Quanergy begins trading on the NYSE under Ticker "QNGY" tomorrow, February 9, 2022 Transaction Proceeds and Committed Funding of $175 Million Position Company for Continued Growth Quanergy Systems, Inc. (the "Company"), a leading provider of OPA-based solid state LiDAR sensors and smart 3D solutions for automotive and IoT, today announced the closing of its previously announced business combination with CITIC Capital Acquisition Corp. ("CCAC") (NYSE:CCAC), a publicly traded special purpose acquisition company. The transaction gives the Company access to approximately $175 million in available liquidity on top of its existing balance sheet, before transaction expenses and debt paydown, con

Achieved industry-first 200 meter OPA range milestone Exceeded 2021 revenue guidance; 32% sequential revenue growth from Q3 '21 Increased customer count to nearly 400 and global partners to over 50 Units shipped increased >50% from Q3 to Q4 ‘21 Average deal size expanded: 8 deals >$150k in Q4 ‘21 Expanded traction in industrial automation; initial customer wins in 2021 Headcount up >35% in 2021 Quanergy Systems, Inc. ("Quanergy" or the "Company"), a leading provider of OPA-based solid state LiDAR sensors and smart 3D solutions for automotive and IoT, today provided an update on the significant progress in its technological advancements and customer solutions since the announc

Quanergy Systems, Inc., a leading provider of OPA-based solid-state LiDAR sensors and smart 3D solutions for automotive and IoT, announced today it has appointed Kevin Amiri as the company's Senior Vice President, Operations. Amiri has more than 20 years of deep operational and manufacturing experience. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220118005563/en/Quanergy appoints Kevin Amiri as Sr. VP of Operations (Photo: Business Wire) Amiri will be based in Sunnyvale, California, in the heart of Silicon Valley, and will help lead Quanergy's efforts to build on its strong operational foundation to drive growth and further en

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 proposed business combination (the "Business Combination") with Quanergy, has been declared effective by the U.S. Securities and Exchange Commission ("SEC"). An extraordinary general meeting ("Extraordinary Meeting") to approve the Busine

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

Quanergy's 100% CMOS silicon solid state OPA technology is a game changer for the automotive and the industrial markets, designed for industry-leading performance, reliability and cost (CES) – 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 Optical Phased Array (OPA) technology out to a range of 200 meters. This doubles the range achieved earlier in the year and further expands the set of applications the technology can address through the S3 Series LiDAR, a true solid state sensor using an industry-first, scalable CMOS silicon manufacturing process for cos

Capital Commitment Provides a Strong and Flexible Funding Source to Support Quanergy's Future Growth 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 combination between Quanergy and CCAC. In June, Quanergy entered into a definitive merger agreement with CCAC. Upon closing of the transaction, the co

Mobile solution can be deployed anywhere to ensure security of remote sites Cost-effective, flexible security solution for sites with limited infrastructure 3D LiDAR provides extremely high accuracy and reduces false alarms by more than 95% 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. This press release features multimedia. View the full release here: https://www.businesswire.com/news/

NEW YORK, Nov. 17, 2021 /PRNewswire/ -- CITIC Capital Acquisition Corp. (NYSE:CCAC) ("CCAC" or the "Company") today provided an update on the timing of its extraordinary shareholder meeting in connection with its previously announced business combination (the "Business Combination") with Quanergy Systems, Inc. ("Quanergy"), which it previously expected to hold on November 18, 2021. CCAC announced that it believes it is at the final stage of resolving the comments of the staff of the U.S. Securities and Exchange Commission (the "SEC") on the registration statement on Form S-4 (as amended, the "Registration Statement") (File No. 333-257962) filed in connection with the Business Combination, an

M1 Edge smart solution offers 3x price/performance advantage vs incumbent solutions Ideal for collision avoidance and smart navigation for mobile robots, port automation and warehouse logistics applications 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. This press release features mul