The homotopy limit problem and the cellular Picard group of Hermitian $K$-theory

Abstract: We use descent theoretic methods to solve the homotopy limit problem for Hermitian $K$-theory over quasi-compact and quasi-separated base schemes. As another application of these descent theoretic methods, we compute the cellular Picard group of 2-complete Hermitian $K$-theory over $\mathop{Spec}(\mathbb{C})$, showing that the only invertible cellular spectra are suspensions of the tensor unit.