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.

The 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.