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Spacecoin Lands Vietnam Partnership With $100M Annual Revenue Goal

By bitcoin.com
Jun 5, 2026
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Spacecoin has signed an exclusive agreement with DETI Technology to bring decentralized satellite telecoms to Vietnam. The partners are targeting at least $100 million in annual revenue once the project reaches commercial operation.

Key Takeaways:

Spacecoin signed a 3-year exclusive MOU with DETI to expand in Vietnam.The project targets $100M+ annual revenue via Mobifone and Gtel deployments.Spacecoin plans licensing, then rollout of satellite, blockchain, and Edge AI services.
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 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.

Source: @Spacecoin

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.

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.

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.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of BitKan. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. BitKan shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. Products mentioned in this article may not be available in your region.

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