Skymeter

{{Short description |Defunct Canadian location technology company }}

{{Infobox company

| name = Skymeter Corporation

| logo =

| type = Private

| industry = Vehicle tracking

| founded = {{Start date and age|2006|10}}

| founders = Bern Grush, Kamal Hassan, Preet Khalsa

| defunct = {{End date|2012|11|23}}

| fate = Put into receivership

| successor = Applied Telemetrics Inc.

| hq_location_city = Toronto, Ontario

| hq_location_country = Canada

| key_people =

| products = Driver tracking information services

| num_employees =

| num_employees_year =

| website = {{URL|http://skymetercorp.com/}} {{webarchive |url=https://web.archive.org/web/20110202172757/http://skymetercorp.com/ |date=February 2, 2011}}

}}

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.{{cite web |url=http://ca.linkedin.com/pub/bern-grush/0/120/1b5 |title=Bern Grush - Canada | LinkedIn |accessdate=2014-01-03 |url-status=dead |archiveurl=https://archive.today/20140103182720/http://ca.linkedin.com/pub/bern-grush/0/120/1b5 |archivedate=2014-01-03 }} Bern Grush LinkedIn profile[http://www.linkedin.com/in/kamalhassan] Kamal Hassan LinkedIn profile{{cite web |url=http://ca.linkedin.com/in/preet |title=Preet Khalsa - Canada | LinkedIn |accessdate=2014-01-03 |url-status=dead |archiveurl=https://archive.today/20140103184038/http://ca.linkedin.com/in/preet |archivedate=2014-01-03 }} Preet Khalsa LinkedIn profile{{cite news|url=https://www.thestar.com/business/article/183136|title=Kicking Out the Jams|date=February 19, 2007|publisher=Toronto Star | first=Judy | last=Steed | accessdate=May 23, 2010}} 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)[https://web.archive.org/web/20110404053736/http://www.skymetercorp.com/technology/financial-grade-gps.html] 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,[https://web.archive.org/web/20110101125441/http://www.skymetercorp.com/transport-sectors/roads.html Road pricing] parking,[https://web.archive.org/web/20110130010858/http://www.skymetercorp.com/transport-sectors/parking.html Parking] car sharing/renting/leasing,[https://web.archive.org/web/20110202090441/http://www.skymetercorp.com/transport-sectors/leasing.html Sharing renting leasing] usage-based vehicle insurance,[https://web.archive.org/web/20110203065155/http://www.skymetercorp.com/transport-sectors/insurance.html Insurance] fleet management[https://web.archive.org/web/20110205023622/http://www.skymetercorp.com/transport-sectors/fleets.html Fleet management] and emissions metering[https://web.archive.org/web/20110202014515/http://www.skymetercorp.com/transport-sectors/emissions.html Emissions 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.[http://cdn2.hubspot.net/hub/43526/file-14088019-pdf/docs/skymeter_approval_and_vesting_order_dec_2012.pdf Final court approval of receivership] The assets of Skymeter Corp were taken over by a new group led by Roger d'Hollander {{cite web |url=http://ca.linkedin.com/pub/roger-d-hollander/1/983/107 |title=Roger d'Hollander - Canada | LinkedIn |accessdate=2014-01-03 |url-status=dead |archiveurl=https://archive.today/20140103184041/http://ca.linkedin.com/pub/roger-d-hollander/1/983/107 |archivedate=2014-01-03 }} Roger d'Hollander LinkedIn profile and Bern Grush,{{cite web |url=http://ca.linkedin.com/pub/bern-grush/0/120/1b5 |title=Bern Grush - Canada | LinkedIn |accessdate=2014-01-03 |url-status=dead |archiveurl=https://archive.today/20140103182720/http://ca.linkedin.com/pub/bern-grush/0/120/1b5 |archivedate=2014-01-03 }} Bern Grush LinkedIn profile called Applied Telemetrics Inc.{{Cite web |url=http://paybysky.com/about/ |title=Applied Telemetrics website |access-date=2014-01-03 |archive-date=2014-01-03 |archive-url=https://web.archive.org/web/20140103201338/http://paybysky.com/about/ |url-status=dead }}

See also

References

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