Quanergy

Quanergy Introduces Industry’s First 3D LiDAR Security as a Service Solution

Retrieved on: 
Wednesday, August 16, 2023
Maintenance, Software as a service, Classification, Overalls, 3D, Security as a service, Lidar, Security, Organization, CAPEX, SAN, Quanergy, OPEX, PIDS, City, Video game

SAN JOSE, Calif., Aug. 16, 2023 (GLOBE NEWSWIRE) -- Quanergy Solutions, Inc., invites organizations to see beyond the constraints of traditional security sales models with the introduction of the industry’s first Security as a Service (SaaS) model for its revolutionary Q-Track™ 3D LiDAR (Light Detection and Ranging) solution. This yearly subscription option offers enhanced financial flexibility, allowing enterprise users to budget their powerful Q-Track solutions as an operating expense (OPEX) versus a capital expense (CAPEX).

Key Points: 
  • SAN JOSE, Calif., Aug. 16, 2023 (GLOBE NEWSWIRE) -- Quanergy Solutions, Inc., invites organizations to see beyond the constraints of traditional security sales models with the introduction of the industry’s first Security as a Service (SaaS) model for its revolutionary Q-Track™ 3D LiDAR (Light Detection and Ranging) solution.
  • “Our vision at Quanergy is to provide real-time, proactive awareness for dynamic environments that demand higher levels of event detection, classification and tracking,” said Enzo Signore, CEO, Quanergy Solutions.
  • Quanergy is offering both the new Security as a Service and traditional CAPEX ownership models, ensuring that customers can choose the option that best aligns with their needs.
  • Quanergy Q-Track 3D LiDAR solutions have already gained recognition as the preferred security solution at over 100 global locations, safeguarding critical infrastructure, smart cities, and smart spaces.

Quanergy Successfully Completes Chapter 11 Sale

Retrieved on: 
Thursday, February 23, 2023
VMS, Bankruptcy, United States bankruptcy court, Physical security, Airport, Lidar, Engineering, Automation, Robotics, Sale, PSIM, Fortune 500, LIDAR, Prison, Quanergy

SUNNYVALE, Calif., Feb. 23, 2023 /PRNewswire/ -- A group of investors that includes former Quanergy Systems, Inc. board member Tamer Hassanein has emerged as the winning bidder for Quanergy's assets in an auction administered by the United States Bankruptcy Court for the District of Delaware. Following a competitive process that started with five bidders, the investors' company was confirmed by the Bankruptcy Court as the winning bidder, thus successfully completing Quanergy's Chapter 11 sale.

Key Points: 
  • Quanergy renews focus on physical security, smart spaces and industrial automation markets
    SUNNYVALE, Calif., Feb. 23, 2023 /PRNewswire/ -- A group of investors that includes former Quanergy Systems, Inc .
  • Following a competitive process that started with five bidders, the investors' company was confirmed by the Bankruptcy Court as the winning bidder, thus successfully completing Quanergy's Chapter 11 sale.
  • This is a very exciting new chapter for Quanergy, and we are committed to continuing offering the industry's best price/performance LiDAR solutions in the security, smart spaces and industrial automation market."
  • Quanergy solutions have been deployed at over 100 critical infrastructure sites such as major datacenters, airports, utilities, prisons and transportation authorities.

Quanergy to Facilitate Sale of Business Through Voluntary Chapter 11 Process, Announces Leadership Changes

Retrieved on: 
Tuesday, December 13, 2022
Technology, Satellite, Transport, Other Technology, Other Transport, Hardware, LLP, Electricity, OTC, System, United States bankruptcy court, Intellectual property, Patent, Sale, FTI Consulting, Velodyne, City, Chapter 11, Title 11, United States Code, Lidar, Cooley LLP, Government, Insolvency and Bankruptcy Code, 2016, COVID-19, Behavior, Bankruptcy Code, Growth, Safety, Marketing, Sustainability Accounting Standards Board, IOT, Security (finance), Management, Risk management, Bankruptcy, Quanergy

It has been my honor to serve as CEO at Quanergy for the past 2.5 years, said Kevin Kennedy, Chief Executive Officer of Quanergy.

Key Points: 
  • It has been my honor to serve as CEO at Quanergy for the past 2.5 years, said Kevin Kennedy, Chief Executive Officer of Quanergy.
  • The Company expects to continue operations during the Chapter 11 process and seeks to complete an expedited sale process with Bankruptcy Court approval.
  • We are confident that Quanergys efforts have positioned the Company for a value-maximizing transaction during the Chapter 11 sale process.
  • Such motions are typical in the Chapter 11 process and Quanergy anticipates that they will be heard in the first few days of its Chapter 11 case.

People Counting System Market to be Worth $2.65 Billion by 2030: Grand View Research, Inc.

Retrieved on: 
Wednesday, November 16, 2022
People, SAN, Growth, Revenue, Technology, Schneider Electric, IOT, Solution, Partnership, CAGR, BFSI, Efficiency, Behavior, Hardware, Quanergy, El Garces Intermodal Transportation Facility, Supermarket, End Use Energy Demand Centres, USD, Corporation, Asia-Pacific, Airport, Transport, Video game, Casino, Software

Ongoing technical developments in the retail sector will further drive the market.

Key Points: 
  • Ongoing technical developments in the retail sector will further drive the market.
  • Read 120-page full market research report, " People Counting System Market Size, Share & Trends Analysis Report By End-use (BFSI, Corporate), By Offering (Hardware, Software), By Mounting Platform (Ceiling, Wall), By Type, By Technology, And Segment Forecasts, 2022 - 2030 ", published by Grand View Research.
  • Thus, the benefits offered by people counting systems are propelling the growth of this market.
  • Grand View Research has segmented the global people counting system market based on type, offering, hardware, technology, mounting platform, end-use, and region
    People Counting System Market - Type Outlook (Revenue, USD Million,2017 - 2030)
    People Counting System Market - Offering Outlook (Revenue, USD Million,2017 - 2030)

People Counting System Market to be Worth $2.65 Billion by 2030: Grand View Research, Inc.

Retrieved on: 
Wednesday, November 16, 2022
People, SAN, Growth, Revenue, Technology, Schneider Electric, IOT, Solution, Partnership, CAGR, BFSI, Efficiency, Behavior, Hardware, Quanergy, El Garces Intermodal Transportation Facility, Supermarket, End Use Energy Demand Centres, USD, Corporation, Asia-Pacific, Airport, Transport, Video game, Casino, Software

Ongoing technical developments in the retail sector will further drive the market.

Key Points: 
  • Ongoing technical developments in the retail sector will further drive the market.
  • Read 120-page full market research report, " People Counting System Market Size, Share & Trends Analysis Report By End-use (BFSI, Corporate), By Offering (Hardware, Software), By Mounting Platform (Ceiling, Wall), By Type, By Technology, And Segment Forecasts, 2022 - 2030 ", published by Grand View Research.
  • Thus, the benefits offered by people counting systems are propelling the growth of this market.
  • Grand View Research has segmented the global people counting system market based on type, offering, hardware, technology, mounting platform, end-use, and region
    People Counting System Market - Type Outlook (Revenue, USD Million,2017 - 2030)
    People Counting System Market - Offering Outlook (Revenue, USD Million,2017 - 2030)

RoboSense Launched E1, A High-Performance Flash Solid-State LiDAR and Debuted A Smart Manufacturing System with An Annual Output of A Million Units

Retrieved on: 
Tuesday, November 8, 2022
Hardware, Robotics, Autonomous Driving, Vehicles, Technology, Automotive, Velodyne Lidar, Lidar, CNAS, Industry, Horizontal, Quanergy, Electronics, 3D, IC, Efficiency, Perception, AI, Multimedia, Ultra, Technology, Video game console, Surveying

RoboSense , a world-leading provider of Smart LiDAR Sensor Systems, held a new product launch and Tech Day event .

Key Points: 
  • RoboSense , a world-leading provider of Smart LiDAR Sensor Systems, held a new product launch and Tech Day event .
  • During the conference, RoboSense officially launched RS-LiDAR-E1 (E1) , a flash solid-state LiDAR that sees 360 based on its in-house, custom developed chips and flash technology platform.
  • View the full release here: https://www.businesswire.com/news/home/20221108005666/en/
    RoboSense Tech Day Launched E1, A High-Performance Flash Solid-State LiDAR and Debuted A Smart Manufacturing System with An Annual Output of A Million Units (Graphic: Business Wire)
    RoboSense launched E1, the first automotive-grade flash solid-state LiDAR.
  • With a complete portfolio of LiDAR sensors, AI perception and IC chipsets, RoboSense transforms conventional 3D LiDAR sensors with comprehensive data analysis and interpretation systems.

Quanergy to Report Third Quarter 2022 Financial Results on November 14, 2022

Retrieved on: 
Tuesday, November 8, 2022
IOT (Internet of Things), Audio, Video, Other Technology, Technology, Software, NYSE, System, IOT, Solution, Lidar, Webcast, Telephone, Multimedia, City, Safety, Company, Quanergy, Online shopping

Quanergy Systems, Inc ., (NYSE:QNGY) (Quanergy or the Company), a leading provider of LiDAR sensors and smart 3D solutions, today announced that the Company will release its third quarter financial results for the period ended September 30, 2022, on Monday, November 14, 2022 after the financial markets close.

Key Points: 
  • Quanergy Systems, Inc ., (NYSE:QNGY) (Quanergy or the Company), a leading provider of LiDAR sensors and smart 3D solutions, today announced that the Company will release its third quarter financial results for the period ended September 30, 2022, on Monday, November 14, 2022 after the financial markets close.
  • View the full release here: https://www.businesswire.com/news/home/20221108005241/en/
    Management will also host a conference call that same day to discuss its results and business outlook at 4:30 p.m. Eastern time.
  • The call will be accessible by telephone by calling 412-317-6060 and entering access code 10173300.
  • An archive of the webcast will also be available on the Quanergy investor relations site.

Quanergy Announces Closing of $16.7 Million Upsized Underwritten Public Offering

Retrieved on: 
Wednesday, November 2, 2022
Software, Hardware, Automotive, Engineering, Other Automotive, Technology, IOT (Internet of Things), Manufacturing, IOT, Marketing, Common, Park Avenue, Quanergy, SEC, Common stock, System, NYSE, U.S. Securities and Exchange Commission, Prospectus, COVID-19, City, Risk, Industry, Intellectual property, SEC filing, Safety, Sale, Form, Compliance, Private Securities Litigation Reform Act, Lidar, New, Robotics, Environment, Forward-looking statement, Solution, Form S-1, Security (finance)

Quanergy Systems, Inc., (NYSE:QNGY) (Quanergy or the Company) a leading provider of LiDAR sensors and smart 3D solutions, today announced the closing of its previously announced underwritten public offering for gross proceeds of approximately $16.7 million prior to deducting underwriting discounts and commissions and offering expenses.

Key Points: 
  • Quanergy Systems, Inc., (NYSE:QNGY) (Quanergy or the Company) a leading provider of LiDAR sensors and smart 3D solutions, today announced the closing of its previously announced underwritten public offering for gross proceeds of approximately $16.7 million prior to deducting underwriting discounts and commissions and offering expenses.
  • Maxim Group LLC acted as sole book-running manager in connection with this offering.
  • A final prospectus relating to the offering was filed with the SEC and is available on the SECs website at http://www.sec.gov .
  • However, while Quanergy may elect to update these forward-looking statements at some point in the future, Quanergy specifically disclaims any obligation to do so, except as required by law.

Quanergy Announces Industry-first 3D LiDAR Movement-Based False Alarm Reduction Solution

Retrieved on: 
Tuesday, November 1, 2022
Security, Technology, Photography, Software, Networks, Hardware, IOT, Marketing, 3D, Quanergy, Common stock, System, NYSE, Classification, U.S. Securities and Exchange Commission, Risk, COVID-19, City, Industry, Intellectual property, Privacy, Safety, Sale, Investment, Compliance, Private Securities Litigation Reform Act, Perception, Lidar, Multimedia, New, Robotics, Paper, Environment, Forward-looking statement, Solution, Movement, Risk management

The marquee features in these new releases include significantly improved accuracy and drastic reduction in false alarm, thanks to the industry's first motion-based noise reduction mechanism and first occlusion filter/object stitching mechanism.

Key Points: 
  • The marquee features in these new releases include significantly improved accuracy and drastic reduction in false alarm, thanks to the industry's first motion-based noise reduction mechanism and first occlusion filter/object stitching mechanism.
  • View the full release here: https://www.businesswire.com/news/home/20221101005668/en/
    Quanergy Announces Industry-first 3D LiDAR Movement-Based False Alarm Reduction Solution (Graphic: Business Wire)
    The updates also offer improved security and flexibility, further solidifying Quanergys Flow Management solution as the best-in-class end-to-end LiDAR-based solution for security, smart space and smart city applications.
  • QORTEX is Quanergys LiDAR-based software solution that provides 3D perception and volumetric sensing to enable detection, tracking and classification of 3D vehicles and human-sized objects in real-time.
  • However, while Quanergy may elect to update these forward-looking statements at some point in the future, Quanergy specifically disclaims any obligation to do so, except as required by law.

Quanergy Announces Pricing of $16.7 Million Upsized Underwritten Public Offering

Retrieved on: 
Sunday, October 30, 2022
IOT (Internet of Things), Security, Other Technology, Technology, Software, Common, New, Marketing, IOT, Managed file transfer, Compliance, U.S. Securities and Exchange Commission, Quanergy, Sale, Solution, Robotics, Common stock, Lidar, Intellectual property, Form, Forward-looking statement, COVID-19, Risk, Prospectus, System, City, Industry, Form S-1, Private Securities Litigation Reform Act, Environment, SEC, Park Avenue, NYSE, Safety, Security (finance)

Quanergy Systems, Inc., (NYSE:QNGY) (Quanergy or the Company) a leading provider of LiDAR sensors and smart 3D solutions, today announced the pricing of an underwritten public offering for gross proceeds of approximately $16.7 million prior to deducting underwriting discounts and commissions and offering expenses.

Key Points: 
  • Quanergy Systems, Inc., (NYSE:QNGY) (Quanergy or the Company) a leading provider of LiDAR sensors and smart 3D solutions, today announced the pricing of an underwritten public offering for gross proceeds of approximately $16.7 million prior to deducting underwriting discounts and commissions and offering expenses.
  • The closing of the offering is expected to take place on or about November 2, 2022, subject to the satisfaction or waiver of customary closing conditions.
  • Maxim Group LLC is acting as sole book-running manager in connection with this offering.
  • However, while Quanergy may elect to update these forward-looking statements at some point in the future, Quanergy specifically disclaims any obligation to do so, except as required by law.