A system of satellites and ground stations that provide GPS signal corrections for better position accuracy. A WAAS-capable receiver can give you a position accuracy of better than three meters, 95 percent of the time. (At this time, the system is still in the development stage and is not fully operational.) WAAS consists of approximately 25 ground reference stations positioned across the United States that monitor GPS satellite data. Two master stations, located on either coast, collect data from the reference stations and create a GPS correction message.