The acronym "VENG" refers to "New Generation Space Vehicle, in Spanish". This state company, controlled by the CONAE (National Commission for Space Activities), is its executing arm for initiatives such as the Saocom 1A and 1B observation satellites (the latter launched at the end of August by Space X from Cape Canaveral) and the various technology of launchers developed in recent years. The first milestone with satellite capacity will be the VLE, ??around 2024, and the Tronador III, two years later.