadership Transition Drives Next Phase of Company Growth". quanergy.com. Retrieved 2020-01-16.
  2. ^ "Quanergy and Civil Maps Announce Integrated Solution to Power Advanced Real-Time Localization and Mapping for Self-Driving Vehicles". Retrieved 2017-10-17.
  3. ^ "Business profile". linkedin.com. Retrieved 2020-02-20.
  4. ^ "Business profile". linkedin.com. Retrieved 20 February 2020.
  5. ^ "MOST INNOVATIVE COMPANIES — Quanergy". fastcompany.com. Retrieved 2017-10-17.
  6. ^ "Quanergy Systems to Feature LiDAR Sensor Technology at IAA in Frankfurt". www.businesswire.com. Retrieved 2017-10-17.
  7. ^ "Quanergy Secures Capital to Accelerate Product Portfolio Expansion; Appoints Kevin Kennedy as Quanergy CEO". Quanergy. Retrieved 2020-09-01.
  8. ^ "Quanergy Raises $90 Million in Series B Funding". www.businesswire.com. Retrieved 2017-10-17.
  9. ^ "Quanergy to Publicly List Through a Business Combination With CITIC Capital Acquisition Corp. to Democratize Smart LiDAR Solutions for the Automotive and IoT Markets". www.businesswire.com. Retrieved 2021-06-28.
  10. ^ "Quanergy Unveils the M1 Sensor with Highest Accuracy for Mid-Long Range Industrial Measurement Applications". Quanergy. Retrieved 2020-09-01.
  11. ^ "Quanergy Unveils Next Generation 3D LiDAR Solution for Security, Smart Space and Smart City Markets". Quanergy. Retrieved 2020-09-01.
  12. ^ Emilio, Maurizio Di Paolo (2020-08-31). "EETimes - 3D Lidar Social Distancing Solutions -". EETimes. Retrieved 2020-09-01.
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