GPS is a satellite-based navigation system consisting of 24 operational satellites owned by the US Department of Defense. It provides location and time information to GPS receivers anywhere in the world. The GPS satellites orbit Earth twice per day and transmit signal data that receivers use to calculate the user's position by determining the time delay of signals from multiple satellites. Factors like atmospheric conditions, clock drift and multipath can cause errors of 50-100 meters in positioning, which can be reduced to centimeters using techniques like differential correction.