Markets Technology

Lidar Sensor for $100

As reported in the Wall Street Journal, Quanergy Systems Inc., of Sunnyvale, Calif., says it will offer a light detection and ranging sensor — or LIDAR — next year that costs only $250 and is the size of a credit card. In 2018, it is promising a postage stamp-sized sensor for $100 or less. It’s all made possible by a solid-state laser system, says Chief Executive Louay Eldada, whose PhD at Columbia University is the basis of the technology.

The Quanergy sensor won’t have spinning parts and Mr. Eldada says it will function in rain or snow. Sounds like flash to me.

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