Vietnam’s VinSpace Signs Deal with Elon Musk’s SpaceX to Launch Its First Satellites in 2027
VinSpace said the deal will send its first satellites on a shared SpaceX launch in 2027 as it builds toward a full-service aerospace business.
- On Tuesday, VinSpace, a unit of Vietnamese conglomerate Vingroup, signed a launch contract with SpaceX. The satellites will launch aboard a SpaceX Transporter rideshare mission in 2027, joining multiple other customers on a shared flight.
- Founded by tycoon Pham Nhat Vuong, Vingroup is Vietnam's largest privately owned company. VinSpace, established in November 2025, was created to become a full-service aerospace firm developing satellites and launch capabilities.
- VinSpace will develop and operate satellites to test technology and support commercial applications. "Reliable access to space is fundamental to turning satellite innovation into operational missions," VinSpace CEO Thu said.
- Vietnam inaugurated a major space science and technology center in Hanoi's Hoa Lac High-Tech Park this March. The facility aims to expand the country's satellite development and utilization of space-based data.
- The country aims to become a mid-level space power in Southeast Asia by 2030, having also integrated Starlink satellite internet services. Starlink has since begun accepting orders in Vietnam.
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Vietnam's VinSpace taps SpaceX for first satellite launches
Vietnam's first private space company is turning to Elon Musk's SpaceX to get its first satellites into orbit. The deal comes as Vietnam steps up efforts to build its own space industry and become a regional space power.
Associated Press News
Vietnam’s VinSpace signs deal with Elon Musk’s SpaceX to launch its first satellites in 2027
The Vietnamese aerospace company VinSpace has signed a contract with SpaceX to launch its first satellites in 2027, marking a big step in Vietnam’s efforts to develop its space industry.
Vietnam’s VinSpace signs deal with SpaceX to launch its first satellites in 2027
The Vietnamese aerospace company VinSpace has signed a contract with SpaceX to launch its first satellites in 2027, marking a big step in Vietnam’s efforts to develop its space industry
Vietnam’s VinSpace signs SpaceX launch deal for 2027
HANOI, Aug 11 (Reuters) - VinSpace, a unit of Vietnamese conglomerate Vingroup, has signed a launch contract with SpaceX for its satellite missions, the company said on Tuesday. • VinSpace's satellites will launch on a SpaceX Transporter rideshare m...
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