Abstract: This invention provides a novel solution for an arrow optimized for in flight and post flight tracking. The arrow comprises a module that is placed inside the arrow's shaft. The module includes several components including a position-locating device, a two-way communication device, a power source, a sound-emitting device, and a light control device. The arrow also includes lights installed on the outside of the shaft and in the nock. Finally, a software application is installed on a mobile device, wherein the software application is designed to enable communication with the two-way communication device inside of the arrow, control the light and sound emitting controllers, and to track the arrow while the arrow is in flight and after it lands.