Smart Parking (ASX:SPZ) has made the first sale of its new radio frequency identification technology to Westminster City Council in London.
The company will supply the council with its RFID tag solution to better manage both disabled and residents parking bays.
These allow efficient and precise management of parking spaces within a defined area through the interaction between an RFID tag located on the relevant vehicle and the company’s in-ground parking sensor.
It is a cashless, wireless, web based solution which has potential application for all permit parking environments including resident on-street parking as well as for corporate campuses, airports, hospitals, government and universities.
Smart Parking had previously installed in 2014 about 3,000 parking sensors in Westminister as the first phase of a two phase 10,000 parking sensor project.
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News: Smart Parking has first sale of new tag solution
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