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Quanergy Systems develops LiDAR sensors and perception software for transportation, security, industrial and other markets.
Founded in 2012 by CEO Louay Eldada and Tianyue YU and based in Sunnyvale, California, Quanergy Systems develops LiDAR technology for automation in transportation, security, agriculture, mining and archaeology. In 2021 it merged with CITIC Capital Acquisition Corp, with PIPE funding of USD 40 million, and it recorded revenue of USD 20.42 million for 2021. Its product line includes 3D mechanical and solid-state LiDAR sensors and its QORTEX perception software.
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