Locomobi

LocoMobi World Inc. operates as a technology firm focused on the Smart City, parking, and transportation sectors, providing enterprise hardware and cloud-based software solutions. Founded in 2010 by Grant Furlane, the company emerged from a merger between QuickPay and Nautical Technologies. Furlane, a serial entrepreneur with over 40 years of experience in transportation technology, network security, and cloud computing, previously built three other transportation tech companies and served as President of the Canadian Parking Association. His extensive background in tracking and monitoring vehicle movement and developing integrated control systems for major facilities like airports and hospitals underpins LocoMobi's strategic direction.

The company's business model centers on manufacturing and delivering integrated systems that address urban congestion and vehicle management. Its core offering is the WorldStream Cloud Portal, a management system for transportation infrastructure that connects all hardware and software components. This platform enables clients such as municipalities, commercial and residential building managers, airports, and universities to manage parking, tolling, transit, and security from a central, real-time interface. Revenue is generated through the sale and implementation of its hardware, such as LPR cameras and payment kiosks, and recurring revenue from its cloud-based software services.

LocoMobi's key product is its advanced license plate recognition (LPR) system, which functions as the backbone for touchless access control, virtual permitting, and automated payment processing. The system identifies vehicles upon entry and exit, linking payments and access rights directly to the license plate, which enhances revenue security for facility operators. Beyond parking, the technology extends to asset tracking, fleet management, and security, offering features like dual authentication for truck cabs and trailers to prevent theft. The company also develops mobile applications like PassagePass, payment stations, smart barrier gates, and has expanded into robotics with its "Mobi" line for security and parking enforcement. The entire product suite leverages AI, using NVIDIA capabilities to analyze data for traffic management and predictive analytics.

Keywords: Smart City technology, parking management systems, license plate recognition (LPR), transportation technology, cloud-based software, vehicle access control, urban mobility, WorldStream Cloud Portal, Grant Furlane, parking revenue control, transit solutions, tolling systems, asset tracking, threat management, enterprise hardware, automated parking, mobile payment applications, intelligent transportation systems, fleet management, security robotics