Losing GPS could cost billions, so the Space Force is having companies like Astranis build a backup network
Publishing timestamp: 2024-11-01 14:00:01
Summary
The U.S. Space Force is launching a new $2 billion satellite program called R-GPS to build a backup GPS system due to the estimated $1 billion daily cost of a GPS outage. Startup Astranis, along with three other companies, has been selected for the program, marking its expansion beyond satellite internet. Astranis is introducing a new line of Nexus satellites for the R-GPS program, which aims to provide an alternative network for the current GPS system.
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Keywords: technology, business news, united states, breaking news: technology, environment, transportation, science, business, space industry, the edge, breaking news: business, aerospace and defense industry, l3harris technologies inc,
Source: https://www.cnbc.com/2024/11/01/space-force-alternative-gps-network-astranis.html