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Global Positioning System

Developed for and managed by the United States military, GPS is a satellite navigation system. It consists of 24 satellites above the earth. They transmit radio signals to receivers placed on ships, trucks or other large assets that need to be tracked. The receivers compute longitude and latitude and velocity by calculating the difference in the time signals are received from four different satellites. Some companies are integrating RFID and GPS systems to track assets in transit.
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