SUNNYVALE, Calif. – June 1, 2020 – Quanergy Systems, Inc., a leading provider of LiDAR (Light Detection and Ranging) sensors and smart perception solutions, today announced a new partnership with Milexia, a leading European distributor of RF and microwave components and instrumentation for electronics industry. Quanergy is strengthening its global footprint and further growing its European market presence through this partnership with Milexia. Through this agreement, Milexia is adding Quanergy Systems to its continuously growing services and solutions portfolio as its first partner for cutting-edge and advanced LiDAR sensing solutions. The two companies have signed an agreement to bring Quanergy’s innovative LiDAR platform for its customers in various applications and industries including industrial automation, mapping, and unmanned vehicle/automotive.
Milexia is a leading European technology distributor and value-add service provider for high tech components, systems, and scientific instrumentation, with offices and warehouses in France, Italy, Spain, and the UK. Quanergy LiDAR offerings will be included in the company’s following offerings:
“Quanergy’s LiDAR solution significantly enhances our portfolio,” said Mitia Cugusi, Managing Director, Milexia Italia. “LiDAR sensing technology is critical for various advanced applications requiring spatial location and depth information to identify, classify, and track moving objects. Quanergy offers a unique combination of solid state products with a high performance of electromechanical devices to advance the commercialization of these key technologies and bring increased accuracy and reliability to various advanced applications. Quanergy’s technology will deliver significant value to our customers.”
“We are excited to work with Milexia and believe it will strengthen Quanergy’s presence as a leader of high performance LiDAR sensor technologies in Europe,” said Oliver Wunderlich, Quanergy’s European Managing Director, Sales & Business Development. “By selecting Milexia as a distributor, we’ll be working closely to leverage its technical expertise, integrators, and strong customer relationships to open up new opportunities for our intelligent LiDAR-based sensing solutions in Italy.”
This strategic agreement represents the initial phase of the business alliance. The companies will continue to explore areas for further growth as part of a long-term partnership.
Quanergy 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 a high-performance AI-powered LiDAR platform designed to accelerate the automation of key business processes to increase productivity, efficiency, and safety of our 3D world. By providing actionable insights to organizations across major industries including, mapping, security, smart cities and smart spaces, industrial automation and transportation, Quanergy is enabling its partners and their end-users to deploy innovative solutions to drive their business growth and ultimately, improve the quality of life for people around the world. For more information, visit www.quanergy.com.
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