Quanergy wins the #SmartCity Innovation of the Year in 2022 from the IoT Breakthrough Awards Program

SUNNYVALE, CA – (work wire) – Quanergy Systems, Inc. , a leading manufacturer of OPA-based solid LiDAR sensors and intelligent 3D solutions for automobiles and the Internet of Things, was awarded the “Smart City Innovation of the Year” award at 6y Annual IoT Breakthrough Awards Programs.

The award recognizes LiDAR’s 3D smart city flow management solution, which uses 3D LiDAR sensors and computer vision software to collect real-time traffic data including pedestrian classification, vehicle types and traffic volume, with high accuracy under any lighting and weather conditions.

IoT Breakthrough, a leading market intelligence organization that recognizes top companies, honors outstanding Internet of Things (IoT) companies and products. This “breakthrough” 3D IoT LiDAR sensor solution plays an important role in smart city ICT infrastructure (information, communication and technology) and enables smart city traffic control scheme to provide smarter, data-driven information to both pedestrians and drivers. When integrated with traffic lights via 3research and development Party Apps Quanergy’s LiDAR 3D smart city flow management solution can send real-time traffic information through an app on a smartphone or provide data to drivers through V2X (vehicle-to-everything) and beacon equipment.

“This year’s program has attracted more than 3,850 nominations from companies around the world,” said James Johnson, managing director of IoT Breakthrough. “Quanergy was a clear winner because we appreciate IoT innovators, leaders and visionaries from around the world.”

“We are proud to have won the IoT Breakthrough Smart City Awards,” said Enzo Senor, Chief Marketing Officer, Quanergy Systems. “Our IoT strategy, combined with a forward-thinking mindset and advances in technology, allows our customers to gain privacy, be more secure, and access real-time 3D data to make better decisions.”

Quanergy’s 3D LiDAR, in conjunction with partner Parifex, is currently used by the French Ministry of the Interior in France to monitor and implement highway speed. Meanwhile, in Busan, South Korea, Quanergy’s IoT LiDAR solution collects and analyzes traffic data including pedestrian direction, traffic volume and number of speeding vehicles in order to better understand traffic patterns and predict safety risks.

About Quanergy Systems, Inc.

Quanergy’s mission is to create powerful, intelligent, and affordable LiDAR solutions for automotive and IoT applications to enhance people’s experiences and safety. Quanergy has developed the only true 100% solid-state CMOS LiDAR sensor based on Optical Phase Array (OPA) technology to enable mass production of low-cost and highly reliable 3D LiDAR solutions. With Quanergy’s intelligent LiDAR solutions, companies can now leverage advanced real-time 3D insights to transform their operations in a variety of industries including industrial automation, physical security, smart cities, smart spaces, and more. Quanergy solutions are deployed by nearly 400 customers worldwide. For more information, please visit us at www.quanergy.com.

About hacking the Internet of Things

The IoT Breakthrough Awards Program is part of Tech Breakthrough, a leading platform for market intelligence and recognition of global technology innovation and leadership, dedicated to honoring excellence in IoT technologies, services, companies, and products. The IoT Breakthrough Awards Program provides a forum for public recognition of the achievements of IoT companies and products in categories including connected home, home automation, connected cars, Industrial Internet of Things (IIoT), smart city, consumer Internet of Things, and more. For more information, please visit IoTBreakthrough.com.

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