
Telesat making ‘strong progress’ on LEO network after switching suppliers, company says
Telesat says it is making “strong progress” in getting its massive low-Earth-orbit satellite network off the ground after switching to a cheaper supplier a few
Telesat inks deal to use SpaceX rockets for Lightspeed launch
Weeks after announcing it was poised to launch production of its multibillion-dollar satellite constellation, Telesat says it will partner with Elon Musk’s SpaceX to get
Telesat ‘making headway’ on financing for Lightspeed LEO satellites, CEO says
Telesat chief executive Dan Goldberg says the Ottawa firm is still in talks with export credit agencies aimed at securing financing for its next-generation communications
Telesat warns supply chain woes could delay Lightspeed launch
Ottawa firm said Friday its low-Earth-orbit satellite network aimed at delivering high-speed internet to remote areas might not be in orbit until 2025, a year
Telesat turns Q1 profit despite 9% revenue dip as pandemic plays havoc with key customers
Ottawa-based company reported revenues of $190 million for the three-month period ending March 31, down from $208.7 million a year earlier.
Telesat’s revenues fall 10% in 2020 as firm prepares to launch LEO satellite project
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
Telesat to set up satellite operations campus in Gatineau as part of $400M deal
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.
Telesat reaches $3B agreement with French-Italian firm to build LEO satellite fleet
Project will pave the way for the Ottawa firm’s customers to deliver high-speed internet to the farthest reaches of the globe.
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