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MPS Helps Two Massachusetts Cities Reduce Illegal Parking at Bus Stops ahead of MBTA Enforcement
Prnewswire· 2025-12-19 03:54
During the initial 67-day pilot, the devices recorded 469 violations, an average of seven per day, at a single bus stop. The pilot was featured in The Boston Globe's 2023 coverage (BostonGlobe.com). Somerville now has 25 SafetySticks in service. At one stop, violations fell from 68 in June to 14 in September. Lynn: Following the Beacon In Lynn, Jessica Chiappini, parking director for the city, launched a SafetyStick deployment roughly a year behind Somerville. The city is seeing similar results. In November ...
SoftBank-backed Metropolis raises $1.6 bln to expand beyond AI-powered parking lots
Reuters· 2025-11-06 12:14
Core Insights - Metropolis Technologies, a U.S. operator of parking lots, has successfully raised $1.6 billion in new capital to enhance its technology that utilizes artificial intelligence and computer vision for vehicle recognition [1] Company Summary - The company focuses on leveraging advanced technologies to improve parking lot operations and vehicle management [1] - The fresh capital will be used to extend the company's technological capabilities and expand its market presence [1] Industry Summary - The parking technology industry is increasingly integrating artificial intelligence and computer vision to optimize operations and enhance user experience [1] - The significant capital influx indicates strong investor confidence in the growth potential of technology-driven solutions within the parking sector [1]