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"The first thing that's wrong with being a science-fiction writer today is that the present has caught up with the future and surpassed it."
- Peter Watts

Space Buoy  
  A marker in space.  

...I saw that a little ahead of our own ship-dot there hung stationary on the chart another dot, one not of black but of red. I recognized it as one of the great space-buoys hung in space to mark the positions of the mighty ether-currents, these maelstroms had been marked for all space-navigators by placing near each a special spaceship, or buoy, which automatically and without crew kept its position, showing as a red dot on all space-charts to warn passing ships of the maelstrom's position.
From Crashing Suns, by Edmond Hamilton.
Published by Popular Fiction Publishing Co. in 1928
Additional resources -

Compare to the space beacon from George O. Smith's 1952 novel Troubled Star and the hyperspace beacon from Harry Harrison's 1959 short story The Repairman.

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Additional resources:
  More Ideas and Technology from Crashing Suns
  More Ideas and Technology by Edmond Hamilton
  Tech news articles related to Crashing Suns
  Tech news articles related to works by Edmond Hamilton

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