Tag Archives: Telesat

Telesat officials said the company will meet its 2024 guidance and continue spending on Lightspeed after releasing first-quarter results on Friday (May 10). That said, the company said it will need to maximize its EBITDA and cash flow "by seeking to mitigate anticipated revenue declines and rigorously manage our legacy cost structure" in its geostationary business, officials warned in the earnings statement. But as a …

Telesat said it is close to announcing fresh details on Lightspeed financing with the government of Canada as the company announced its financial results for the last fiscal year Thursday (March 28).

Telesat and Avanti Communications announced Wednesday that they had signed a Memorandum of Understanding (MOU) for the Lightspeed low Earth orbit (LEO) satellite constellation. It is the second MOU Telesat has signed this year for Lightspeed.

Mage Networks is the latest organization to sign an Memorandum of Understanding (MOU) with Telesat for its Lightspeed Constellation services.

Following a successful Phase 1 contract, Telesat Government Solutions, the wholly owned subsidiary of Telesat, was awarded a Phase 2 contract by DARPA for its Lightspeed Constellation.

Telesat announced today that it had signed a 10+ year agreement with networking and laser communications technology company Aalyria to use its Spacetime product for the Lightspeed Constellation.

While Telesat is watching the rise of SpaceX's Starlink Internet services for the commercial market, it maintains government and enterprise are eagerly awaiting the arrival of their Lightspeed low Earth orbit satellite constellation (LEO). This page is for subscribers only. Already a subscriber? Log in. Fact-driven space news, columns, business, policy, technology and more. Support independent journalism. SUBSCRIBE TODAY

Canada’s across-the-board dependence on space-based technology, multiple threats against this reliance, and the need for government/industry partnerships to confront these threats were among the messages delivered by the “Innovation in Defence – Leveraging Commercial Space Capabilities” panel at Spacebound 2023. The panel took place on day two of the annual Space Canada conference, which was packed with audience members and timely topics. Spacebound 2023 was …

A month after announcing that it had cleared the finance hurdle for its Lightspeed constellation and brought MDA onboard as its prime manufacturer, Telesat announced yesterday a launch contract with SpaceX.

After years of delay Telesat announced today it was proceeding with the production phase of its LightSpeed constellation having secured the necessary funding and selecting MDA as the prime satellite manufacturer.