Lockheed Martin's [LMT] Savi Technology unit has introduced a tracking device that can switch from satellite or terrestrial wireless systems to continuously monitor the location and condition of shipments anywhere at anytime. The Portable In-Transit Tracking Unit (PITU) device is about the size of a digital video recorder and connects communications among RFID devices, GPS location and SatCom systems, global cellular networks and sensors that detect environmental and security changes. Savi says that PITU has been developed over the past…
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