Wingbits Launches Satellite to Enhance Aviation Data Tracking Accuracy
Wingbits Expands Aviation Data Network with Satellite Launch
- Wingbits, a blockchain-based aviation data network, plans to add satellite-tracking capabilities.
- The satellite will be launched with Spire Global via SpaceX’s Transporter-13 mission in late February from California.
- The company currently operates a network of 2,200 on-the-ground nodes managed by flight enthusiasts globally.
- Data providers are rewarded with Solana testnet tokens for their contributions.
- Over 90 countries contribute to tracking approximately 120,000 unique flights daily.
- The system aims to create a global network where tokens can be exchanged for air miles and other services.
- The satellite will help verify ground data, improving accuracy and reducing spoofing risks.
- Wingbits raised $5.6 million in its second seed round from investors including Borderless Capital and Bullish Capital.