Skymeter

Skymeter Corporation
Private
Industry Location-Based Services
Founded October 2006
Founders Bern Grush, Kamal Hassan, Preet Khalsa
Headquarters Toronto, Ontario, Canada
Website 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 Court of 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

References

  1. ↑ Bern Grush LinkedIn profile
  2. ↑ Kamal Hassan LinkedIn profile
  3. ↑ Preet Khalsa LinkedIn profile
  4. ↑ Steed, Judy (February 19, 2007). "Kicking Out the Jams". Toronto Star. Retrieved May 23, 2010.
  5. ↑ Skymeter's description of Financial-Grade GPS
  6. ↑ Road pricing
  7. ↑ Parking
  8. ↑ Sharing renting leasing
  9. ↑ Insurance
  10. ↑ Fleet management
  11. ↑ Emissions metering
  12. ↑ Final court approval of receivership
  13. ↑ Roger d'Hollander LinkedIn profile
  14. ↑ Bern Grush LinkedIn profile
  15. ↑ Applied Telemetrics website
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