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Is Indoor GPS on the Way? Here's What It Means for Investors


Global positioning systems are used for more than driving directions. Industries from aviation to shipping to social media rely on this constantly improving technology, yet the tech has always been plagued with limitations.

The weakness of GPS has always been its indoor use: Accuracy is greatly lessened compared to the outside. That's no longer the case thanks to experimental technology developed by researchers at MIT's Computer Science and Artificial Intelligence Lab.

The team discovered a way for multiple Wi-Fi-enabled devices to communicate with remarkable accuracy. Named Chronos...