Cryptosat launches its second crypto satellite on the SpaceX rocket

Cryptosat launched Crypto2, its second cryptographic satellite module, from Space Florida on Jan. 3 aboard a Falcon 9 rocket bound for SpaceX’s Transport 6 mission.

Cryptosat is on a mission to create a trusted execution environment in space using satellites that power crypto, blockchain and registry applications. The company believes the satellites possess unique properties that improve cryptographic security for sensitive operations by isolating the computational environments in orbit. And by launching its second satellite, which is no bigger than a cup of coffee, it opens up exciting new opportunities in computing.

Crypto2 features 30 times more computing power than its predecessor Crypto1, which launched in May 2020. The satellite has proved vital as a tamper-proof platform to secure and launch blockchain and Web3 platforms.

“Falcon 9’s partially reusable launch vehicle, developed by SpaceX, can carry crew and commercial cargo into orbit. During its 2023 maiden flight, Cryptosat software was part of the shipment, supporting Cryptosat’s goal of launching a Trusted Execution Environment into space,” the company explains.

Cryptosat, which raised $3 million in seed funding in November, says no third parties interfered with the computing environment prior to its launch into orbit. Also, being hosted on a trusted module in space, the blockchain is far from network intrusions or the reach of hackers who often target land-based blockchains.

Cryptosat co-founder Yonatan Winetraub said: “The launch of Crypto2 is a major milestone towards expanding infrastructure from a single satellite in 2022. The launch of Crypto2 gives us greater availability and more powerful specifications to support the growing portfolio of use cases in our development pipeline.”

The milestone comes shortly after the first version of Cryptosat’s Cryptosim software was made available. In December, Cryptosat released an API tutorial with a satellite trajectory simulation. Combining this with an application programming interface gives software developers the opportunity to interact with software that will run on Cryptosat’s low earth orbit satellites.

To reduce the learning curve, Cryptosim plans to guide developers step-by-step through the process of communicating with the software that has been put on the satellite.

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