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Elon Musk just can’t seem to get away from being the “Dogefather,” SpaceX has now reached a deal with Canadian engineering firm Geometric Energy Corporation to launch its DOGE-1 cubesat to the Moon. Set to take place during the first quarter of 2022, the Moon satellite launched aboard Falcon 9 rocket will be funded entirely by Dogecoin.
Once in space, the 88-pound cubesat will be collecting “lunar-spatial intelligence” with a combination of cameras and sensors. Geometric Energy notes DOGE-1 will become the first commercial lunar payload paid for with a cryptocurrency. Tom Ochinero, Vice President of Commercial Sales at SpaceX, also notes that the Dogecoin-funded mission could prove the viability of cryptocurrency as the “foundation for interplanetary commerce.”
(Adds Musk tweet)
May 9 (Reuters) - SpaceX will launch the DOGE-1 Mission to the Moon in the first quarter of next year, with Elon Musk s commercial rocket company accepting the meme-inspired cryptocurrency dogecoin as payment. SpaceX launching satellite Doge-1 to the moon next year – Mission paid for in Doge – 1st crypto in space – 1st meme in space , Musk said in a tweet https://bit.ly/3betdTm.
Geometric Energy Corporation announced the dogecoin-funded mission earlier on Sunday, with the statement not disclosing the mission s financial value. This mission will demonstrate the application of cryptocurrency beyond Earth orbit and set the foundation for interplanetary commerce , SpaceX Vice President of Commercial Sales Tom Ochinero was quoted as saying in the statement released by Geometric Energy.
Mission to Moon : SpaceX accepts cryptocurrency Dogecoin for satellite launch
Reuters/New York
Photo: Reuters
The satellite, dubbed DOGE-1, will be launched aboard a SpaceX Falcon 9 rocket in the first quarter of 2022.
SpaceX will launch the “DOGE-1 Mission to the Moon” in the first quarter of next year, with Elon Musk’s commercial rocket company accepting the meme-inspired cryptocurrency dogecoin as payment. SpaceX launching satellite Doge-1 to the moon next year – Mission paid for in Doge – 1st crypto in space – 1st meme in space , Musk said in a tweet.
SpaceX launching satellite Doge-1 to the moon next year
– Mission paid for in Doge
Geometric Energy Corporation announced the dogecoin-funded mission on Sunday, with the statement not disclosing the mission’s financial value.
“We’re excited to launch DOGE-1 to the Moon!”, SpaceX Vice President of Commercial Sales Tom Ochinero was quoted as saying in the statement released by Geometric Energy. “This mission will demonstrate the application of cryptocurrency beyond Earth orbit and set the foundation for interplanetary commerce”.
Musk said on Twitter in April that SpaceX was going to put a “literal Dogecoin on the literal moon”.
Dogecoin lost more than a third of its price on Sunday, after Musk called it a ‘hustle’ during his guest-host spot on the “Saturday Night Live” comedy sketch TV show.
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CALGARY, AB, May 9, 2021 /PRNewswire/ - Geometric Energy Corporation (GEC) announced today the DOGE-1 Mission to the Moon the first-ever commercial lunar payload in history paid entirely with DOGE will launch aboard a SpaceX Falcon 9 rocket.
Geometric Energy Corporation s DOGE-1 Mission to the Moon will involve Geometric Space Corporation (GSC) mission management collaborating with SpaceX to launch a 40kg cubesat as a rideshare on a Falcon 9 lunar payload mission in Q1 2022. The payload will obtain lunar-spatial intelligence from sensors and cameras on-board with integrated communications and computational systems. Having officially transacted with DOGE for a deal of this magnitude, Geometric Energy Corporation and SpaceX have solidified DOGE as a unit of account for lunar business in the space sector, said Geometric Energy s Chief Executive Officer Samuel Reid.