The Global Positioning System (GPS) is a satellite-based radio navigation system owned by the United States government that provides geolocation and time information to GPS receivers anywhere on Earth. GPS was invented during the Cold War and originally developed for the U.S. Department of Defense using 24 satellites at a cost of $12 billion. The original setup used 18 satellites placed in three orbital planes spaced 120 degrees apart, along with ground stations to receive satellite signals, and was designed for and implemented by the military in the early 1960s.