Aug. 11 at 12:00 PM
$SPCX $VFS
SpaceX signs launch contract with VinSpace
SpaceX (SPCX) signed a launch contract with VinSpace, a member company of the Vingroup ecosystem which includes VinFast Auto (VFS). 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. Together with VinFast - Vietnam-based automotive manufacturer - VinSpace is building towards becoming Vietnam's leading full-stack aerospace company. VinSpace announced in April its plan to develop and launch its first satellites into orbit in 2027.