
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 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 CEO sees big financial benefits ahead as firm makes TSX, Nasdaq debut
Dan Goldberg said Tuesday the move will allow the company to tap into the public markets as it looks to get its $6.5-billion low-Earth-orbit satellite

Telesat posts Q3 loss as customers scale back services
Ottawa-based company generated revenues of $192 million for the three-month period ending Sept. 30, down from $202 million a year earlier.

Poised for IPO, Telesat adds U.S. telecom veteran to C-suite
Ottawa-based satellite equipment provider names former Comcast Business VP Glenn Katz to the newly created role of chief commercial officer.

Feds pump $1.44 billion into Telesat’s Lightspeed satellite network
Contribution marks a ‘decisive step’ toward fully financing Ottawa-based company’s $6.5-billion project aimed at delivering high-speed internet service to remote areas, CEO says.

Telesat lands $109M provincial contract to provide high-speed rural connectivity
Telesat has signed a $109-million contract with the Ontario government that will see the Ottawa-based satellite equipment manufacturer help deliver high-speed internet service to rural

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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