Quanergy claims multi-million dollar order from Prime Secured

Quanergy
Quanergy-claims-multi-million-dollar-order-from-Prime-Secured

Quanergy Systems, Inc., (NYSE:QNGY) a leading provider of LiDAR sensors and smart 3D solutions, announced today that Prime Secured will use Quanergy’s products and software to provide its customers with greater physical security and flow management capabilities.

Nebraska-based Prime Secured works with customers across sectors including education, the financial sector, municipalities, retail and more. As the company looks to expand into new industries such as gaming, Prime Secured has placed a multi-million dollar order with Quanergy that will begin with a deployment at a major casino.

The gaming facility sought a fully automated, more efficient and more productive physical protection platform. They also wanted deeper intelligence into how traffic was flowing through its properties. To meet this customer need, Prime Secured is working with Quanergy to integrate our technology into a fully managed solution. Using Quanergy’s MQ-8™ 3D LiDAR sensors and QORTEX DTC™, Prime Secured will be able to provide enhanced surveillance and access control solutions and better solve business challenges like traffic flow and situational awareness.

This deployment of the Prime Secured and Quanergy solution paves the way for additional deployments to more customers, offering increased functionality and capability for security and traffic flow management.

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Jamie Bumgardner, CEO, Prime Secured, said: “We’ve been very impressed with the performance of Quanergy’s products and solutions – and the wide array of applications. With Quanergy’s technology, we’re able to provide our customers in the gaming space with an analytics platform that gives them deeper insight into activity at their facilities.”

Brad Sherrard, chief revenue officer, Quanergy Systems, Inc., said: “Prime Secured is a trusted partner of ours. We work with them on a number of customized deployments that use our LiDAR sensors and QORTEX perception software. This marks a significant, multi-million dollar deal that will enable us to improve flow management and physical security with deeper insight and analytics. The gaming facility deployment paves the way for future deployments of this joint solution.”

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