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This content is a press release from our partner Business Wire. The AP newsroom and editorial departments were not involved in its creation.

Quanergy Partners With Athena to Offer LiDAR Technology to Indian Market

March 1, 2019

SUNNYVALE, Calif.--(BUSINESS WIRE)--Mar 1, 2019--Quanergy, a leading provider of LiDAR (Light Detection and Ranging) sensors and smart sensing solutions, today announced a partnership with Athena Security Solutions, a Hyderabad-based provider of specialized intelligent solutions from industry-leading global technology providers for the protection of critical assets. Athena will now be offering the entire range of Quanergy’s solutions, including the Solid State S3-X series sensors and QORTEX for Security™ to its many corporate and government clients across India.

QORTEX for Security™ is Quanergy’s innovative LiDAR-based 3D perimeter fencing and intrusion detection system. The platform integrates innovative hardware and software technology by combining Quanergy’s M8 LiDAR sensor with its proprietary QORTEX perception software. The platform is fully integrated into existing VMS (Video Management System) and PSIM (Physical Security Information Management) infrastructure and offers surveillance automation with real-time detection, tracking and classification.

“Athena aims to provide our clients with the highest performing and most comprehensive solutions available,” said Vishnu Choudhary, CEO of Athena Security Solutions. “Partnering with Quanergy will give us the ability to follow through on that goal by providing the Indian market with increased access to industry-leading LiDAR technology, offering customized solutions specifically designed and tested for Indian conditions and industry-specific applications.”

Athena works with Corporate and Governmental organizations across India. It has successfully secured several prestigious projects working with its partners including the Comprehensive Integrated Border Management System (CIBMS) for the Border Security Force and, most recently, the protection of key defense facilities in India. In addition, Athena has secured and executed projects for Refineries, Ports, Pipelines, Police, Educational institutions, Manufacturing Plants and Power Plants.

“Quanergy’s LiDAR-based security solutions have wide-ranging potential applications across all industries and geographies,” said Dr. Louay Eldada, CEO and co-founder of Quanergy. “Partnering with Athena gives us the ability to expand our global footprint to offer our innovative technology to Indian companies and organizations in need of smarter, more secure systems.”

To learn more about QORTEX for Security™, visit www.quanergy.com/software.

About Quanergy Systems, Inc.

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, California, in the heart of Silicon Valley, Quanergy offers smart sensing solutions. It is a leading provider of LiDAR sensors and perception software for real-time capture and processing of 3D spatial data and object detection, identification, classification and tracking. Its sensors are disruptive in price, performance, reliability, size, weight and power. Its solutions are applicable in numerous sectors including transportation, security, industrial automation, 3D mapping, mining, agriculture, drones, robotics, smart spaces and 3D-aware smart devices for improved safety, efficiency and quality of life. For more information, visit www.quanergy.com.

About Athena Security Solutions

Athena Security Solutions, INDIA Pvt Ltd, is a Hyderabad-based company established by industry experts with deep understanding of global best practices and experience working with Corporate and Homeland Security, Defense clients in many geographies around the globe. Athena helps its clients succeed in complex and dangerous environments, enabling them to control and reduce risks through the delivery of customized intelligent solutions. Athena is focused on providing solutions enabling industry and protecting critical assets. For more information, visit www.athenasecurity.in.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190301005115/en/

CONTACT: Quanergy Public Relations

Louay Eldada, +1-408-245-9500

media@quanergy.com

KEYWORD: UNITED STATES ASIA PACIFIC NORTH AMERICA CALIFORNIA INDIA

INDUSTRY KEYWORD: TECHNOLOGY HARDWARE SOFTWARE OTHER TECHNOLOGY SEMICONDUCTOR DEFENSE CONTRACTS

SOURCE: Quanergy Systems, Inc.

Copyright Business Wire 2019.

PUB: 03/01/2019 06:00 AM/DISC: 03/01/2019 06:01 AM

http://www.businesswire.com/news/home/20190301005115/en