CCAC News and Press, CITIC Capital Acquisition Corp. Class A From 12/14/21

Mobile solution can be deployed anywhere to ensure security of remote sites Cost-effective, flexible security solution for sites with limited infrastructure 3D LiDAR provides extremely high accuracy and reduces false alarms by more than 95% Quanergy Systems , Inc...

M1 Edge smart solution offers 3x price/performance advantage vs incumbent solutions Ideal for collision avoidance and smart navigation for mobile robots, port automation and warehouse logistics applications Quanergy Systems, Inc., a leading provider of OPA-based solid-st...

Quanergy Systems, provider of OPA-based solid state LiDAR sensors and smart 3D solutions for automotive and IoT, estimates Q3 prelim revenue to be $1.137M (+20% Y/Y, +26% Y/Y) driven by improving demand for the company’s flow management solutions. Q3 ended with $34.2M in cash and ...

Quanergy, a leading provider of OPA-based solid state LiDAR sensors and smart 3D solutions for automotive and IoT, will host a webcast to provide a transaction and business update on Tuesday, September 21, 2021, at 4:30 p.m. ET. The conference call will be accessible via webcast h...

Lidar startup Ouster Inc. (NYSE:OUST) is said in discussions to purchase rival Sense Photonics. A deal price wasn't immediately known, traders said, citing a Bloomberg report. In June 2019, Sense Photonics said it raised $26M in a Series A funding round that co-led by Acadia Woods and Congrue...

Lidar maker Cepton Technologies is said in talks to go public through a deal with SPAC Growth Capital Acquisition (NASDAQ:GCAC). Growth Capital rose 0.8% in after hours trading. The transaction is expected to value the company at about $1.5B, according to a Bloomberg report. A deal for t...

Quanergy provides LiDAR sensors and 3D perception software; it recently entered into a deal with SPAC CITIC Capital Acquisition. CEO Kevin Kennedy, who helped build up Cisco in the 90s, talks about the importance of access to capital in an overcapitalized market. Focusing on IoT a...

Quanergy Systems , Inc., a leading provider of OPA-based solid state LiDAR sensors and smart 3D solutions for automotive and IoT, today announced the successful driving demonstration of its S3 Series LiDAR , a true solid state LiDAR sensor using an industry-first Optical Phased ...

LiDAR-based IoT solution provides 3D modeling of waste piles to optimize the recycling process while reducing the plant’s environmental impact. LiDAR data enables waste density measurement solution to prioritize waste incineration. Quanergy’s LiDAR sensors featur...

Quanergy announces a deal with a Chinese sponsored SPAC to go public. The lidar sensor sector will now have 7 public companies. The stock is one to avoid as general SPAC weakness and a crowded space is unlikely to lead to much investor appetite until long after the deal closes. ...