OwlSpark | Rice University Startup Accelerator | TeamWise: WAVIoT
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TeamWise: WAVIoT

Earlier this week, we sat down with Artem Nadikta, Co-Founder and CIO of WAVIoT. Using a small device that fits in the palm of your hand, WAVIoT packages basic data into a handful of bytes and transmit it up to 30 miles using sub-gigahertz waves. Even more interesting, the device is powered by a single AAA battery, which will last up to ten years without replacement; pricing starts as low two dollars for a basic transceiver.

With a perennial interest in radio technology, Artem has been tinkering and building devices since high school. After graduating from the Moscow Institute of Physics and Technology, where he studied computer and information sciences, Artem founded a business while concurrently employed by several tech companies. Then, in March of 2016, he and co-founder, Marat Zaripov, launched WAVIoT. Working with a team of engineers back home in Russia, Artem and Marat manage the business side here in Houston.

WAVIoT is using their low-power, wide area network technology (LPWAN) in the growing Internet of Things world, where simple data transfer is vital for connecting and automating different devices and systems. Leveraging a technology that has been around for more than a century, WAVIoT can transfer large amounts of simple numerical data, making it easier for companies to aggregate and receive data from off-site equipment. For example, parking management and parking automation companies will be able to seamlessly manage in- and out-flow of traffic, efficient allocation of available parking spots, time management and payment tracking.

Prior to OwlSpark, WAVIoT had established a customer base in Russia, deploying their LPWAN technology in the residential utility industry. Ready to expand their customer base in other industries and countries, Artem and Marat applied for OwlSpark. After diving into the program, they quickly realized they were missing some key tools and practices for managing all aspects of their startup. “OwlSpark helps us to be more disciplined in our what we are doing.” Over the past few weeks, WAVIoT has been able to identify and shed inefficiencies, allowing them to focus their efforts on a specific, reachable market: large parking management companies.

Artem and Marat appreciate the amount of operational freedom they have by founding a startup. Unlike their previous jobs, they find it is neither boring nor repetitive. There is always new or different work to be done, with infinite opportunities to meet and network with professionals in various industries and areas of expertise.

Being in a startup gives you a wider and deeper understanding of the world around you, the business world and the social world.

Outside of OwlSpark, Artem enjoys playing with new technologies; especially radio-controlled ones. Using his two sons as an excuse to buy the latest tech, Artem is certainly an early adopter of new gadgets. He is also interested in photography and enjoys reading. He specifically enjoys biographies, and the stories of early 20th century physicists such as Einstein, Tsiolkovsky, and Tesla to learn about how they lived their lives and how they were able to change the world. If he could go back in time he would journey to the early 1900s and try to help society focus on developing technologies instead of expending resources on war.