Nwave Technologies

Wireless parking guidance is the field of Nwave Technologies, which designs sensors, gateways, signs and analytics that show drivers where free spaces are. The company describes its system as intelligent parking that can be installed without new cabling. It says the technology was developed by physicists and data scientists, rather than assembled from off-the-shelf parts.

Battery sensors that detect each space

Wireless, battery-powered sensors report whether each space is occupied. The company says they work indoors, outdoors and on rooftops, with vehicle detection accuracy of 99 percent or more from the first day. Two methods are available: a sensor for each space, or counting vehicles at the entrance of a facility. The company describes the batteries as lasting up to ten years, and says installation takes days because no cabling has to be retrofitted.

Gateway, signs and the data behind them

The long-range gateway carries live readings from the sensors to a central system, and it supports hundreds of spaces with minimal hardware. That data drives real-time RGB LED signs, which give turn-by-turn guidance to open clusters of spaces on every floor and section. Together the sensors, gateway and signs make up what the company calls its wireless parking guidance system.

Analytics for operators and facilities

The analytics dashboard shows live maps and historical reports on utilization and turnover. The company says operators can use these insights to set pricing that varies by demand. Its material claims that a facility can increase utilization by up to 10 percent and cut the time drivers spend searching by up to 60 percent. These are the company's own figures, presented as claims rather than independent results.

Who buys the system and why

Parking operators in cities, airports, healthcare sites, universities and large companies are the target customers, whether they charge per space or count vehicles. The company says that fewer drivers circling means less congestion, fewer exhaust emissions and less frustration. It presents its system as a contribution to eco-friendlier cities, and says its mission is to remove the stress of inefficient parking through affordable, data-driven guidance.