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This is effectively restating what Animats said. Quanergy has not shipped.
by argonaut 10y ago
This is effectively restating what Animats said. Quanergy has not shipped.
- omarchowdhury 10y agoNo, it's providing further information that Quanergy is in a position to ship and has given a very near timeline to deliver.
- Animats 10y agoA very past timeline: November 17, 2015 09:00 AM Pacific Standard Time SUNNYVALE, Calif.--(BUSINESS WIRE) * Quanergy Systems, Inc., will introduce in early 2016 the world’s first solid state LiDAR (Light Detection and Ranging) sensor for self-driving cars for less than $1,000 per car, it was announced today at the Los Angeles Auto Show’s Connected Car Expo.* They're already six months late. The press releases keep coming out, and the hype continues, but where's the hardware? American Scientific Concepts has working units which do what Quanergy claims to do and more, but they seem content to sell them to DoD and Space-X at a high price.
- jhayward 10y ago"Quanergy’s LiDAR sensors are being used by five automakers that are developing automated vehicles." That sounds like shipping to me. You don't ramp up volume production as an automotive supplier until your customers are ready. Naming Flex and Sensata/TI as manufacturers is a fairly specific and strong indicator that they are ramping, unless you're suggesting securities fraud?