Share:

A planned moon mission funded by Dogecoin (DOGE) took a step closer to launch following a key regulatory approval from the National Telecommunications and Information Administration (NTIA), which forms a precursor to the final Federal Communications Commission (FCC) license.

The DOGE-1 satellite is being developed by space technology firm Geometric Energy Corporation, which announced the project in May 2021. The satellite will be launched aboard a SpaceX Falcon 9 rocket.

“The National Telecommunications and Information Administration approved DOGE-1 X-Band (0083-EX-CN-2022 on http://ntia.doc.gov),” confirmed Samuel Reid, CEO of Geometric Energy Corporation, in an X post. “We have yet to get the FCC license grant which will address X-Band and S-Band.”

A miniature screen on the DOGE-1 satellite will display advertisements, images and logos, which will subsequently be broadcast to the Earth. DOGE-1 was the first satellite launch to be paid for its entirety in DOGE tokens.

The launch of DOGE-1 was first announced by SpaceX founder Elon Musk in 2021 as a rideshare abroad a collaborative rocket launch between Intuitive Machines and NASA, the U.S. space program.

However, that has been repeatedly postponed by Intuitive Machines' launch provider SpaceX, which in turn postponed DOGE-1’s planned launch from 2022 to the now-targeted January 2024.

DOGE-1 is one of the two dogecoin-related missions planned in the coming months.

Earlier this month, Dogecoin developers said a physical dogecoin token could reach Earth’s moon in a space payload mission planned by Pittsburg-based firm Astrobotic. The mission is currently planned for December 23 and carries 21 payloads (cargo) from governments, companies, universities, and NASA’s Commercial Lunar Payload Services (CLPS) initiative.


All writers’ opinions are their own and do not constitute financial advice in any way whatsoever. Nothing published by CoinDesk constitutes an investment recommendation, nor should any data or Content published by CoinDesk be relied upon for any investment activities. CoinDesk strongly recommends that you perform your own independent research and/or speak with a qualified investment professional before making any financial decisions.

Join Telegram

Follow us on Telegram

Stay updated of all the news

Join Telegram

Recommended content


Follow us on Telegram

Stay updated of all the news

Join Telegram

Recommended Content

Editors’ Picks

Crypto market cowers with sell signals after FOMC minutes

Crypto market cowers with sell signals after FOMC minutes

Bitcoin price could make a 5% trip south to the $48,000 psychological level. Ethereum price likely to revisit $2,770, a 5% fall with a sell signal already in play. Ripple price eyes a 7% fall amid growing overhead pressure.

More Cryptocurrencies News

Worldcoin price dips 25% as WLD holders cash in on faded AI narrative

Worldcoin price dips 25% as WLD holders cash in on faded AI narrative

Worldcoin price is down 23% since the Monday peak of $7.9960. WLD could extend the fall 9% to the key Fibonacci retracement level, 61.8% at $5.7330. Invalidation of the bearish thesis will occur if the AI token clears the range high to create a new local top.

More Worldcoin News

Bitcoin price could drop 7%, but MicroStrategy nearly merits S&P 500 inclusion

Bitcoin price could drop 7%, but MicroStrategy nearly merits S&P 500 inclusion

Bitcoin price has managed to climb a commendable distance since October, with the move benefitting MicroStrategy the most, among other investors. The company, having demonstrated strong support for BTC through successive purchases, could soon merit S&P 500 inclusion as it steadily checks the boxes for listing criteria. 

More Bitcoin News

SingularityNET: 15% drop likely for AGIX as multiple on-chain metrics flash bearish

SingularityNET: 15% drop likely for AGIX as multiple on-chain metrics flash bearish

SingularityNET price has dropped almost 12% since rejection from the peak of the market range at the $0.6000 psychological level. AGIX could extend the fall nearly 15% before providing a buying opportunity for late and sidelined investors. A higher high above $0.5999 would invalidate the bearish thesis.

More SingularityNET News

Bitcoin: BTC eyes $60,000 but correction looms

Bitcoin: BTC eyes $60,000 but correction looms

BTC has been moving up only since January 22 but could slip into a consolidation before the next leg up. With the rate at which BTC is climbing after the ETF approval, coupled with strong fundamentals, investors should consider buying the dips before BTC hits $60,000.

Read full analysis

BTC

ETH

XRP