Quanergy Systems has appointed Kevin Kennedy to its board of directors to help identify new business development opportunities.

The automotive industry remains a key vertical for the company and the past year also saw large advancements across various industries, particularly within the security and industrial automation sectors.

“As the Lidar technology reaches new thresholds, Quanergy is committed to continually adding established industry professionals to our team to guide the company through these critical stages,” said Quanergy CEO and co-founder, Louay Eldada.

“Kevin’s expertise on our board will not only give Quanergy an advantage when it comes to strategy execution but also sharpen our overall business development methodologies.”

Kennedy is currently senior managing director at Blue Ridge Partners.

“This is a pivotal time to join a company within the Lidar industry, as the space is experiencing continued expansion,” added Kennedy.

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“Quanergy is a forward-thinking innovative company that has seen the immense possibilities of Lidar from the beginning and is set to push the numerous industries that can utilise the technology to realise its full potential.”