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. & NEW YORK--(BUSINESS WIRE)--Quanergy Systems, Inc. (“Quanergy”), a leading provider of next-generation solid state LiDAR sensors, and CITIC Capital Acquisition Corp. (NYSE: CCAC) (“CCAC”), announced today that they have entered into a definitive agreement, providing for a business combination that will result in Quanergy becoming a publicly-listed company. Quanergy is a leading provider of next-generation optical phased array (“OPA”) technology focused on the automotive and I

Quanergy to Publicly List Through a Business Combination With CITIC Capital Acquisition Corp. to Democratize Smart LiDAR Solutions for the Automotive and IoT Markets

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