The University of Southampton has a long history of product development and innovation. From the creation of the world's first hovercraft to the development of GPS technology, Southampton has been at the forefront of new ideas and inventions. The university is home to a number of world-class research facilities, including the National Oceanography Centre and the Optoelectronics Research Centre. These centres allow Southampton to maintain its position as a leading institution for product development and innovation. In addition to its research excellence, the university also has a strong tradition of commercial success, with many spin-off companies being created by staff and students. The University of Southampton is therefore a place where new ideas can flourish and be turned into reality.