NewsMV
SpaceCoin (SPACE), a blockchain-based satellite internet project, inked an exclusive memorandum of understanding with Vietnamese technology firm DETI Technology on June 10 to jointly develop decentralized satellite communication infrastructure in Vietnam.
The deal names state-owned carrier Mobifone and private operator Gtel as initial commercial targets, with a stated goal of generating at least $100 million in annual revenue after commercial launch.
What the MOU Actually Commits To An MOU is a statement of intent, not a binding contract, and this one carries a structural condition that matters: the three-year exclusivity period does not begin until SpaceCoin secures an official operating license in Vietnam.
That license has not been granted. Until it is, DETI's role as SpaceCoin's sole in-country partner — and the clock on that exclusivity window — has not formally started.
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