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. Bern Grush LinkedIn profile Kamal Hassan LinkedIn profile Preet Khalsa LinkedIn profile 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) Skymeter's description of Financial-Grade GPS 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,Road pricing parking,Parking car sharing/renting/leasing,Sharing renting leasing usage-based vehicle insurance,Insurance fleet managementFleet management and emissions meteringEmissions metering 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.Final court approval of receivership The assets of Skymeter Corp were taken over by a new group led by Roger d'Hollander Roger d'Hollander LinkedIn profile and Bern Grush, Bern Grush LinkedIn profile called Applied Telemetrics Inc.
See also GNSS Road Pricing Electronic toll collection Location-based service
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External links
Invitation for offers to purchase the business of Skymeter Corporation (“Skymeter”) Archive of Skymeter homepage Article in the Toronto Star about Skymeter Interview on BNN TV with Skymeter CEO Article in GigaOm about Skymeter