We took our first steps into space exploration over 60 years ago with the launch of Sputnik in 1957. Then followed the venture of Yuri Gagarin, the first man in space in 1961, and the steps of Neil Armstrong, the first man on the moon in 1969.

We have been preparing for that future ever since, making great strides in the last decade. Advances in rocket propulsion technology, drastic decreases in costs, and major developments in the field of satellite communications and capabilities have pushed us closer to that dream.

Commercial Space Adoption is Now

The need for Space Internet of Things (SIoT) becomes apparent when envisioning last-mile delivery solutions and the upcoming explosion in satellite projects and SIoT devices in the form of microsatellites, CubeSats, and devices for Earth-Moon system exploration and lunar relay communications. As seen with the 200M acquisition of Planetary Resources by Consensys, the creation of the first tokenized VC fund for space with Spacebit Capital, the first blockchain node in space by QTUM, the development of decentralised ground station scheduling by Spacebit using DLT, diving deeper into space exploration is rapidly becoming a reality. Beyond blockchain, commercial space companies can also bring the functionalities of the Tangle into Space with IOTA, from Low Earth Orbit (LEO) Satellites, to the exploration of the Earth-Moon system. We are currently hard at work bringing the functionality of the Tangle to its intended state, and along with a large number of corporations and international organisations, we see SIoT as a fast-growing area of research and development where lightweight distributed ledger technologies can help overcome many of the limitations of current systems. To explore space is to explore something without borders, without sectionalized ownership, and that presents the perfect environment for true collaboration. It presents an environment where open-source and the cooperation should remain a priority, where parties can work together for the interest of enabling connection and collaboration on earth, as well as everything that lies beyond. Downstream software for satellite data transmission and SIoT networks for space vehicles as well as Artificial intelligence and outsourced heavy computing will have specific space-related applications for the organizations working toward space exploration and colonization. …