Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

Iridium launches timing, location service as GPS back-up

Published 05/23/2016, 08:14 AM
Updated 05/23/2016, 08:20 AM
© Reuters.  Iridium launches timing, location service as GPS back-up
IRDM
-

WASHINGTON (Reuters) - U.S. firm Iridium Communications Inc (O:IRDM) on Monday said its Satellite Time and Location (STL) system was ready for use as an alterative or companion to the U.S. Air Force's Global Positioning System (GPS) satellites.

Iridium developed the new STL system with Satelles, a private firm, to deliver signals using Iridium's 66 low-earth satellites, making it less vulnerable than ground-based terminals used for GPS services.

The Virginia-based company said the STL system gives users access to accurate position, navigation and timing technology using inexpensive chips that work anywhere on earth, providing an alternative to GPS and a way to verify GPS signals.

"STL can help solve an important and growing problem for governments and businesses, and serve as a platform for continued innovation," Matt Desch, chief executive of Iridium, said in a statement.

Satelles provides technology and services to companies that are using the new capability to protect assets, authenticate users and carry out other functions reliant on GPS time and location.

GPS jamming, "spoofing" and other attacks in recent years have prompted the U.S. military and other users to look for ways to augment and authenticate GPS signals.

South Korea, for instance, told the United Nations Security Council last month that North Korea has been jamming its GPS signals since March 31, threatening the safety of civilian aircraft and vessels and violating international agreements.

Desch said the new technology used chips that were the size of a postage stamp, and could ultimately be integrated into other devices, heavy machinery, automobiles and the power grid.

The STL system transmits signals through Iridium's satellite constellation to deliver a unique code to each position on the ground that can be independently authenticated.

Iridium and Satelles said the new system had been demonstrated in military, academic and commercial applications, but gave no specific details.

Desch told Reuters in March that at least 20 military and government agencies and private companies had expressed interest in STL.

Iridium gave no immediate details on any launch customers for the new service.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.