Image via Wikipedia

United States of America is upgrading its GPS (Global Positioning System)  satellites in a bid to improve the accuracy of the technology and prevent outages.Their are currently 24 satellites and 30 new satellites are getting added 18 new satellites are being built by Boeing’s Space and Intelligence Systems and 12 by Lockheed Martin. The total budget is 8 Million US Dollar.

The system which guides ATM and Wall Street to time-stamp transactions, US drones to target Taliban hideouts, courier companies to track shipments, and ordinary people to find their missing pets, is getting the upgrade at Los Angeles Air Base at El Segundo according to the Los Angeles Times. It was at this air base that Bradford W. Parkinson and his team developed the world’s current GPS three decades ago.