After years of delays, Ottawa-based Telesat has struck a multibillion-dollar deal that should pave the way for its much-anticipated new network of low-Earth-orbit (LEO) satellites.
Just days ago, Telesat announced that it was pulling out of its agreement with Thales Alenia Space and instead going with Canadian aerospace firm MDA, which will build 198 advanced satellites. The change, expected to result in US$2 billion in capital cost savings, means Telesat can proceed with the project.
In this episode of Techopia Live, Ottawa Business Journal publisher Michael Curran speaks with the president and CEO of Telesat, Dan Goldberg. A past recipient of the OBJ-Ottawa Board of Trade CEO of the Year award, Goldberg discusses what the deal will mean to Telesat customers and the economic impact on Ottawa-Gatineau, which should see hundreds of new jobs.
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