Company said it lost a contract with a major North American direct-to-home broadcast customer and saw revenues from clients in the aeronautical and maritime industries dip during the pandemic.
Ottawa supply-chain management software maker has asked court to dismiss a lawsuit filed against it and alleges that U.S. firm misappropriated Kinaxis's trade secrets.
The Quebec government will receive a $200-million equity stake in the cutting-edge satellite network and will also provide Telesat with a $200-million loan.