SpaceCoin signs MOU with Vietnam's DETI to build decentralized satellite network

Decentralized satellite internet project SpaceCoin (SPACE) announced on June 10 that it has signed an exclusive Memorandum of Understanding (MOU) with Vietnamese technology firm DETI Technology (DETI) to build a decentralized satellite communication infrastructure. The initiative will target major Vietnamese mobile carriers Mobifone and Gtel. The two companies aim to develop a business generating at least $100 million in annual revenue following the project's commercial launch. The exclusivity period of the agreement is three years, starting from when the project obtains its official operating license. Through this partnership, SpaceCoin plans to establish a single-partner system in the Vietnamese market and jointly develop a decentralized satellite infrastructure and commercial operating model tailored to the local telecommunications market.