AppSwarm Corp (OTCMKTS: SWRM) is an aggregator of mobile apps and a software development corporation that recently announced it had made an advisory agreement with GEC (Geometric Energy Corporation) for its DOGE-1 SpaceX mission to the Moon. Dogelabs will provide the DOGE-1 project with strategic and corporate partnerships as well as establish other working relationships that’ll support futures space exploration projects under TulsaLabs.
DOGE-1 is the first commercial space payload that’s been fully financed with Dogecoin. The launch will happen aboard SpaceX’s Falcon 9 Rocket. A small Cubesat, equipped with a camera that’ll be used to record video content of pixel display on the satellite, will be deployed into the lunar orbit. This pixel display screen on the satellite can play most kinds of digital content, including non-fungible token art. The CubeSat will then live stream the content on the display screen to various streaming and social media platforms, including YouTube and Twitch.
DogeLabs’ Founder, Tom Bustamante, said they were very pleased to collaborate with GEC on this project. He claimed that GEC’s depth of experience and expertise in space would prove invaluable moving forward.
Market Reaction:
On Wednesday, SWRM stock soared 90% at $0.0188 with more than 303.83 million shares, compared to its average volume of 13.01 million shares. The stock has moved within a range of $0.0094 – 0.0197 after opening the trade at $0.0103.
