Ontario invest $109 million in Telesat Lightspeed

Government of Ontario announcement of investment in Telesat Lightspeed. Credit: Government of Ontario.

The government of Ontario announced today that it was investing $109 million into the Telesat Lightspeed Low Earth Orbit (LEO) telecommunication constellation. That brings the total investment for Lightspeed to $1.61 billion since last November.

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About Marc Boucher

Boucher is an entrepreneur, writer, editor & publisher. He is the founder of SpaceQ Media Inc. and CEO and co-founder of SpaceRef Interactive LLC. Boucher has 20+ years working in various roles in the space industry and a total of 30 years as a technology entrepreneur including creating Maple Square, Canada's first internet directory and search engine.