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home / news releases / QNGY - Quanergy gains on receiving multi-million dollar order from Prime Secured


QNGY - Quanergy gains on receiving multi-million dollar order from Prime Secured

  • Quanergy Systems ( NYSE: QNGY ) announced that Prime Secured placed a multi-million dollar order to provide its customers with greater physical security and flow management capabilities that will begin with a deployment at a major casino.
  • This deployment of the Prime Secured and Quanergy solution paves the way for additional deployments to more customers, offering increased functionality and capability for security and traffic flow management.
  • Brad Sherrard, chief revenue officer, Quanergy Systems, Inc., said: “Prime Secured is a trusted partner of ours. We work with them on a number of customized deployments that use our LiDAR sensors and QORTEX perception software. This marks a significant, multi-million dollar deal that will enable us to improve flow management and physical security with deeper insight and analytics. The gaming facility deployment paves the way for future deployments of this joint solution.”
  • Shares up 5.75% PM.

For further details see:

Quanergy gains on receiving multi-million dollar order from Prime Secured
Stock Information

Company Name: Quanergy Systems Inc.
Stock Symbol: QNGY
Market: NYSE
Website: quanergy.com

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