Vietnamese aerospace company VinSpace has signed a contract with SpaceX to launch its first satellites into orbit in 2027. The satellites will be launched on a SpaceX Transporter rideshare mission, which carries satellites from multiple customers on a single rocket to share launch costs.
VinSpace’s Ambitions
VinSpace, part of Vietnam’s Vingroup conglomerate, aims to become a full-service aerospace company, developing capabilities ranging from satellite design and manufacturing to launch management, satellite operations, and space-based data services. The company was established in November 2025 and plans to develop and launch its first satellites in 2027.
Vietnam has sought to build its aerospace capabilities for several decades but remains a relatively small player in the global space industry. The country launched its first telecommunications satellite in 2008, followed by another in 2012. In March, Vietnam inaugurated a major space science and technology center in Hanoi’s Hoa Lac High-Tech Park, aimed at expanding the country’s satellite development and use of space-based data.
Original reporting: KTBS 3 (Shreveport) — read the source article.
