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…Nikam. Vecna also collaborated with Quanergy Systems on the lidar technology used by the CPJ to enable mass-market adoption and democratize access to automation. “The time to democratize automation in material handling is now,” said Enzo Signore, chief marketing officer at Quanergy. “This technology has long been exclusive to early adopters or those in select industries with large budgets for…
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…AEye, Innoviz, Luminar Technologies, Ouster, Quanergy, and Velodyne Lidar. In the race to autonomous vehicles, such deals provide an injection of capital with the expectation of high valuations being validated by automaker demand. The definitive proxy statement and other relevant documents were mailed to Growth Capital’s stockholders of record as of the close of business on or about Jan. 25,…
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…noteworthy shutdowns include lidar provider Quanergy Systems in 2018 and autonomous truck developer Starsky Robotics in 2020. Also in 2020, Uber sold its Advanced Technologies Group (ATG) to Aurora Innovation, and Amazon acquired Zoox after it laid off 120 contractors. Last year, Lyft sold its self-driving division to Toyota, and delivery robot firm Nuro acquired self-driving trucking firm Ike. Waymo,…
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Quanergy Systems Inc. today announced the new M1 Edge 2D lidar sensors paired with its QORTEX Aware perception software. The company said M1 Edge is an integrated software and hardware product designed to automatically collect, analyze, and interpret point-cloud data for a wide variety of industrial applications without additional programming. “Lidar has become instrumental in increasing efficiency by solving tough…
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Quanergy Systems Inc. today said that it has successfully demonstrated its S3 Series lidar, a solid-state sensor with 100-meter range. The comany partnered with Zero Electric Vehicles Inc. for the driving demonstration. Sunnyvale, Calif.-based Quanergy claimed that it provides the only 100% solid-state complementary metal-oxide-semiconductor (CMOS) lidars built on optical phased array (OPA) technology to the automotive and Internet of…
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Quanergy Systems Inc., which provides solid-state lidar sensors, and CITIC Capital Acquisition Corp. today announced that they have entered into a definitive merger agreement that will result in Quanergy being listed on the New York Stock Exchange. Sunnyvale, Calif.-based Quanergy said it plans to use the $278 million in funding to continue its growth strategy, including accelerating research and development,…
Ultrasonic sensing enhances robotics perception
Cybernetix Ventures’ event kicks off Robotics Tech Week 2026 slate of events
Preview the manufacturing and warehouse components that will be on the…
Preview the manufacturing and warehouse robots and software that will be on…