CITIC Capital Acquisition Corp

Quanergy Systems, Inc. develops smart LiDAR hardware and software sensor security solutions for automotive and IoT applications. The firm offers mechanical and solid state LiDAR sensor solutions. It engages in the provision of its solutions to various industrial applications including automation, physical security, smart cities, smart spaces and related industries. The company was founded by Louay Eldada, Angus Pacala and Tianyue Yu in 2012 and is headquartered in Sunnyvale, CA.

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SUNNYVALE, Calif.--(BUSINESS WIRE)--Quanergy Systems Announces Closing of Business Combination

Quanergy Systems Announces Closing of Business Combination

SUNNYVALE, Calif.--(BUSINESS WIRE)--Quanergy Highlights Business Momentum on Path to Publicly Listing on NYSE

Quanergy Highlights Business Momentum on Path to Publicly Listing on NYSE

SUNNYVALE, Calif.--(BUSINESS WIRE)--Quanergy Names Kevin Amiri Senior Vice President Operations to Maximize Long Term Growth

Quanergy Names Kevin Amiri Senior Vice President Operations to Maximize Long Term Growth

SUNNYVALE, Calif.--(BUSINESS WIRE)--Quanergy Systems, Inc. (“Quanergy”), a leading provider of OPA-based solid state LiDAR sensors and smart 3D solutions for automotive and IoT, today announced preliminary financial results for the fourth quarter ended December 31, 2021. On January 6, 2022, CITIC Capital Acquisition Corp. (NYSE: CCAC) (“CCAC”), a publicly traded special purpose acquisition company, announced that CCAC's registration statement on Form S-4, relating to the previously announced pr

Quanergy Announces Preliminary 2021 Q4 Revenue and Cash Results

NEW YORK, Jan. 7, 2022 /PRNewswire/ -- CITIC Capital Acquisition Corp. (NYSE: CCAC) ("CCAC"), a publicly traded special purpose acquisition company, and Quanergy Systems, Inc. ("Quanergy"), a leading provider of OPA-based solid state LiDAR sensors and smart 3D solutions for automotive and IoT, today announced that, on January 6, 2022, CCAC's registration statement on Form S-4 (the "Registration Statement"), relating to the previously announced proposed business combination (the "Business Combination") with Quanergy, has been declared effective by the U.S. Securities and Exchange Commission ("SEC"). The Registration Statement provides important information about CCAC, Quanergy and the Business Combination and can be found on the SEC's website at https://www.sec.gov under the ticker "CCAC.

CITIC Capital Acquisition Corp. Announces Effectiveness of Registration Statement and January 31, 2022 Extraordinary General Meeting to Approve Business Combination with Quanergy

SUNNYVALE, Calif.--(BUSINESS WIRE)--Quanergy Delivers Industry First 200 Meter Range for OPA-Based Solid State LiDAR

Quanergy Delivers Industry First 200 Meter Range for OPA-Based Solid State LiDAR

SUNNVALE, Calif. & NEW YORK--(BUSINESS WIRE)--Quanergy Systems, Inc. (“Quanergy”) and CITIC Capital Acquisition Corp. (NYSE: CCAC) (“CCAC”) today announced that CCAC has secured a $125 million capital commitment from Global Emerging Markets Group (“GEM”), a Luxembourg-based private alternative investment group. Under the agreement, GEM will provide a Share Subscription Facility (the “GEM facility”) of up to $125 million for a 36-month term following the completion of the planned business combin

CITIC Capital Acquisition Corp. Secures $125 Million Capital Commitment from Global Emerging Markets in Advance of Planned Business Combination with Quanergy

SUNNYVALE, Calif. & PARIS--(BUSINESS WIRE)-- #Mobile--Quanergy Systems, Inc., a leading provider of OPA-based solid state LiDAR sensors and smart 3D solutions for automotive and IoT, today announced a collaboration with Securitas France, a leader in intelligent protective services. The collaboration provides the security industry's first remote mobile surveillance solution with 3D LiDAR integration. The mobile surveillance solution, Mobile Cam 3D from Securitas, combines Quanergy's M-Series LiDAR sensors

Securitas France Partners With Quanergy to Unveil the Security Market's First Mobile Surveillance Solution With Integrated 3D LiDAR Technology

SUNNYVALE, Calif.--(BUSINESS WIRE)-- #2D--Quanergy Systems, Inc., a leading provider of OPA-based solid-state LiDAR sensors and smart 3D solutions for automotive and IoT, today announced the new M1 Edge™ 2D LiDAR sensors paired with Quanergy's QORTEX Aware™ perception software. The M1 Edge is an integrated software and hardware solution designed to automatically collect, analyze, and interpret LiDAR point cloud data for a wide variety of industrial applications without additional programming. In June

Quanergy Unveils New Smart LiDAR Solution for Industrial Automation

SUNNYVALE, Calif.--(BUSINESS WIRE)-- #CCAC--Quanergy Systems, Inc., a leading provider of OPA-based solid state LiDAR sensors and smart 3D solutions for automotive and IoT, today announced preliminary financial results for the third quarter ended September 30, 2021 and the achievement of 160 meter detection range for its solid-state LiDAR. In June, Quanergy entered into a definitive merger agreement with CITIC Capital Acquisition Corp. (NYSE: CCAC) (“CCAC”). Upon closing of the transaction, the combine

Quanergy Announces Preliminary Q3 Financial Results

SUNNYVALE, Calif.--(BUSINESS WIRE)-- #3d--Quanergy Systems, Inc., a leading provider of OPA-based solid state LiDAR sensors and smart 3D solutions for automotive and IoT, today announced the release of QORTEX DTC 2.2, the latest version of its 3D perception software, designed for advanced smart city and security applications. In June, Quanergy entered into a definitive merger agreement with CITIC Capital Acquisition Corp. (NYSE: CCAC) (“CCAC”). Upon closing of the transaction, the combined company wi

Quanergy Releases Advanced 3D Perception Software Capabilities for Smart City and Security

SUNNYVALE, Calif.--(BUSINESS WIRE)-- #Steel--Quanergy Systems, Inc., a leading provider of OPA-based solid state LiDAR sensors and smart 3D solutions for automotive and IoT, today announced its latest achievement in industrial automation with the deployment of its 3D LiDAR solutions for heavy machinery operation in China. Collaborating with Hunan Qiaokang Bridge Health Intelligent Technology and Liuzhou Bierte Industrial Intelligent Technology, the solution provides highly accurate 3D modeling of bulk m

Liuzhou Steel Group Automates Bulk Material Handling with 3D LiDAR Solution from Quanergy

SUNNYVALE, Calif.--(BUSINESS WIRE)-- #130meterrange--Quanergy Systems, Inc., a leading provider of OPA-based solid state LiDAR sensors and smart 3D solutions for automotive and IoT, today announced the successful demonstration of its S3 Series LiDAR, a true solid state LiDAR sensor using an industry-first Optical Phased Array (OPA) technology and a scalable CMOS silicon manufacturing process for cost-effective, mass-market production. The demonstration was conducted in partnership with Santa Clara University's

Quanergy Further Extends the Range of Its OPA-Based Multi-Beam Solid State LiDAR to 130 Meter

SUNNYVALE, Calif.--(BUSINESS WIRE)-- #boardofdirector--Quanergy Systems, Inc., a leading provider of OPA-based solid state LiDAR sensors and smart 3D solutions for automotive and IoT, today announced the appointment of Karen Francis DeGolia as an independent board member. Karen is an experienced CEO, director and strategic advisor with a deep knowledge of corporate governance and a strong track record of successfully building companies and businesses across multiple industries. She is a visionary leader with stro

Quanergy Appoints Experienced Executive, Karen Francis DeGolia, to its Board of Directors

SUNNYVALE, Calif.--(BUSINESS WIRE)--Quanergy, a leading provider of OPA-based solid state LiDAR sensors and smart 3D solutions for automotive and IoT, will host a webcast to provide a transaction and business update on Tuesday, September 21, 2021, at 4:30 p.m. ET. The conference call will be accessible via webcast here, on the Quanergy investor relations page here, or on CCAC's investor relations website here. In June, Quanergy entered into a definitive merger agreement with CITIC Capital Acqui

Quanergy Hosts Transaction and 2021 Business Update Call

SUNNYVALE, Calif.--(BUSINESS WIRE)-- #AI--Quanergy Systems, Inc., a leading provider of OPA-based solid state LiDAR sensors and smart 3D solutions for automotive and IoT, today announced the first ever deployment of its smart LiDAR solution for the tourism and public leisure industry in one of the most famous tourist destinations in South Korea. Deployed at the Sinji Myeongsasimni Beach in Wando, South Korea, Quanergy's M-series LiDAR sensors paired with QORTEX DTC™ perception software has been insta

Quanergy Deploys First LiDAR People Counting Installation for Tourism in South Korea

SUNNYVALE, Calif.--(BUSINESS WIRE)-- #AoT--Quanergy Systems, Inc., a leading provider of OPA-based solid state LiDAR sensors and smart 3D solutions for automotive and IoT, today announced a partnership with industrial automation distributor Power Motion to deliver 2D and 3D LiDAR solutions for industrial automation throughout the South Central United States. Power Motion offers a broad portfolio of advanced industrial automation products from leading industry manufacturers. In addition, Power Motion S

Quanergy Expands Its Distribution of Industrial LiDAR Solutions with PowerMotion

SUNNYVALE, Calif.--(BUSINESS WIRE)-- #Automotive--Quanergy Systems, Inc., a leading provider of OPA-based solid state LiDAR sensors and smart 3D solutions for automotive and IoT, today announced the successful driving demonstration of its S3 Series LiDAR, a true solid state LiDAR sensor using an industry-first Optical Phased Array (OPA) technology and a scalable CMOS silicon manufacturing process for cost-effective, mass-market production. The demonstration was conducted in partnership with Zero Electric Veh

Quanergy Demonstrates the Industry First OPA-based Solid State LiDAR with 100 Meter Range

SUNNYVALE, Calif.--(BUSINESS WIRE)-- #AoT--Quanergy Systems, Inc., a leading provider of OPA-based solid state LiDAR sensors and smart 3D solutions for automotive and IoT, today announced a new smart LiDAR deployment automating waste plant operations, to ensure process efficiency and minimize the environmental impact of a waste-to-energy incineration plant in China. Deployed in collaboration with Hunan University, one of China's top engineering research universities, and Hunan Qiaokang Bridge Health I

Quanergy's 3D LiDAR Helps Waste Incineration Plant Optimize Recycling Process and Reduce Environmental Impact in China

The post Quanergy Is the Latest Auto Lidar SPAC appeared first on Millennial Money. There are high hopes for the automotive lidar industry as the broader auto sector continues driving towards autonomous vehicles (AVs). Many lidar startups are opting to go public by merging with special purpose acquisition companies (SPACs), a process that does not rely on historical financials and allows companies to offer rosy forecasts. The latest company

Quanergy Is the Latest Auto Lidar SPAC

Quanergy Systems Inc, a supplier of self-driving car technology, said on Tuesday it will go public through a merger with Chinese blank-check company CITIC Capital Acquisition Corp

Self-driving car tech firm Quanergy in China-backed SPAC deal to go public

Quanergy Systems, the Sunnyvale, California-based lidar company, said Tuesday it has agreed to merge with special purpose acquisition fund CITIC Capital Acquisition Corp., a Chinese blank-check firm affiliated with the country's largest state-owned investment conglomerate. The deal, which puts an implied valuation on Quanergy at $1.4 billion, is expected to close in the second half […]

Lidar company Quanergy to go public via $1.4B SPAC deal

LiDARcompany Quanergy is going public with a SPAC deal announced Tuesday. The SPAC Deal: Quanergy is merging with CITIC Capital Acquisition Corp (NYSE: CCAC) in a deal valuing the company at a pro forma equity value of $1.4 billion.

News for CITIC Capital Acquisition Corp Stock (CCAC)