VinSpace Signs Launch Contract with SpaceX for 2027 Satellite Missions

HANOI, VIETNAM - Media OutReach Newswire - 11 August 2026 - VinSpace Joint Stock Company ("VinSpace") has announced the signing of a launch contract with U.S.-based SpaceX, marking a significant milestone in its roadmap to build comprehensive aerospace capabilities and foster the development of Vietnam's space industry. Under the agreement, VinSpace's satellites will launch aboard a Transporter rideshare mission in 2027 as part of SpaceX's rideshare program, which enables multiple customers to share a single launch. VinSpace is responsible for the research, development, manufacturing and on-orbit operation of its satellites. The satellites will support the on-orbit demonstration of in-house developed technologies, strengthen VinSpace's satellite engineering capabilities, and pave the way for future commercial space applications.

The agreement provides an important foundation for VinSpace's first satellite missions, which were announced in April 2026. It represents another step in VinSpace's long-term vision to become a full-stack aerospace company, developing capabilities across the entire space value chain, from satellite design and manufacturing to Assembly, Integration and Testing (AIT), launch mission management, satellite operations, and downstream space data products and services. Selecting SpaceX as its launch service provider reflects VinSpace's strategy of working with the world's leading technology companies to realise its first space missions. Mr. Thu Vu, Chief Executive Officer of VinSpace, shared: "Reliable access to space is fundamental to turning satellite innovation into operational missions. This contract with SpaceX is an important milestone in VinSpace's long-term strategy to help build Vietnam's space ecosystem and strengthen the country's position within the global space economy."

VinSpace's upcoming satellite missions are expected to provide an important platform for in-orbit technology validation, accelerate the development of Vietnam's aerospace talent, deepen international collaboration, and support the commercialisation of space technologies. As satellites, low Earth orbit (LEO) constellations and other space technologies become increasingly important to economic growth, infrastructure resilience and national technological competitiveness, VinSpace is committed to strengthening Vietnam's sovereign space capabilities while delivering commercially sustainable solutions for customers across Vietnam, Southeast Asia and international markets. VinSpace, a member of the Vingroup ecosystem, is building towards becoming Vietnam's leading full-stack aerospace company, with ambitions to develop capabilities across the entire space value chain and deliver space-enabled solutions for infrastructure, energy, environmental management, logistics and smart cities.