Langbahn Team – Weltmeisterschaft

Skymeter

Skymeter Corporation
Company typePrivate
IndustryVehicle tracking
FoundedOctober 2006; 18 years ago (2006-10)
FoundersBern Grush, Kamal Hassan, Preet Khalsa
DefunctNovember 23, 2012 (2012-11-23)
FatePut into receivership
SuccessorApplied Telemetrics Inc.
Headquarters,
ProductsDriver tracking information services
Websiteskymetercorp.com Archived February 2, 2011, at the Wayback Machine

Skymeter was a Canadian location-based services company that provided GPS data for pricing and traffic-information-applications. Skymeter was co-founded by Bern Grush, Kamal Hassan and Preet Khalsa and was headquartered at the MaRS Discovery District in Toronto, Ontario.[1][2][3][4] The company went into receivership in 2012.

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 - Canada | LinkedIn". Archived from the original on 2014-01-03. Retrieved 2014-01-03. Bern Grush LinkedIn profile
  2. ^ [1] Kamal Hassan LinkedIn profile
  3. ^ "Preet Khalsa - Canada | LinkedIn". Archived from the original on 2014-01-03. Retrieved 2014-01-03. Preet Khalsa LinkedIn profile
  4. ^ Steed, Judy (February 19, 2007). "Kicking Out the Jams". Toronto Star. Retrieved May 23, 2010.
  5. ^ [2] 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 - Canada | LinkedIn". Archived from the original on 2014-01-03. Retrieved 2014-01-03. Roger d'Hollander LinkedIn profile
  14. ^ "Bern Grush - Canada | LinkedIn". Archived from the original on 2014-01-03. Retrieved 2014-01-03. Bern Grush LinkedIn profile
  15. ^ "Applied Telemetrics website". Archived from the original on 2014-01-03. Retrieved 2014-01-03.