We propose a new theoretical model for passively mobile Wireless Sensor Networks, called PM, standing for Passively mobile Machines. The main modification w.r.t. the Population Protocol model [Angluin et al. 2006] is that the agents now, instead of being automata, are Turing Machines. We provide general definitions for unbounded memories, but we are mainly interested in computations upper-bounded by plausible space limitations. However, we prove that our results hold for more general cases. We focus on complete interaction graphs and define the complexity classes PMSPACE(f(n)) parametrically, consisting of all predicates that are stably computable by some PM protocol that uses O(f(n)) memory in each agent. We provide a protocol that generates unique identifiers from scratch only by using O(log n) memory, and use it to provide an exact characterization of the classes PMSPACE(f(n)) when f(n)=Omega(log n): they are precisely the classes of all symmetric predicates in NSPACE(nf(n)). As a consequence, we obtain a space hierarchy of the PM model when the memory bounds are Omega(log n). Finally, we establish that the minimal space requirement for the computation of non-semilinear predicates is O(log log n).