QNGY - Quanergy Systems jumps after Digital Mortar partners for retail flow management

Quanergy Systems (NYSE:QNGY) is up 19% in early Wednesday trading as the company stated Digital Mortar has selected its LiDAR portfolio to provide flow management solutions for retail applications. "Quanergy 3D LiDAR has rapidly become a key technology in retail people measurement and public-spaces for crowd-management. We expect Quanergy LiDAR products to account for 30-40% of sensors we’ll install in 2022," said Digital Mortar CEO Gary Angel.  With the Quanergy and Digital Mortar solution once can capture highly detailed information of customers and guest experience. Press Release

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Quanergy Systems jumps after Digital Mortar partners for retail flow management