Future of Mapping and Navigation

13 Nov 2014 7:20 AM | Anonymous member (Administrator)


Led by Dr. Louay Eldada (below), Quanergy develops and markets smart sensing solutions for real-time 3D mapping and object detection, tracking, and identification (LiDAR). In the automotive space, its affordable LiDAR sensors enable broad deployment of advanced driver assistance systems (ADAS) and autonomous driving systems – 80% of transportation accidents are avoidable with this technology, and Quanergy is bringing it to the masses.

 

https://pbs.twimg.com/media/BupwV7_CEAAtDU8.jpg

Visualization of 3D mapping, hosted on the cloud with cm-accuracy

 

Quanergy is an embodiment of the spirit of Silicon Valley. From a small startup in a home garage, the Company raised $4.5 million in seed funding earlier this year. Within six months, it secured its first contract with Mercedes Benz, followed by two additional agreements with leading auto manufacturers in Europe and Asia. The team and technology are stellar. This led us, together with the co-founders of Tesla Motors, to commit an additional $30 million financing to help accelerate its growth.

 

Quanergy solutions are applicable to numerous sectors including mapping, security, aeronautics, and industrial automation for improved safety, efficiency and performance. Key markets include passenger and military vehicles, commercial and municipal fleets, logistics and distribution centers, space management automation, robotics, surveying, construction, archaeology, geology, unmanned aerial vehicles (UAVs), wind turbine preservation and inspection, border protection, and disaster relief.

 

The Company is open to pursue joint venture and collaborative opportunities, so please do not hesitate to reach out with ideas and suggestions.

 


© 2012-2016, LebNet. All rights reserved. Address: 205 De Anza Blvd., #72, San Mateo, CA 94402, USA. +1.650.539.3536 (Privacy)    

Powered by Wild Apricot Membership Software