Prior to its expected Initial public offering, Telesat is solidifying its finances to build its Low Earth Orbit (LEO) Lightspeed satellite communications constellation. This announcement brings another $1.44 billion to the $6.5 billion project.
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While the TSX Composite index is up 6.98% the first three months this year, the month of March was quite turbulent with the index up just under 1%. The unsettled market has had an impact on the uptake of MDA's initial public offering which is scheduled to be listed next week. This page is for subscribers only. Already a subscriber? Log in. Fact-driven space news, …
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MDA Ltd. has released its preliminary prospectus for its initial public offering (IPO) and is looking to raise $500 million with an offering price per share between $16 and $20. If the interest in the IPO is strong, then the company could be valued at $2 billion as it goes public. That valuation would suggest a nice return on investment for Northern Private Capital (NPC) …
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Canadian satellite giant Telesat is likely weighing an initial public offering (IPO) as the company gets its low Earth orbit constellation ready to compete with U.S. giants such as SpaceX's Starlink. 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
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