Light sources on the tracked object have position determined by multiple cameras.

 

Elements

Markers     
  Passive
    Reflective markers shine when strobes hit
  Active
    Markers flashing LED lights (in sequence)
         
Camera Lights  
  Passive
    Illuminates performance area with strobe lights
  Active
    low or normal lighting
         
Cameras     2D frames with position of marker from its view
Computer/Software     Interpret the views and positions into 3D space

Vicon MX20+ (2 mega pixel) camera

Pros and Cons of Optical Systems
 
Pros   Cons
Accurate and fast (.2mm and up to 10,000 fps)   Ideally needs dedicated space
Not affected by metal   Not available for portable rental
No electromagnets   Longer calibration times
IR   Occlusion problems
Mature technology   Lines of sight required
Flexible placement of markers   3dof natively ? positional only, additional triangulated sensors required for 6dof
Flexibility in using props   Can be expensive (active usually cheaper)
      Markers need to be reapplied each session
      Active units may be bulky