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QNGY - Quanergy nabs orders for fo1 1K+ sensors for IoT applications
Quanergy Systems Inc.
Quanergy Systems (NYSE:QNGY) announced that in Q4 it received orders for 1K+ sensors for a broad range of IoT applications. Quanergy smart LiDAR solutions, coupling high-performance, long-range LiDAR sensors with highly accurate perception software, are disrupting several IoT markets by providing advanced security for critical infrastructures. The order is the highest number of sensors booked in a single quarter in over three years.