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Gungun Bhatia
Jan 4, 2023
by Gungun Bhatia

Cryptosat Deploys Second Satellite Into Orbit With the Help of SpaceX

Cryptosat Satellite

Table of contents

  1. Introduction of Second Cryptosat Satellite
  2. SpaceX Launches Transporter 6 Mission
A further component of the blockchain infrastructure developed by the business that developed the crypto-satellite module launched in May has entered Earth orbit. Furthermore, the Cryptosat Crypto2 satellite was launched into orbit by SpaceX using a Falcon 9 rocket.

Introduction of Second Cryptosat Satellite

According to a release, on January 3, one of SpaceX's Falcon 9 launch vehicles sent a cryptographically-equipped Cryptosat satellite dubbed Crypto2 into orbit. The company's decision to add Crypto2 to its constellation of satellites was made as part of an endeavor to increase space's processing capacity and turn it into a new battleground in the search for foolproof cryptography.

Yonatan Winetraub, a co-founder of Cryptosat, stated, the introduction of Crypto2 provides additional accessibility and a more potent specification to serve the increasing array of use cases in the development pipeline.

SpaceX Launches Transporter 6 Mission

Data encrypted to a public key and getting a verified timestamp for applications like smart contracts are two use cases the company is looking at, according to Winetraub. In addition, the satellite can create a cryptographic key pair and release a private key after a certain length of time in an attempt to avoid premature decryption.

On January 3, at 2:56 p.m. UTC, SpaceX launched the component as part of their Transporter 6 mission, which departed from Cape Canaveral Space Force Station. The Falcon 9 rocket launched 114 satellites for different operators worldwide in addition to the Cryptosat payload.

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Cryptosat Deploys Second Satellite Into Orbit With the Help of SpaceX
Gungun Bhatia
Gungun is an enthusiastic writer that likes to create content for various aspects of the blockchain and crypto industry. She carries out extensive research and provides readers with informative and high-quality material.