An outage or loss of GPS satellites is estimated to cost the U.S. military and economy upward of $1 billion a day.
" vitally important to everything we do day-to-day, from the stock market, for timing of every transaction, to the crops we field," Lt. Col. Justin Deifel, leader of R-GPS at the Space Force's Space Systems Command, told CNBC. "We've started to see a huge push towards proliferation in higher orbits by the U.S. national security community," Astranis CEO John Gedmark told CNBC."Now the Department of Defense has recognized all of the fantastic things that we can do in high orbits with a next-generation small satellite approach."
"We knew pretty early on that this platform that we developed could be used for other missions than broadband telecommunications and the Resilient GPS program has just come along as a perfect example of that," Gedmark said.