- The 3D LiDAR and VMS integration delivers advanced insights and
analytics for physical security applications in the government,
retail, and gaming industries
Quanergy Systems, Inc., (NYSE: QNGY) a leading provider of LiDAR
sensors and smart 3D solutions, today announced a technology
integration with Mirasys, one of the leading suppliers of open
platform Video Management Systems (VMS). The integration of
Quanergy’s platform with Mirasys’ deep vision data platform will
deliver advanced insights and analytics for physical security
applications in the government, retail, and gaming industries.
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the full release here:
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Quanergy and Mirasys Integrate 3D LiDAR
and Deep Vision Data Platforms to Provide Advanced Security
(Graphic: Business Wire)
“LiDAR is the new gold standard for 3D perception in the
security industry thanks to its unmatched accuracy,” said Max
Davis, Business Development Manager at Mirasys. “Quanergy’s 3D
LiDAR platform delivers rich real-time 3D data and powerful
insights about the presence and movement of people that will be
invaluable to our user base within the security and smart city
markets.”
Mirasys is a deep vision data company that allows customers
around the world to extract maximum information from old and new
cameras and sensors. Its intelligent VMS is based on openness, easy
install-use software, and data security.
By integrating Quanergy’s 3D LiDAR platform, customers can
optimize business operations with real-time data including
location, direction, speed and type of objects. The QORTEX DTC™
platform enables the classification of vehicles and people,
ensuring high accuracy and efficiency when integrated with VMS. In
addition, the LiDAR sensors are accurate and reliable in all
weather and lighting conditions, including very bright and very low
light, making them ideal for both indoor and outdoor security
applications.
“LiDAR-based security solutions provide incredibly rich and
detailed data, enabling advanced analytics and deeper insights with
more accuracy than ever before,” said Gerald Becker, VP of Market
Development and Alliances at Quanergy. “The integration with
Mirasys will bring the value of LiDAR to an even wider
audience.”
For more information, visit www.quanergy.com.
About Quanergy Systems, Inc.
Quanergy’s (NYSE: QNGY) mission is to create powerful,
affordable smart 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
built on optical phased array (OPA) technology to enable the mass
production of low-cost, highly reliable 3D LiDAR solutions. Through
Quanergy’s smart LiDAR solutions, businesses can now leverage
real-time, advanced 3D insights to transform their operations in a
variety of industries including industrial automation, physical
security, smart cities, smart spaces and much more. Quanergy
solutions are deployed by nearly 400 customers across the globe.
For more information, please visit us at www.quanergy.com.
Forward-Looking Statements This press release includes certain
statements that are not historical facts but are forward-looking
statements for purposes of the safe harbor provisions under the
United States Private Securities Litigation Reform Act of 1995.
Forward-looking statements generally are accompanied by words such
as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,”
“intend,” “expect,” “should,” “would,” “plan,” “predict,”
“potential,” “seem,” “seek,” “future,” “outlook,” “project,” “will
likely result” and similar expressions that predict or indicate
future events or trends or that are not statements of historical
matters. All statements, other than statements of present or
historical fact included in this press release, are forward-looking
statements, including statements regarding the use of LiDAR in the
development of smart cities. These forward-looking statements
involve significant risks and uncertainties that could cause actual
results to differ materially from expected results. Most of these
factors are outside Quanergy’s control and are difficult to
predict. Factors that may cause such differences include, but are
not limited to: changes in domestic and foreign business, market,
financial, political and legal conditions; the overall level of
consumer demand for Quanergy’s products; general economic
conditions and other factors affecting consumer confidence,
preferences, and behavior; disruption and volatility in the global
currency, capital, and credit markets; the ability to maintain the
listing of Quanergy’s securities on the New York Stock Exchange;
the financial strength of Quanergy’s customers; Quanergy’s ability
to implement its business strategy; changes in governmental
regulation, Quanergy’s exposure to litigation claims and other loss
contingencies; disruptions and other impacts to Quanergy’s
business, as a result of the COVID-19 global pandemic and
government actions and restrictive measures implemented in
response; stability of Quanergy’s suppliers, as well as consumer
demand for its products, in light of disease epidemics and
health-related concerns such as the COVID-19 global pandemic; the
impact that global climate change trends may have on Quanergy and
its suppliers and customers; Quanergy’s ability to protect patents,
trademarks and other intellectual property rights; any breaches of,
or interruptions in, Quanergy’s information systems; fluctuations
in the price, availability and quality of electricity and other raw
materials and contracted products as well as foreign currency
fluctuations; Quanergy’s ability to utilize potential net operating
loss carryforwards; changes in tax laws and liabilities, tariffs,
legal, regulatory, political and economic risks; and other risks
and uncertainties indicated in Quanergy’s filings with the U.S.
Securities and Exchange Commission. In addition, forward-looking
statements reflect Quanergy’s expectations, plans or forecasts of
future events and views only as of the date of this press release.
Quanergy anticipates that subsequent events and developments will
cause its assessments to change. However, while Quanergy may elect
to update these forward-looking statements at some point in the
future, Quanergy specifically disclaims any obligation to do so,
except as required by law.
About Mirasys
Mirasys is one of the leading suppliers of open platform Video
Management Systems (VMS). Mirasys intelligent surveillance software
is used for perimeter protection, building management, loss
prevention, and operational efficiency by customers from many
industries in over 40 countries. Mirasys Spotter V9 is one of the
preferred VMS software to collect, store, process and provide data
from CCTV cameras and other related sensors to small and large
installations. Based in Finland, the company operates worldwide in
cooperation with leading distributors, system integrators, security
service providers and system manufacturers. More than 70.000
customers use Mirasys systems with nearly one million cameras.
Mirasys intelligent VMS is based on openness, easy install-use
software, data security, and win-win partnership. For more
information about Mirasys, visit www.mirasys.com.
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Media Contact Neal Stein Media@quanergy.com Investors:
QuanergyIR@ICRinc.com
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