Investing.com -- The Federal Communications Commission ( FCC (BME: FCC )) announced plans on Wednesday to vote next month on exploring alternatives to the Global Positioning System (GPS). The decision comes in the wake of raised national security concerns about the reliance on a single system that is vital to modern life.

GPS is a network of satellites and receiving devices used for positioning, navigation, and timing on Earth. It plays a crucial role in various sectors, including maritime, aviation, and automotive.

FCC Chair Brendan Carr voiced concerns about the heavy reliance on one system. "Continuing to rely so heavily on one system leaves us exposed," Carr said on Wednesday. He emphasized the need to develop redundant technologies to enhance the security and reliability of the positioning and navigation systems.

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