Samuel Reid, the CEO and founder of renewable energy-based logistics firm Geometric Energy Corporation announced today that his company has received a license from the United States Federal Communications Commission (FCC) for the much-awaited DOGE-1 mission to the moon.
Multiple Approvals Bagged by DOGE-1 Mission
According to the document, the FCC authorized the licensee, which in this case is Geometric Energy, “to use and operate the radio transmitting facilities hereinafter described for radio communications in accordance with the program of experimentation described by the licensee in its application for license.”
The news comes barely a few days after the Dogecoin-funded space mission to launch DOGE-1 bagged the National Telecommunications and Information Administration (NTIA) approval. It is worth noting that the launch has been postponed multiple times since Elon Musk, the tech mogul and crypto enthusiast, took to X (formerly Twitter) on May 9, 2021, to announce the community-funded mission.
SpaceX was blamed for a significant percentage of the delays. Per Musk’s announcement, DOGE-1 is billed to be part of a rideshare on the Nova-C/IM-1 mission, a joint initiative between Intuitive Machines and NASA. Ultimately, it is a push to move the canine-themed memecoin into space, a rare ideology that is deeply rooted in community synergy.
Dogecoin Reacts to the FCC License News
Notably, this mission demonstrates Dogecoin’s power and its potential beyond the conventional crypto market. Once DOGE-1 lands in space, it will broadcast images and ads back to the earth.
This is after it must have displayed the same content in space through the use of an attached screen. After receiving NTIA’s approval a few days ago, the FCC license was the only authorization left for the mission to be achieved.
With this approval, the DOGE-1 satellite is finally going to space by January 2024. It is worth noting that DOGE is already responding to the forthcoming launch.
No long ago, Dogecoin price jumped by a significant percentage which saw the token trade above $0.08 for the first time since the general memecoin frenzy of July. At the time of writing, Dogecoin is up 3.4% to $0.0833, a move that has propped the market capitalization to $11.3 billion.
The post DOGE-1 Space Mission Moves Closer to Reality With FCC License appeared first on CoinGape.
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