Wednesday, May 23, 2012
   
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News on GIS, GNSS, spatial information, remote sensing,
mapping and surveying technologies for Asia – ASM

Countdown to a New GPS

In China's dynamic high technology industry dominated by young entrepreneurs in their 20s and 30s, 59-year-old Lu Jianguang might seem out of place. But he is involved in a business that perhaps only the more elderly can best understand - "selling time". As the president of Beijing Guozhiheng Power Management Technology, one of the first companies to provide a civilian service based on China's Beidou navigation system, Lu's job is to sell devices that can measure time to a nanosecond - one billionth of a second. By tracing and synchronizing time to such a precise level, Lu's products ensure the safety of many electricity power stations, telecom carriers and even financial institutions. Read More

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