June 22, 2011

Report on LightSquared GPS Plan Shows Major Threat to U.S. Economy

The latest findings from the anti-LightSquared coalitions reveals that proposed Interference with GPS Poses Major Threat to U.S. Economy and get this, 3.3 Million U.S. Jobs and $96 Billion in Annual Direct Economic Benefits Are at Risk! The $96 billion figure is the total of up to $87.2 billion in costs to commercial GPS users and up to $8.8 billion in costs to commercial GPS manufacturers. The commercial benefits of GPS are largely enabled by high precision GPS technologies.
From the report… “The commercial stakes are high. The downstream industries that rely on professional and high precision GPS technology for their own business operations would face serious disruption to their operations should interference occur”
See details HERE

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