In a world where urbanization and technological innovation are on the rise, South Korean startup VEStellaLab has emerged as a trailblazer in the field of non-GPS navigation solutions. Founded in 2018, VEStellaLab has made significant strides in developing cutting-edge technologies that cater to smart city infrastructure and the burgeoning realm of autonomous driving. At the heart of their innovations lies “Watchmile,” a revolutionary indoor parking navigation system designed to address a pressing challenge: guiding drivers and autonomous vehicles in complex indoor environments, parking lot.
VEStellaLab’s expertise lies in parking solutions that are based on indoor precise positioning and precise digital map creating technologies. Watchmile is at the forefront of their pioneering efforts. This service is engineered to guide vehicles to available parking spaces in real-time within indoor parking lots, solving a problem that has long plagued drivers, especially in crowded urban areas.
Watchmile: Non-GPS Parking Navigation System
So, how does Watchmile work? It leverages a combination of sophisticated technologies, including Vision AI which uses closed-circuit cameras (CCTVs), DB Standardise that analize IoT-sensors, smartphone gyro sensors, etc.. These components work in synergy to pinpoint the exact location of the driver within the indoor environment.
What sets Watchmile apart is its utilization of Vision AI, which analyses real-time data recognize the current status of parking spaces utilizing the existing CCTV infra to swiftly identify and display empty parking spaces. Furthermore, the system’s adaptability shines as it can optimize the parking space search based on individual driver preferences.
Once parking preferences are selected, When the driver completes parking, Watchmile provides valuable information for drivers and autonomous driving cars.
The impact of Watchmile is profound, reducing drivers’ parking times by 70% maximum. This not only enhances convenience for drivers but also contributes significantly to lowering fuel consumption and reducing exhaust gas emissions. In essence, VEStellaLab’s solution is a win-win, benefiting both drivers and the environment.
The application of VEStellaLab’s technology extends far and wide. It is currently employed at notable locations such as Incheon International Airport, Lotte Department Store (including theme park, hotel, mart), Seoul Station, Cheonho Station Public Parking Lot, KINTEX, the largest convention center in Korea, Hoban Construction’s large-scale apartments and buildings, etc.. Its versatility in catering to diverse environments is a testament to its potential to revolutionize parking systems in various settings, from airports to shopping centers.
VEStellaLab has set its sights on further horizons for entering and expanding to global market, where it aims to introduce its innovative solutions for urban cities, for example airport, shopping malls, and other large-scale buildings in metropolitan cities. Beyond the realm of automotive technology, VEStellaLab envisions expanding its expertise into autonomous robot and smart logistics, hinting at a promising future filled with cutting-edge innovations that go beyond parking navigation solutions.
ZeroCruising: Enhancing Autonomous Driving Safety with V2I Technology
One of VEStellaLab’s noteworthy achievements is the development of a Vehicle-to-Infrastructure (V2I) Technology and the solution called “ZeroCruising”. This solution plays a pivotal role in enhancing the safety of autonomous vehicle’s driving. Plus, the solution provides real-time safety information to autonomous vehicles, offering precise data on vehicle locations and optimal routes for the vehicle.
Importantly, it promptly alerts potential dangers lurking in blind spots to drivers and autnommous cars for ensuring the safety of autonomous driving and pedestrians alike.
VEStellaLab’s partnership with the Ministry of Investment of Saudi Arabia, announced on March 14th, 2023, marks a significant step in their expansion journey, it is just one facet of their overarching vision. This collaboration aligns with their mission to establish smart parking infrastructure related to smart city projects in the Middle East, starting from Saudi Arabia. Their collaboration would attract local investment and contribute to the growth of VEStellaLab.
In conclusion, VEStellaLab stands at the forefront of technological innovation, reshaping the landscape of indoor navigation and smart city solutions. As the world increasingly adopts smart city infrastructure and autonomous driving, VEStellaLab’s breakthroughs promise to play a pivotal role in defining the future of urban cities and mobility. With their visionary approach, the company continues to captivate audiences not only in South Korea but also on the global stage, offering innovative solutions that will shape our cities for years to come.
- Korean Startup ZEROONE.AI Revolutionizes Medical Decision-Making with Advanced AI Technology
- Shukran Korea Targets Middle East Market Expansion with AI-Powered Halal Assurance Solution
- A-Life Corp. Nurturing a Sustainable Food Future with Plant-Based Meat: VEGRAIN
- Outstandards’ Military-Grade Power Bank for Smart Devices to Keep Military and Outdoor Enthusiasts Powered Up