ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Aerospace & Defense Industries

NEC wins $190m deal to supply satellite to Vietnam

Export package reveals edge large companies have over startups during crisis

This NEC-developed satellite is scheduled to be sent into orbit in 2023. (Image courtesy of NEC)

TOKYO -- Japanese electronics company NEC has won a 20 billion yen deal ($190 million) to supply a radar satellite to Vietnam, highlighting an advantage traditional players have over startups in these times of economic crises.

The deal, which will be announced soon, marks the first export of an observation satellite by a Japanese company and includes the cost of launch and ground equipment as well as that of training engineers and operators in Vietnam, company representatives said.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more