Quanergy Systems: Breaking the Cost Barrier of LiDAR Sensors

Dr. Louay Eldada, CEO
Time-of-flight LiDAR (light detection and ranging)—the most capable sensors for real-time 3D mapping and object recognition—has already set its benchmark in various industries. However, it is often difficult to find dependable, precise, and affordable LiDAR sensors in the market. The price range for LiDARs has been high—ranging from $10,000 to $200,000. In a bid to reduce this price and expand the use of LiDAR-based smart sensing solutions for object identification, tracking, and classification, Quanergy Systems came into being.

Headquartered in Sunnyvale, CA, Quanergy Systems offers cost effective LiDAR sensors and LiDAR-based sensing systems. The company provides four crucial commercialization metrics: cost, performance, reliability, and size for the next generation LiDAR sensors across multiple industries. “Our solutions are based on our expertise in the area of solid state sensing, which allows sales price to drop in volume below $100,” says Dr. Louay Eldada, CEO at Quanergy Systems. These sensors have industry-leading features including a range of 300 meters, centimeter accuracy, 360-degree field of view, high dynamic range under various weather conditions, compact size, light weight, and low power consumption. Spearheading the robotics revolution, the company’s LiDAR-based sensing systems comprise multiple sensors, a central processor, and artificial intelligence software.

With its high performance terrestrial and aerial LiDAR, Quanergy finds success by bringing advanced vehicle technologies to the market on an extremely different trajectory. In the automotive space, the inexpensive LiDAR sensors help facilitate expansive deployment of sophisticated driver assistance systems (ADAS) and independent driving systems. The safety-enabling sensing systems could be connected to Electronic Control Units (ECUs) to activate the brakes, accelerators, steering, signaling in vehicles. When OEMs are ready and legislation is supportive, this technology could provide both the sensing and the controls needed to support various levels of vehicle automation. With 80 percent of transportation accidents being preventable with this technology, Quanergy is fetching it to the masses.
Delivering an exceptional service for its clients is one among Quanergy’s core value propositions. In accordance with their mission, the company designs innovative products for specific environments that have the largest impact on end-to-end business methodologies. Quanergy has established its market footprint in robotics, aeronautics, automotive, transportation, agriculture, mining, logistics, security, and 3D-aware consumer electronics, supporting a concept of smart Internet of Things (IoT). The company has global partners and customers in leading market segments and has attracted an impressive clientele, including Mercedes-Benz, Hyundai-Kia, Renault-Nissan among several others. In an illustrative example, Quanergy Systems partnered with Mercedes-Benz in a close technical collaboration to develop, test, and deploy advanced LiDAR-based systems. These systems are specifically designed to enable enhanced automotive safety and autonomous driving features. Quanergy’s LiDAR technology provides accurate perception of the surroundings of the vehicle within a large detection range. This enabled the development of powerful collision avoidance systems and autonomous driving functions for smart connected vehicles.

Our solutions are based on our expertise in the area of solid state sensing, which allows sales price to drop in volume below $100

Quanergy Systems has a rich pipeline of capable and affordable products that ensure them a successful path ahead of the competition. The company’s multidisciplinary team actively pursues projects where they demonstrate immediate value for its clients, while working to make an impact with disruptive research that improves people’s lives. “We believe in a systematic approach to continual improvement. Along with our core functionalities, we aim to offer new features and capabilities through innovations in hardware and software” concludes Louay.

Quanergy Systems

Sunnyvale, CA

Dr. Louay Eldada, CEO

Delivers robust and intelligent real-time 3D mapping and object detection,tracking, identification, and classification.