Skymeter
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Skymeter
Skymeter was a 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. 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) 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, parking, car sharing/renting/leasing, usage-based vehicle insurance, fleet management and emissions metering applications. Receivership of Skymeter Corp, December 2012 On November 23, 2012, a “Receivership Order” was made by the Ontario Supe ...
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GNSS Road Pricing
GNSS road pricing or GNSS-based tolling is the charging of road users using Global Navigation Satellite System (GNSS) sensors inside vehicles. Road pricing using GNSS simplifies distance-based tolling for all types of roads in a tolled road network since it does not require the installation and operation of roadside infrastructure, such as tollbooths or microwave-based toll gantries. Instead, all vehicles required to pay the distance-based fees are equipped with an On Board Unit (OBU), in Singapore also known as an "In-vehicle Unit" (IU). GNSS-based electronic tolling is used to charge trucks above 3.5 tons for road usage on the entire national road network in European countries such as Germany, Slovakia, Hungary, Belgium, Russia, the Czech Republic, and in Bulgaria. Like the Czech Republic, Poland plans to replace its microwave-based tolling system with a GNSS-based solution in 2021. Satellite-based technology can generate greater toll revenue and eliminate the problem of conge ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Bern Grush
german: Berner(in)french: Bernois(e) it, bernese , neighboring_municipalities = Bremgarten bei Bern, Frauenkappelen, Ittigen, Kirchlindach, Köniz, Mühleberg, Muri bei Bern, Neuenegg, Ostermundigen, Wohlen bei Bern, Zollikofen , website = www.bern.ch Bern () or Berne; in other Swiss languages, gsw, Bärn ; frp, Bèrna ; it, Berna ; rm, Berna is the ''de facto'' capital of Switzerland, referred to as the " federal city" (in german: Bundesstadt, link=no, french: ville fédérale, link=no, it, città federale, link=no, and rm, citad federala, link=no). According to the Swiss constitution, the Swiss Confederation intentionally has no "capital", but Bern has governmental institutions such as the Federal Assembly and Federal Council. However, the Federal Supreme Court is in Lausanne, the Federal Criminal Court is in Bellinzona and the Federal Administrative Court and the Federal Patent Court are in St. Gallen, exemplifying the federal nature of the Confedera ...
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