Quanergy Systems, Inc, the leading provider of solid state LiDAR sensors and smart sensing solutions, announced that it will begin production and delivery of its revolutionary S3 LiDAR system for numerous markets in 2017.
The S3 is the world's first and only automotive-grade solid state LiDAR system, and the clear industry leader in cost, capability, and reliability. The manufacturing and commercial availability of S3 marks a critical step in accelerating innovation in advanced driver assistance systems (ADAS) and autonomous vehicle (AV) systems. 80% of transportation accidents are potentially avoidable with the integration of affordable LiDAR sensor solutions. The commercial availability of S3 LiDAR will also advance application development in areas as diverse as industrial automation, robotics, drones, security, smart home, and Internet of Things (IoT).
Quanergy's leadership was recently recognised by a pre-eminent panel of independent industrial designers, independent engineers and members of the trade media, when it received the coveted 2017 CES Best of Innovation Award for the vehicle intelligence category. The company unveiled its vision for the S3 at CES in 2016. Over the course of 2016, the company has made strong progress in partnerships and product development.
The compact S3 sensor can be concealed into the body of any vehicle, ensuring uncompromised design aesthetics and aerodynamics. Its ability to perform dependable real-time 3D mapping and object detection, tracking and classification, enables autonomous driving.
The high cost and low reliability of LiDAR systems have been fundamental barriers to the adoption of self-driving vehicles, said Steve Beringhause, Executive Vice President and Chief Technology Officer, Sensata Technologies. Sensata is proud to partner with Quanergy to deliver a groundbreaking automotive-grade product that can enable the next age of transportation. The S3 system fits seamlessly into automotive architectures and we believe that it will be the clear industry leader in cost and reliability.
Quanergy demonstrated its award-winning sensor and 3D smart sensing solutions January 5-8 at the 2017 CES trade show in Booth 4138, located in the north hall of the Las Vegas Convention Centre.
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