New submitter jpwilliams writes "Gizmag reports that researchers at Sandia National Laboratories have tested a 10-centimeter bullet that can be fired from a smooth-bore rifle to hit a laser-marked target one mile away. The bullet 'includes an optical sensor in the nose to detect a laser beam on a target. The sensor sends information to guidance and control electronics that use an algorithm in an eight-bit central processing unit to command electromagnetic actuators. These actuators steer tiny fins that guide the bullet to the target.' Interestingly, accuracy improves with targets that are further away, because 'the bullet's motions settle the longer it is in flight.'"