Spacecoin Lands Vietnam Partnership With $100M Annual Revenue Goal

Spacecoin Teams With DETI to Bring Satellite Telecoms and AI to Vietnam

Spacecoin has signed an exclusive memorandum of understanding with Vietnam’s DETI Technology, giving the company a three-year role in developing and distributing Spacecoin’s decentralized satellite telecommunications stack in the country.

The agreement targets a minimum of $100 million in annual revenue once the project becomes commercially operational. The deployment will focus on serving two major Vietnamese mobile carriers, Mobifone and Gtel.

The exclusivity period begins after the project receives official operating licenses. Under the arrangement, DETI will act as Spacecoin’s sole partner for cooperation, development, and distribution in Vietnam.

The partnership brings together four core technologies: decentralized satellite telecoms, sovereign routing, blockchain, and Edge AI.

The satellite component is designed to provide connectivity without relying on a single operator or fixed ground infrastructure. That could matter in Vietnam, where demand for reliable coverage continues to grow across urban, rural, and remote areas.

Sovereign routing is intended to keep data-routing decisions under local control. In practice, that means traffic can be governed within Vietnam rather than depending on infrastructure or routing rules controlled elsewhere.

Edge AI adds another layer by processing data closer to where it is created. That can reduce latency and lower the cost of sending large volumes of data back to distant data centers.

Blockchain will be used for settlement and network coordination, tying together the different parts of the system. For telecom operators, the combined stack could offer a way to expand modern connectivity without replacing existing infrastructure from scratch.

Vietnam Chosen for Fast Tech Adoption

Spacecoin said Vietnam is a natural early market because of its young, mobile-first population and the government’s focus on digital infrastructure. The company also pointed to the country’s fast adoption of new technologies as a reason for choosing it as a launch market.

“We’re at the start of a remarkable period for space, with launches and satellite deployments accelerating across the industry,” said Tae Oh, founder of Spacecoin. “Vietnam is moving early, and that’s exactly the kind of ambition we want to build alongside.”

The agreement is part of Spacecoin’s broader expansion strategy across emerging telecom markets. The company said it is also working with partners in Africa and Asia, including Kenya, Nigeria, Indonesia, and Cambodia.

Spacecoin said governments, telecom operators, and internet service providers are already testing its network using CTC-1 satellites in orbit. The company also said it has sent blockchain messages from Earth to space and back, describing the test as a working validation of its infrastructure.

For Spacecoin, the Vietnam deal is both a commercial foothold and a proof point. The company is betting that satellite-based, blockchain-coordinated connectivity will become part of the next phase of telecom infrastructure in fast-growing digital markets.