Headlines: Space Bill Addresses PNT; DHS Demonstrates Precision Timing Technology at NYSE
Information for Policymakers from the National Coordination Office for Space-Based Positioning, Navigation, and Timing (PNT)
May 3, 2016
Space Bill Addresses PNT
On April 14, Rep. Jim Bridenstine (R-OK) introduced the American Space Renaissance Act.
Section 103 of the bill is titled "Positioning, Navigation, and Timing." According to the Congressman, the provision "Expresses a sense of Congress on the importance of positioning, navigation, and timing (PNT) for national security and economic prosperity. Requires the Secretary of Defense to provide a strategy to ensure DOD PNT leverages the best available signals from alternative PNT systems. The strategy will address issues associated with monitoring and verifying accuracy, integrity, availability, security, and reliability of foreign PNT signals."
Section 104 cites the National Executive Committee for Space-Based PNT as a model for establishing a new National Executive Committee on Weather.
DHS Demonstrates Precision Timing Technology at NYSE
On April 20, DHS announced the successful demonstration of Enhanced LORAN (eLoran), a precision timing technology, for financial transactions at the New York Stock Exchange (NYSE). Recognizing the challenges of space-based signals and the importance of having multiple timing sources, eLoran is one technology being considered to provide a complementary timing solution to existing GPS technology.
Precise and synchronized timing of financial transactions is critical to markets worldwide and is mandated by regulation in the European Union and is increasingly required in the United States. Today, precision timing capabilities are provided primarily by GPS. However, GPS's space-based signals are low-power and susceptible to possible disruptions. GPS signals are also difficult to receive indoors and in urban canyons.
The live demonstration at the NYSE was hosted by Juniper Networks, Harris Corporation, and UrsaNav, under a cooperative agreement with DHS. Over 60 industry and government representatives attended, including senior officials from DHS, DOT, DOD, Treasury, and DOE. The ensuing discussion highlighted the over-reliance upon GPS for precise timing, the threat of a loss of civil GPS services, possible impacts to the U.S. critical infrastructure and the economy, and a common interest in developing resilient timing solutions for our nation's critical infrastructure.
This newsletter is produced and distributed by the National Coordination Office for Space-Based PNT, a central resource within the government for GPS policy information. For more information, visit www.gps.gov/congress.
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