3 weeks ago
VinSpace signs SpaceX launch deal for 2027 satellite mission
A company in Vietnam called VinSpace wants to send its own satellites into space for the first time.
Satellites are machines that orbit Earth and can help with things like communication and data.
VinSpace has made a deal with SpaceX, a rocket company owned by Elon Musk.
The plan is for VinSpace's satellites to ride into space in 2027 on a SpaceX rocket that carries many customers' satellites at once.
Sharing the rocket helps lower the cost of launching.
The satellites will be tested in space and could be used for commercial purposes later.
VinSpace is part of a big Vietnamese company called Vingroup, founded by businessman Pham Nhat Vuong.
Vietnam launched its first telecommunications satellite in 2008 and has been working on its space program for decades.
Vietnam wants to become a stronger space country in Southeast Asia by 2030.
This deal is a big step for Vietnam's growing space industry.
VinSpace signed a contract for SpaceX to launch its first satellites on a Transporter rideshare mission in 2027.
The satellites will test VinSpace's technology in orbit and support future commercial applications.
VinSpace was established in November 2025 and is part of Vingroup, Vietnam's largest privately owned company, founded by Pham Nhat Vuong.
Vietnam launched its first telecommunications satellite in 2008 and aims to become a mid-level space power in Southeast Asia by 2030.
The contract value and the number and specifications of the satellites were not disclosed.
- Who
- Vietnamese aerospace company VinSpace and Elon Musk's SpaceX
- What
- Signed a contract for SpaceX to launch VinSpace's first satellites on a Transporter rideshare mission in 2027
- Where
- Deal announced in Hanoi, Vietnam; satellites will fly on a SpaceX Transporter mission
- When
- Announced on a Tuesday; launch planned for 2027
- Why
- To test VinSpace's satellite technology in orbit and support future commercial applications as Vietnam expands its space industry
Key facts
- Companies
- VinSpace and SpaceX
- Launch
- SpaceX Transporter rideshare mission, 2027
- Parent company
- Vingroup, Vietnam's largest privately owned company
- Established
- November 2025
- VinSpace CEO
- Thu Vu
- Contract value
- Not disclosed
- Vietnam's space goal
- Become a mid-level space power in Southeast Asia by 2030
- Starlink in Vietnam
- Approved in February; accepting orders
Quotes
Thu Vu
VinSpace CEO
“Reliable access to space is fundamental to turning satellite innovation into operational missions.”
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