  Pulsars are natural cosmic clocks. On long timescales they rival the
precision of terrestrial atomic clocks. Using a technique called pulsar timing,
the exact measurement of pulse arrival times allows a number of applications,
ranging from testing theories of gravity to detecting gravitational waves. Also
an external reference system suitable for autonomous space navigation can be
defined by pulsars, using them as natural navigation beacons, not unlike the
use of GPS satellites for navigation on Earth. By comparing pulse arrival times
measured on-board a spacecraft with predicted pulse arrivals at a reference
location (e.g. the solar system barycenter), the spacecraft position can be
determined autonomously and with high accuracy everywhere in the solar system
and beyond. We describe the unique properties of pulsars that suggest that such
a navigation system will certainly have its application in future astronautics.
We also describe the on-going experiments to use the clock-like nature of
pulsars to "construct" a galactic-sized gravitational wave detector for
low-frequency (f_GW ~1E-9 - 1E-7 Hz) gravitational waves. We present the
current status and provide an outlook for the future.
