First LiDAR People Counting for Tourism in South Korea

Quanergy Deploys First LiDAR People Counting Installation for Tourism in South Korea

•     New LiDAR-based People Counting Solution to optimize beach operations and keep tourists safe at Sinji Myeongsasimni Beach in Wando, South Korea.

·         Smart 3D LiDAR solution provides superior accuracy and real-time IoT data and insights to tourism industry, replacing previous camera-based system.

·         Data collection using LiDAR protects individual privacy with zero PII risk.

·         24/7 monitoring in any environmental condition prevents accidents.

Sunnyvale, CA  – August 10, 2021 — Quanergy Systems, Inc., a leading provider of OPA-based solid state LiDAR sensors and smart 3D solutions for automotive and IoT, today announced the first ever deployment of its smart LiDAR solution for the tourism and public leisure industry in one of the most famous tourist destinations in South Korea.

Deployed at the Sinji Myeongsasimni Beach in Wando, South Korea, Quanergy’s M-series LiDAR sensors paired with QORTEX DTC™ perception software has been installed at major entry points of its famous beach. Featuring an extended 200-meter range, each LiDAR sensor is installed to track a radius of 70 meters at each entry point, providing complete monitoring for the entire 4-kilometer area.  The LiDAR sensors are then integrated with the iSaver analytics platform from iCent, which allows users to easily visualize and interpret collected data on an intuitive dashboard.  The rich 3D data and insights collected from the LiDARs provide an accurate count of beach visitors to drive its tourism strategy and budget planning.

“The LiDAR solution replaced a camera-based system that did not provide the accuracy and granularity made possible with LiDAR-based people counting,” said Gil-Soo Seo, Tourism Division Manager at Wando City. “This new installation helped us eliminate the previous camera-based data collection errors and gather real-time data and new insights systematically to optimize beach operations and keep our tourists safe.” “We are eager to expand this IoT LiDAR solution to optimize other tourist attractions in Korea.”

LiDAR enables additional capabilities that the previous camera-based solution could not. It protects individual privacy by providing complete anonymous people tracking as it does not capture or store any personally identifying information (PII).  Furthermore, the solution provides more reliable accident prevention for the beach with 24/7 monitoring in any lighting or weather condition. The LiDAR sensors track and monitor people entering the area after normal operating hours when no lifeguard is present and trigger the control center to intervene to prevent accidents.

“We’re excited to be part of the first installation of LiDAR technology in one of the most famous tourist destinations in South Korea,” said Enzo Signore, CMO at Quanergy, “This is just one example of the power and versatility of 3D LiDAR-leveraging real-time IoT data and advanced 3D insights to transform the operations of any industry while improving people’s experience and safety.”

For more information, visit www.quanergy.com

In June, Quanergy entered into a definitive merger agreement with CITIC Capital Acquisition Corp. (NYSE: CCAC) (“CCAC”).  Upon closing of the transaction, the combined company will be named Quanergy Systems, Inc. and is expected to be listed on the New York Stock Exchange (NYSE) under the ticker symbol “QNGY.” The transaction is expected to close in the fourth quarter of 2021, subject to satisfaction of customary closing conditions.

About Quanergy Systems, Inc.

Quanergy Systems’ mission is to create powerful, affordable smart LiDAR solutions for automotive and IoT applications to enhance people’s experiences and safety. Quanergy has developed the only true 100% solid state CMOS LiDAR sensor built on optical phased array (OPA) technology to enable the mass production of low-cost, highly reliable 3D LiDAR solutions. Through Quanergy’s smart LiDAR solutions, businesses can now leverage real-time, advanced 3D insights to transform their operations in a variety of industries including industrial automation, physical security, smart cities, smart spaces, and much more.  Quanergy solutions are deployed by over 350 customers across the globe.  For more information, please visit us at www.quanergy.com.

Media Contact

Media@quanergy.com

Investor Relations

QuanergyIR@icrinc.com 

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