Geometric Energy Corporation (GEC), a logistics firm, has recently announced that it paid the rebooking fee for the Doge-1 satellite using Dogecoin (DOGE), marking an unusual transaction in the space industry.

However, the company also shared that the launch of the satellite has been delayed, with no specific timeline provided for its eventual takeoff.

Samuel Reid, the CEO of Geometric Energy, confirmed the transaction and hinted at the unconventional payment method, showcasing the growing influence of cryptocurrency in sectors beyond traditional financial markets.

This development emphasises the versatility of digital currencies like Dogecoin and their potential to play a significant role in future commercial transactions, including those in the space exploration sector.