The launch of SpaceX's DOGE-1 satellite receives the green light from the NTIA.
Raphaël Wernert
6/27/24
SpaceX is making history with the DOGE-1 mission, scheduled for 12 January 2024. Funded by the cryptocurrency Dogecoin, the mission will send a Cubesat satellite around the Moon, equipped to transmit a live video feed.
DOGE-1, planned for launch aboard a Falcon 9 rocket, has reached a major milestone with NTIA (National Telecommunications and Information Administration) approval. This major development paves the way for the FCC to obtain the final licence for its space communications, marking a significant step forward in cryptocurrency-funded space exploration. A look back at the unique partnership between SpaceX and Dogecoin.
Two years after Elon Musk's bold announcement, the DOGE-1 project is about to take flight. The DOGE-1 lunar mission, designed in partnership with Geometric Energy Corporation (GEC), aims to place a Cubesat satellite in lunar orbit. The satellite's main mission is to gather vital information about the Moon and its space environment.
The bold idea of funding a space mission using Dogecoin is arousing curiosity and enthusiasm. For many, the initiative symbolises a giant step towards innovative use of cryptocurrency. The collection of space and lunar data could well mark the beginning of a new era in the integration of cryptocurrency into space exploration.
Initially scheduled for 2022, the launch of DOGE-1 has been postponed, mainly due to delays in SpaceX's Nova-C mission and now confirmed for 12 January 2024.
This delay reflects SpaceX's firm commitment to this unique mission. If the launch is successful, it will mark a significant milestone in the history of cryptocurrency-funded space exploration. SpaceX's association with Dogecoin opens a new chapter in space financing, hinting at future similar initiatives.
Since October, the Dogecoin cryptocurrency has seen significant appreciation, with its price climbing from $0.057 to $0.081 this week, revealing a noticeable resurgence in investor interest.
Elon Musk's role in market fluctuations remains a key factor. His statements and actions regularly influence Dogecoin's price movements.
Although the link between Dogecoin and the DOGE-1 mission is largely symbolic, its long-term impact should not be underestimated. As a precursor to the integration of cryptocurrency into space exploration, this mission lays the foundations for the future.
SpaceX's imminent DOGE-1 mission opens up exciting horizons for the future of cryptocurrency and space exploration. As Dogecoin soars into space, this collaboration highlights the constant innovation of our time, with potential implications for the financial, technological and scientific fields.
