Hey everyone, we just put out a news release regarding our first satellite launch. I would like to share it with you. It’s amazing what Ethereum has pulled off as a community. It’s truly special and the collection of people (cryptographers, artists, dreamers and creators). As an ode to what the community has built, I wanted to make sure we named the first satellite that XYO launches after Ethereum! I’m heading to ETHDenver with my team this year and look forward to catching up with everyone I met from last year!
From the press release, here’s the part I’m most proud of!
>*For Phase Two, XYO Network will launch its own custom satellite with Spaceflight aboard a SpaceX Falcon 9 in late 2019, on SpaceX CRS-19. XYO will send its first satellite, named the “EtherX,” into orbit, in a nod to the “Ethereum” blockchain platform.*
>*XYO Network Co-Founder Scott Scheper commented: “Speaking personally, Ethereum inspired me to go from a long-time blockchain observer to going ‘all in’. My work is now 100 percent focused on blockchain technologies. What the Ethereum developer community and Vitalik Buterin have built, has moved the entire ecosystem forward, period. As an ode to Ethereum and Vitalik, we decided to name our first satellite the ‘EtherX.’”*
>*The EtherX is only the first of XYO Network’s fleet of satellites. The company intends to launch a fleet of satellites named after important cryptographers and individuals who inspired them. In fact, XYO Network plans on enabling their global community of “Geohackers” to fully participate by purchasing a ‘stake’ in each satellite.*
Here’s the [link to the press release](https://www.businesswire.com/news/home/20181211005375/en/).