VinSpace Announces Launch Contract with SpaceX, Marking a New Milestone for Vietnam’s Space Industry

Skip to Content News Archives Economy Energy Oil & Gas Renewables Electric Vehicles Mining Commodities Agriculture Real Estate Mortgages Mortgage Rates Finance Banking Insurance Fintech Cryptocurrency Work Wealth Smart Money Wealth Management Investor Personal Finance Family Finance Retirement Taxes High Net Worth FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials More Innovation Information Technology FP500 Podcasts Small Business Lives Told Tails Told Shopping Financial Post Store Obituaries Place a Notice Advertising Advertising With Us Advertising Solutions Postmedia Ad Manager Sponsorship Requests Classifieds Place a Classifieds ad Working Profile Settings My Subscriptions Saved Articles My Offers Newsletters Customer Service FAQ News Economy Energy Mining Real Estate Finance Work Wealth Investor FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials This advertisement has not loaded yet, but your article continues below.HomeBusiness Wire News ReleasesPMN Press ReleasesThis section is The content in this section is supplied by Business Wire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by Business Wire VinSpace Announces Launch Contract with SpaceX, Marking a New Milestone for Vietnam's Space IndustryAuthor of the article: You can save this article by registering for free here. Or sign-in if you have an account.HANOI, Vietnam — VinSpace Joint Stock Company (“VinSpace”) announced the signing of a launch contract with U.S.-based SpaceX. The agreement marks a significant milestone in VinSpace’s roadmap to build comprehensive aerospace capabilities, advancing its mission to 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.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountThe agreement provides an important foundation for VinSpace’s first satellite missions. In April 2026, the company announced its plan to develop and launch its first satellites into orbit in 2027.Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againThe agreement represents another important 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., Chief Executive Officer of VinSpace “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. Our ambition is to develop capabilities across the entire space value chain, from satellite systems and ground infrastructure to geospatial intelligence, satellite connectivity and downstream applications.Through strategic partnerships with leading global technology providers, alongside long-term investment in research, development and commercialisation, VinSpace delivers space-enabled solutions for infrastructure, energy, environmental management, logistics and smart cities.View source version on businesswire.com: This advertisement has not loaded yet.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.