HONG KONG — Wingbits, a blockchain-powered aviation data network, is set to add satellite-tracking capabilities as it looks to make further inroads into the $22 billion aviation data industry. The Swedish company is launching a satellite with Spire Global, which operates a low-orbit satellite constellation. The satellite will be carried by SpaceX’s Transporter-13 mission in late February from Vandenburg Space Force Base in California.
Discussing the launch during Consensus Hong Kong, Robin Wingardh, Wingbits’ CEO and co-founder, said the satellite complements the startup’s 2,200-strong on-the-ground node network managed by flight enthusiasts around the world.
The decentralized physical infrastructure network, or DePIN, project rewards data providers with Solana testnet tokens. The existing flight-tracking industry also relies on flight enthusiasts to supply data on airplane movements. Companies such as FlightAware and Flightradar24 sell data to aviation analytics companies, airl
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