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Elon Musk’s SpaceX will launch the “DOGE-1 Mission to the Moon” from the first quarter of 2022, together with the firm accepting the meme-inspired cryptocurrency as full payment to the lunar payload.
Geometric Energy Corporation announced the dogecoin-funded assignment on Sunday, which SpaceX’s communications group confirmed in an email to colleagues. The assignment ‘s financial value wasn’t disclosed.
DOGE-1 will fly a 40 kilogram block satellite for a payload on a Falcon 9 rocket, with Geometric Energy Corporation stating its payload “will get lunar-spatial intelligence from sensors and detectors on-board with integrated communications and computational systems.”
SpaceX vice president of commercial sales Tom Ochinero said in a statement that DOGE-1 “will demonstrate the use of cryptocurrency beyond Earth orbit and set the basis for interplanetary commerce.”
“We’re eager to start DOGE-1 to the Moon!” Ochinero stated.
Musk previously announced the company’s plans, albeit in a tweet on April Fool’s Day.
“SpaceX will place a literal Dogecoin on the literal moon,” Musk wrote.
The DOGE-1 assignment comes after Musk, the self-proclaimed “Dogefather,” made his debut as host of “Saturday Night Live.” The amount of dogecoin dove during his appearance, falling under 50 cents, despite his references to the cryptocurrency.
For SpaceX, the announcement also comes on the day the company set a new record for its Falcon 9 series of rockets. After starting another batch of Starlink satellites into orbit, SpaceX landed the Falcon 9 rocket’s booster for a 10th time — a benchmark Musk has previously described as crucial in the business ‘s advancement of reusing its rockets.
“It’s designed to perform 10 or more flights without a refurbishment between every flight,” Musk told reporters in May 2018.
“We think that the boosters are capable of on the order of 100 flights before being retired. Maybe more.”
A Falcon 9 rocket booster lands after launch the Sentinel-6 mission.
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