Also used for targeting weapons, Global Positioning System satellites were launched by the military years before they were available to the general public in the 1990s.

The exact date is not known, but Cima estimates it must have been sometime in the 1970s.

The specific purpose, he said, was to provide the exact location of nuclear missiles that were constantly being moved around on submarines or planes. To compute proper trajectories, the exact location of both the target and the missile needs to be known.

Now, of course, GPS is used mostly by drivers not keen on reading maps, although the accuracy of the civilian version is still far below that of its military counterpart.

Last updated October 20 2011: 4:09 PM ET
Join the Conversation
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.