It clips onto a pipe.
The pipe size doesn’t seem to be important (guessing needs to be calibrated).
All the examples that I have seen are copper (but could be calibrated).
It measures water flow.
That taken:
I can see two ways to go at this:
Both have a transmitter at one end of the unit and a sensor at the other end (a bit obvious, but it doesn’t need the pipe to be cut).
Both involve the Doppler Effect.
The first: (and not the way I think it’s done) is to transmit a continuous signal at and one end. Calculate any changes in frequency recieved at the other end as water flow. Far too much maths or external circuitry to be viable.
The second: “ping” the pipe with a single signal then detect the two different signals at the receiver.
The first will be transmitted through the copper at about 4600M/S.
The second through the water at about 1433M/S.
Assuming the transmitter is down stream, the greater the flow, the greater the difference in the time difference between the two “pings” being received.
Then some maths gives you the water flow.
As for the reporting:
Each item holds a different quantity of water.
Each item has a different flow rate.
If only one item is drawing water we can report it accurately.
If two items are drawing water, we can have a good guess.
At the end of the day who is going to check exactly what is reported and if you do & find it’s not accurate who is going to care?
The transmitter & sensor:
I would guess some type of piezoelectric in direct contact with the pipe for both.
Anyway just my random thoughts.
I saw the kickstarter, but I'd need at least 4 of them to really get the job done. That's just more than I'm willing to spend on convenience features.
I'd also like it for measuring my sprinkler system usage more accurately etc... I'll have to read up on the theory of it, I don't know much about measuring flow in a pipe.