Vietnam’s VinSpace signs SpaceX launch deal for 2027
The SpaceX transporter mission launches on Jan 3, 2023, with the booster landing at Landing Zone 1 at Cape Canaveral Space Force Station in Florida. (Photo: Malcolm Denemark/Florida Today via AP)
Read a summary of this article on FAST.
Get bite-sized news via a new
cards interface. Give it a try.
Click here to return to FAST
Tap here to return to FAST
FAST
HANOI: VinSpace, a unit of Vietnamese conglomerate Vingroup, has signed a launch contract with SpaceX for its satellite missions, the company said on Tuesday (Aug 11).
VinSpace’s satellites will launch on a SpaceX Transporter rideshare mission in 2027, joining multiple other customers on a shared launch, it said in a statement
VinSpace handles the research, development, manufacturing and in-orbit operation of its satellites, and said the project supports its strategy aimed at building capabilities across the space value chain, including satellite design and manufacturing, assembly, integration and testing, launch management, operations, and data services.
The missions are expected to support in-orbit technology testing, satellite capability development, international collaboration, and future commercial applications, VinSpace said.
VinSpace was founded last November, with an initial capital of 300 billion dong (US$11.4 million). Vingroup’s founder Pham Nhat Vuong holds a majority share in VinSpace.
Source: Reuters/ec
Sign up for our newsletters
Get the CNA app
Stay updated with notifications for breaking news and our best stories
Get WhatsApp alerts
Join our channel for the top reads for the day on your preferred chat app
Get bite-sized news via a new
cards interface. Give it a try.
Click here to return to FAST
Tap here to return to FAST
FAST
About The Author
