- DOGE-1 will be launched aboard Falcon 9
- The weight of the satellite is 88 pounds
- Dogecoin entirely funds the project
Geometric Energy Corporation, a Canadian Engineering Firm, has signed a deal with SpaceX to launch its DOGE-1 CubeSat to the moon by the first quarter of 2022.
This is one of its kind deals that has attracted Elon Musk being the founder of SpaceX. He pitched for the Dogecoin on a Saturday night live chat he was hosting. He also praised Dogecoin. He shared the lunar announcement on Sunday on his Twitter account. Now this news will raise the prices of Dogecoin.
Dogecoin entirely funds the project by SpaceX and Geometric Energy Corporation. The cost of the project is, however, not known.
The first commercial lunar payload paid with the cryptocurrency informed Calgary-based Geometric Energy in a statement. The mission will be launched aboard a Falcon 9 rocket. The CubeSat weighs 88 pounds. It will connect Lunar Spatial intelligence via a combination of cameras and sensors, as per the statement.
This has been a huge step taken by SpaceX. The company knows the importance of this launch. Tom Occhino, Commercial Sales VP, said the mission would show the viability of crypto beyond Earth and establish a foundation for interplanetary commerce. Geometric Energy also said that the Lunar mission in the future would rely on Dogecoin.
There could be more publicity chances, but there is a hitch from both the companies launching the project on the moon. DOGE-1 is going to be the one large tech trend mashup. The move itself explains that private spaceflight could change in the future.
It also shows that SpaceX’s interest in the moon extends beyond government contracts and tourism.
SpaceX has been in the news not only for this launch, but the company has also broken its record by launching and landing a particular Falcon 9 rocket for the 10th time.
The most reuse rocket. It is not new to the company the reuse of the rocket by the company at this point. The news says that these vessels could be in the news for a long while before they need to retire.
With a background in journalism, Ritika Sharma has worked with many reputed media firms focusing on general news such as politics and crime. She joined The Coin Republic as a reporter for crypto, and found a great passion for cryptocurrency, Web3, NFTs and other digital assets. She spends a lot of time researching and delving deeper into these concepts around the clock, and is a strong advocate for women in STEM.