IIRC all devices would update according to firmware, so I believe it’s 30 minute updates. You can change that to much faster timeframes before chirps are sent out, but that will begin to drain battery life. (Can also manually request position and request updates in app)
If you’re concerned about battery life stay away from ESP32 devices and look strictly at nRF52840 devices, from RAKwireless and soon LILYGO/Heltec as well.
I personally haven’t used them for this use case, mine are primarily being setup as solar repeaters to build a local emergency mesh network. But I’ve seen some very neat use cases for Meshtastic so I’m curious if this could work!
Good luck :)