September 11, 2023

Quanergy Showcases New Q-Track 3D LiDAR Solution at GSX 2023

Industry’s First Security as a Service Solution Delivers 3D Proactive Awareness to Reduce False Alarms and Save Lives

DALLAS, TX – September 11, 2023 – Quanergy Solutions, Inc., a leading provider of 3D LiDAR (Light Detection and Ranging) solutions, is giving GSX attendees a first look at Q-Track™, a uniquely integrated solution that combines Quanergy’s long-range 3D LiDAR sensors with advanced perception software for unmatched proactive awareness in highly dynamic environments. Q-Track™ is also the industry’s first 3D LiDAR Security-as-a-Service (SaaS) solution, delivering greater financial flexibility in a single, easy to scale package.

“Q-Track represents a significant leap forward in 3D LiDAR solutions, changing the way we see the world but also how the world sees LiDAR in terms of accessibility,” said Enzo Signore, CEO, Quanergy. “Its capabilities are poised to redefine industries, from critical infrastructure to smart cities and smart space, by enabling the precise real-time decision making required to protect critical sites and save lives.”

The LiDAR sensors emit a low-power, eye-safe laser, measuring the time it takes for the laser to complete a round trip between the sensor and an object. The resulting aggregate data is then used to generate a 3D point cloud image, providing both spatial awareness and depth information to identify, classify, and track moving objects in real-time. The complementary perception software then derives useful insights from the available 3D point data to meet a number of security and business intelligence imperatives.

The resulting proactive awareness provided by Q-Track™ addresses the longstanding challenges faced by enterprise organizations’ security operations, including the reactive nature of conventional video systems and technologies, and the high cost and efficacy of manned guard services. With Q-Track™, Quanergy raises the bar by setting new benchmarks for event detection, object classification and tracking for a wide range of applications that allow users to see beyond what currently exists and reach for what could be and should be the new security technology imperative.

As the industry’s first 3D LiDAR SaaS solution, Q-Track™ is available via an annual subscription. This new subscription model allows deploying organizations to budget this advanced solution as an operating expense (OPEX), providing additional procurement and financial flexibility while deriving greater ROI from existing security budgets. The SaaS subscription provides Q-Track’s™ unmatched real-time capabilities in a single, easy to order package that includes 3D sensors, perception software license, support, maintenance, upgrades and warranty, for the entire duration of the subscription.

Quanergy is offering both the new SaaS and traditional capital expense (CAPEX) ownership models, ensuring that customers can choose the option that best aligns with their needs. Quanergy customers currently operating under the CAPEX model can easily transition to the SaaS model by contacting their sales representative.

GSX attendees can see Q-Track™ live and in action at Quanergy booth #1738. The Quanergy team will also be on hand to answer questions regarding the Q-Track™ SaaS model and the company’s complete lineup of technology solutions.

For more information, please visit www.quanergy.com, or visit GSX 2023 booth #1738.

 

About Quanergy

Quanergy is redefining physical security with real-time 3-D LiDAR solutions. Based in Silicon Valley, Quanergy’s revolutionary Security as a Service delivers intelligent proactive awareness for highly dynamic environments like critical infrastructure, smart cities, smart spaces, and industrial automation. Quanergy’s mission is to ensure you see beyond current sensing limitations and experience the power of 3-D security designed for a 3-D world. For more information, please visit us at www.quanergy.com.

 

Media Inquiries