Quanergy Systems Inc., a provider of solid state LiDAR sensors, will begin production and delivery of its revolutionary S3 LiDAR system for numerous markets in 2017.
The manufacturing and commercial availability of S3 marks a critical step in accelerating innovation in advanced driver assistance systems (ADAS) and autonomous vehicle (AV) systems. The commercial availability of S3 LiDAR will also advance application development in areas as diverse as industrial automation, robotics, drones, security, smart home and Internet of Things (IoT).
“We believe that 2017 will be the year that LiDAR demonstrates that it can be an affordable, reliable mass market product,” says Dr. Louay Eldada, Quanergy Systems CEO. “There is high customer demand for lower cost, more reliable high-end sensor systems. The S3 is the only product that can satisfy this demand and deliver true solid state 3D sensing at a reasonable price.”
Quanergy recently received the 2017 CES Best of Innovation Award for the vehicle intelligence category. The company unveiled its vision for the S3 at CES in 2016. Over the course of 2016, the company made strong progress in partnerships and product development. Quanergy has entered into a strategic commercialization partnership with Sensata Technologies for the ground transportation space, and a contract manufacturing partnership with Flex for all other markets, to bring this revolutionary technology to market.
The compact S3 sensor can be concealed into the body of any vehicle, ensuring uncompromised design aesthetics and aerodynamics. Its ability to perform real-time 3D mapping and object detection, tracking and classification, enables autonomous driving.
“The high cost and low reliability of LiDAR systems have been fundamental barriers to the adoption of self-driving vehicles,” says Steve Beringhause, executive vice president and chief technology officer of Sensata Technologies. “Sensata is proud to partner with Quanergy to deliver a groundbreaking automotive-grade product that can enable the next age of transportation. The S3 system fits seamlessly into automotive architectures and we believe that it will be the clear industry leader in cost and reliability.”
About Quanergy Systems
Quanergy Systems Inc. was founded in 2012 and builds on decades of experience of its team in the areas of optics, photonics, optoelectronics, artificial intelligence software and control systems. Headquartered in Sunnyvale, Calif., in the heart of Silicon Valley, Quanergy offers the LiDAR sensors and software for real-time capture and processing of 3D mapping data and object detection, tracking, and classification. In transportation, the data is utilized to greatly improve the accuracy and reliability of on-board driver safety systems and enhance them with perception, scenario analysis and decision making capability for active control, as well as enable autonomous driving in the future.