Skymeter Explained

Skymeter Corporation
Type:Private
Foundation:October 2006
Founders:Bern Grush, Kamal Hassan, Preet Khalsa
Location:Toronto, Ontario, Canada
Industry:Location-Based Services
Homepage:www.skymetercorp.com

Skymeter was a location-based services company that provided GPS data for pricing and traffic-information-applications. Skymeter was co-founded by Bern Grush,[1] Kamal Hassan[2] and Preet Khalsa[3] and was headquartered at the MaRS Discovery District in Toronto, Ontario.[4]

Technology

Skymeter claimed to have developed a highly accurate and reliable GPS road-use meter using a liability-critical form of GPS technology they called "Financial-grade GPS" (FGPS)[5] to provide highly reliable charging results that ensure fairness to the user and evidentiary assurance for the toll operator. This is in contrast to conventional GPS, which tends to fail in urban areas due to the urban canyon effect. The company marketed their technology for use in road pricing,[6] parking,[7] car sharing/renting/leasing,[8] usage-based vehicle insurance,[9] fleet management[10] and emissions metering[11] applications.

Receivership of Skymeter Corp, December 2012

On November 23, 2012, a “Receivership Order” was made by the Ontario Superior Courtof Justice by the MaRS Investments Accelerator Fund, pursuant to Section 243(1) of the Bankruptcy and Insolvency Act. It was accepted on December 20, 2012.[12] The assets of Skymeter Corp were taken over by a new group led by Roger d'Hollander [13] and Bern Grush,[14] called Applied Telemetrics Inc.[15]

See also

External links

Notes and References

  1. Web site: Bern Grush - Canada | LinkedIn . 2014-01-03 . dead . https://archive.today/20140103182720/http://ca.linkedin.com/pub/bern-grush/0/120/1b5 . 2014-01-03 . Bern Grush LinkedIn profile
  2. http://www.linkedin.com/in/kamalhassan
  3. Web site: Preet Khalsa - Canada | LinkedIn . 2014-01-03 . dead . https://archive.today/20140103184038/http://ca.linkedin.com/in/preet . 2014-01-03 . Preet Khalsa LinkedIn profile
  4. News: Kicking Out the Jams. February 19, 2007. Toronto Star . Judy . Steed . May 23, 2010.
  5. https://web.archive.org/web/20110404053736/http://www.skymetercorp.com/technology/financial-grade-gps.html
  6. https://web.archive.org/web/20110101125441/http://www.skymetercorp.com/transport-sectors/roads.html Road pricing
  7. https://web.archive.org/web/20110130010858/http://www.skymetercorp.com/transport-sectors/parking.html Parking
  8. https://web.archive.org/web/20110202090441/http://www.skymetercorp.com/transport-sectors/leasing.html Sharing renting leasing
  9. https://web.archive.org/web/20110203065155/http://www.skymetercorp.com/transport-sectors/insurance.html Insurance
  10. https://web.archive.org/web/20110205023622/http://www.skymetercorp.com/transport-sectors/fleets.html Fleet management
  11. https://web.archive.org/web/20110202014515/http://www.skymetercorp.com/transport-sectors/emissions.html Emissions metering
  12. http://cdn2.hubspot.net/hub/43526/file-14088019-pdf/docs/skymeter_approval_and_vesting_order_dec_2012.pdf Final court approval of receivership
  13. Web site: Roger d'Hollander - Canada | LinkedIn . 2014-01-03 . dead . https://archive.today/20140103184041/http://ca.linkedin.com/pub/roger-d-hollander/1/983/107 . 2014-01-03 . Roger d'Hollander LinkedIn profile
  14. Web site: Bern Grush - Canada | LinkedIn . 2014-01-03 . dead . https://archive.today/20140103182720/http://ca.linkedin.com/pub/bern-grush/0/120/1b5 . 2014-01-03 . Bern Grush LinkedIn profile
  15. Web site: Applied Telemetrics website . 2014-01-03 . 2014-01-03 . https://web.archive.org/web/20140103201338/http://paybysky.com/about/ . dead .

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