What Happened
Vietnamese Satellite Startup Expands Space Capabilities
VinSpace, Vietnam’s first privately owned satellite company, has signed a launch contract with SpaceX to launch its first satellites into orbit in 2027. The satellites will launch aboard a Transporter rideshare mission as part of SpaceX’s rideshare program. VinSpace aims to use the launch to test and demonstrate its in-house developed technologies, which will help improve its satellite engineering capabilities and pave the way for future commercial space applications. The company was founded in November 2025 by Vietnamese real estate conglomerate Vingroup. This development was first reported by Developing Telecoms.