GPS help for the night time sky. Bloomberg Boot Camp, a report on today's technology. Celestron…a company best known for making telescopes…won plenty of attention and awards at the International Consumer Electronics Show…for a new device called the SkyScout. It's a handheld scope with a built in GPS receiver and an LCD display on the side. Look at an object in the sky….press a button…and the display will tell you what you are looking at. Celestron's Jennifer Adams…

"Basically, there's two main functions…there's the identify and the locate functions. Identify is basically you look up at the sky, pick a bright star, and you just center it up in the viewfinder, and then you would hit the target button on the top of the unit. And you can get information about that star…scientific data. And if it's a popular object, there's actual audio you can listen to and text information that's pretty extensive, probably 30 to 40 seconds of audio about the object, like Mars for example. The voice would come on and say Mars is the fourth planet from the sun, named after the Roman God of war. It has a lot of history, information, folk lore."

You can also use the LCD display to find an object you're looking for. Then you look up…and arrows in the viewfinder will direct you to it in the sky. Celestron says the SkyScout should arrive in stores this spring for about four hundred dollars. Because of the built in GPS there's no set up necessary…the device knows where it is. Bloomberg Boot Camp, I'm Fred Fishkin.