| Founded | 2012 |
|---|---|
| Closed | 2022 |
| Country | USA |
| Sector | Hardware |
| Collapse type | Bankruptcy |
Quanergy Systems
"LiDAR pioneer filed for bankruptcy after the solid-state revolution it promised never arrived."
Key Events Timeline
Quanergy promised to disrupt autonomous vehicle sensor markets with cheap solid-state LiDAR at under $100 per unit, compared to thousands of dollars for mechanical spinning sensors.
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