Quanergy Receives 2019 Best of Sunnyvale Award for Excellence in Manufacturing

Quanergy Receives 2019 Best of Sunnyvale Award for Excellence in Manufacturing

SUNNYVALE, Calif. – December 27, 2019 – Quanergy Systems, Inc., a leading provider of LiDAR (Light Detection and Ranging) sensors and smart perception solutions, today announced that the company has been selected for the 2019 Best of Sunnyvale Award in the Manufacturers category by the Sunnyvale Award Program.

Each year, the Sunnyvale Award Program identifies companies that have achieved exceptional marketing success in their local community and business category. These are local companies that enhance the positive image of small business through service to their customers and our community. These exceptional companies help make the Sunnyvale area a great place to live, work and play.

“Quanergy prides ourselves in producing our LiDAR in Sunnyvale, and the city has been incredibly supportive to the company as we’ve expanded and needed more space to maintain the increased production of our sensors,” said Raj Bhullar, Vice President of Manufacturing at Quanergy. “There is an overwhelming amount of technology being developed in the Bay Area and Sunnyvale, and the fact that Quanergy was selected for this award speaks to the dedication of our team to constantly find new ways to build better LiDAR technology by streamlining the production process.”

Quanergy opened its first manufacturing facility in Sunnyvale in 2012 to produce its patented M8 LiDAR sensors. In December of 2017, the company opened its first automated production facility to manufacture its award-winning and patented S3 solid state LiDAR sensor, becoming the only LiDAR manufacturer with the capability to mass-produce solid state 3D LiDAR. In August of 2018, the company expanded manufacturing operations, doubling the size of its facility to meet the increasing global demand of its LiDAR products and smart sensing solutions.

Various sources of information were gathered and analyzed to choose the winners in each category. The 2019 Sunnyvale Award Program focuses on quality, not quantity. Winners are determined based on the information gathered both internally by the Sunnyvale Award Program and data provided by third parties.

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 Sunnyvale Award Program
The Sunnyvale Award Program is an annual awards program honoring the achievements and accomplishments of local businesses throughout the Sunnyvale area. Recognition is given to those companies that have shown the ability to use their best practices and implemented programs to generate competitive advantages and long-term value. The Sunnyvale Award Program was established to recognize the best of local businesses in our community. Our organization works exclusively with local business owners, trade groups, professional associations and other business advertising and marketing groups. Our mission is to recognize the small business community's contributions to the U.S. economy.

Contact:
Sona Kim
Marketing Communications Manager
408.245.9500
media@quanergy.com