
Telesat to focus on Lightspeed project in 2024 as it announces first-quarter net loss
Managing costs related to its geostationary activities and accelerating implementation of its Lightspeed satellite project will be the focus for Ottawa-based Telesat in 2024.
Feds to lend Telesat $2.14B to help finance Lightspeed LEO satellite program
The federal government has agreed to lend Telesat $2.14 billion to help finance the Ottawa-based telecommunications equipment provider’s low-Earth-orbit satellite constellation, the company announced Monday.
Telesat to hire hundreds of workers as Lightspeed production ramps up
Telesat expects to boost its workforce by nearly 50 per cent in 2024 as the Ottawa-based satellite communications firm ramps up production of its next-generation
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
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