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Quanergy’s Solid State LiDAR Receives Coveted CES 2017 Best of Innovation Award

Quanergy Systems, Inc. , the leading provider of LiDAR sensors and smart sensing solutions, today announced that it has received the CES 2017 ‘Best of Innovation’ Award in the vehicle intelligence category for its S3 solid state LiDAR sensor. The S3 is the first and only compact, low-cost, automotive-grade solid state LiDAR sensor, with high reliability and superior capability. The sensor can be concealed into the body of any vehicle, ensuring uncompromised design aesthetics and aerodynamics. Its ability to perform real-time 3D mapping and object detection, tracking and classification, enables autonomous driving.

Products entered in this prestigious program are judged by a preeminent panel of independent industrial designers, independent engineers and members of the trade media, to honor outstanding design and engineering in cutting edge consumer electronics across 28 product categories. The Innovation Awards program recognizes two levels of honorees, and the ‘Best of Innovation’ Award is given to the highest rated product in each category.

“We are delighted to be recognized with the CES ‘Best of Innovation’ Award, the most coveted award in the industry,” said Dr. Louay Eldada, Quanergy CEO. “Taking home the top prize in the vehicle intelligence category is an immense honor. The S3 exemplifies Quanergy’s drive to push the boundaries of innovation in smart sensing and develop unique, disruptive and cost-effective products that enhance the safety, productivity and comfort of consumers on a mass scale.”

Quanergy will demonstrate its award-winning sensor and 3D smart sensing solutions at the 2017 International Consumer Electronics Show (CES) in Booth 4138. CES runs January 5-8, 2017 in Las Vegas, Nevada. The S3 will also be displayed at the ‘CES Unveiled New York’ event on November 10 at the Metropolitan Pavilion in New York City.

The prestigious CES Innovation Awards are sponsored by the Consumer Technology Association (CTATM ), the producer of CES 2017, the global gathering place for all who thrive on the business of consumer technologies. These awards have been recognizing and celebrating exceptional achievements in product design and engineering in brand-new consumer products since 1976.

About Quanergy Systems, Inc.

Quanergy Systems, Inc. was founded in 2012 and builds on decades of experience of its team in the areas of optics, photonics, optoelectronics, robotics, artificial Intelligence, machine learning and controls. Headquartered in Sunnyvale, California, in the heart of Silicon Valley, Quanergy offers the world’s leading LiDAR sensors and software for the capture and processing of 3D spatial data, and object detection, tracking and classification. Its sensing systems improve safety, efficiency and costs in sectors ranging from transportation and security to industrial automation and 3D terrestrial and aerial mapping. In transportation, the data is utilized in real time to greatly improve the accuracy and reliability of on-board driver safety systems and enhance them with perception, scenario analysis, and decision making capability for cost-effective and robust advanced driver assistance systems (ADAS) and autonomous driving solutions. Quanergy’s LiDARs lead in all key commercialization areas – price, performance, reliability, size, weight, power efficiency – while meeting the mass deployment requirements of durability and dependability using solid state technology. For more information, visit www.quanergy.com .

Contact:

Quanergy Systems, Inc.
Ann Gargiulo, +1-408-245-9500
Director of Marketing Communications
media@quanergy.com

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