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The Vingroup unit, established in November 2025, will fly its satellites on a SpaceX Transporter rideshare mission next year
RONALDO SCHEMIDT / Getty Images
VinSpace Joint Stock Co., a unit of Vietnam's Vingroup conglomerate, signed a contract with SpaceX on Tuesday to launch its first satellites in 2027, the company said in a statement.
VinSpace will put its satellites aboard a SpaceX Transporter rideshare mission, a launch model in which several customers pool the cost of a single rocket flight. According to VinSpace, the satellites—which the company will build and run—are designed to validate its in-house technology on orbit and lay groundwork for later commercial use. The company did not disclose the contract's value, the number of satellites, or their specifications.
