AIRLINK 75.50 Increased By ▲ 1.00 (1.34%)
BOP 4.73 No Change ▼ 0.00 (0%)
CNERGY 4.18 Increased By ▲ 0.04 (0.97%)
DFML 40.12 Increased By ▲ 0.77 (1.96%)
DGKC 88.80 Increased By ▲ 3.90 (4.59%)
FCCL 22.99 Increased By ▲ 1.09 (4.98%)
FFBL 30.47 Increased By ▲ 0.26 (0.86%)
FFL 9.23 Decreased By ▼ -0.02 (-0.22%)
GGL 10.14 Decreased By ▼ -0.26 (-2.5%)
HASCOL 6.20 Decreased By ▼ -0.13 (-2.05%)
HBL 106.50 Decreased By ▼ -1.75 (-1.62%)
HUBC 140.10 Decreased By ▼ -0.15 (-0.11%)
HUMNL 10.59 Increased By ▲ 0.29 (2.82%)
KEL 4.77 Decreased By ▼ -0.03 (-0.63%)
KOSM 4.39 Decreased By ▼ -0.03 (-0.68%)
MLCF 38.40 Increased By ▲ 0.90 (2.4%)
OGDC 123.60 Decreased By ▼ -1.04 (-0.83%)
PAEL 24.62 Increased By ▲ 0.18 (0.74%)
PIBTL 6.10 Decreased By ▼ -0.10 (-1.61%)
PPL 114.30 Decreased By ▼ -2.10 (-1.8%)
PRL 24.06 Decreased By ▼ -0.54 (-2.2%)
PTC 13.05 Decreased By ▼ -0.08 (-0.61%)
SEARL 59.60 Increased By ▲ 3.61 (6.45%)
SNGP 61.80 Decreased By ▼ -1.18 (-1.87%)
SSGC 9.66 Decreased By ▼ -0.21 (-2.13%)
TELE 7.85 Decreased By ▼ -0.14 (-1.75%)
TPLP 10.07 Increased By ▲ 0.14 (1.41%)
TRG 65.20 Increased By ▲ 0.70 (1.09%)
UNITY 26.90 Increased By ▲ 0.24 (0.9%)
WTL 1.34 Increased By ▲ 0.02 (1.52%)
BR100 7,694 Decreased By -23.6 (-0.31%)
BR30 24,691 Decreased By -86.7 (-0.35%)
KSE100 73,754 Decreased By -108.9 (-0.15%)
KSE30 23,617 Decreased By -74.6 (-0.31%)

Quanergy Systems, Inc, a leading provider of LiDAR (Light Detection and Ranging) sensors and smart sensing solutions on July 8 announced that its proprietary LiDAR perimeter security system, QORTEX DTC(tm) (Detection, Tracking, Classification) Solution, will be used to protect a large scale security facility in South Korea. This installation, which includes the mass deployment of LiDAR sensors and software licenses, greatly expands Quanergy's leadership in the APAC region.
Korea is in the process of upgrading its security systems to include the latest innovations and technology advancements. Current camera-based systems and traditional perimeter intrusion prevention technology no longer provide the necessary awareness to protect critical security facilities. This particular facility will now be integrated with Quanergy's LiDAR-based QORTEX DTC(tm), which we believe would significantly improve the performance of surveillance systems.
QORTEX DTC(tm) is a highly intelligent and combined hardware and software platform solution consisting of Quanergy's M8 LiDAR sensor and QORTEX artificial intelligence perception software. Quanergy's patented M8 LiDAR sensor allows a complete 360-degree view in any light or weather condition, while the QORTEX software incorporates 3D perception algorithms to detect, track and classify objects based on the rich point cloud data received from the M8.
"We were tasked with providing an intelligent security solution that is reliable and with low false alarms to secure a highly sensitive facility," said Dr Louay Eldada, CEO and co-founder of Quanergy. "Quanergy's QORTEX DTC(tm) is a smart, fully automated and accurate solution that can substantially improve awareness to interpret the world around us."
For this installation, Quanergy is working with iCent, a system integrator, to deploy the technology and develop the necessary security solution that best fits the facility's needs. In addition to this project, Quanergy and iCent will continue to partner to bring Quanergy's innovative security solutions across South Korea.
"Quanergy's LiDAR-based security technology has enabled us to develop new intelligent applications with advanced surveillance capabilities," said Moon Won San, CEO of iCent. The installation at the security facility began in Q2 2019 and will be completed in several phases over the coming months.

Copyright Associated Press, 2019

Comments

Comments are closed.