Industry News

Demonstration of eLoran Timing at the New York Stock Exchange

The United States Department of Homeland, Science and Technology Directorate announced today the successful demonstration of Enhanced Loran (eLoran), a precision-timing technology for financial transactions at the New York Stock Exchange (NYSE).

Spectracom supported its technology partner, UrsaNav, in the demonstration of UTC synchronization to within 30 nanoseconds using the low-frequency, high power, ground-based radio navigation signal, that can be complementary to space-based GPS signals. A particular advantage of eLoran is its ability to be received indoors and in urban canyons.