Tag Archives: Telesat Lightspeed LEO

Telesat Moves Forward with Lightspeed Spending in Q1 Results

Telesat Contracts MDA as Prime Satellite Manufacturer for the Telesat Lightspeed constellation. Image credit: 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 …

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Telesat Lightspeed – ‘I think we’re making headway’ on financing, CEO says

Telesat Lightspeed LEO satellite illustration

Just six weeks after releasing its full-year 2022 results, Telesat issued a small quarterly update while saying it is continuing discussions on financing the next-generation Lightspeed constellation. 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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Telesat Again Pushes Back Lightspeed Amid “Headwinds” in Industry

Telesat Lightspeed LEO satellite illustration

Telesat has once again pushed back the completion of financing for its Lightspeed constellation as it seeks to pivot the group of satellites in a fast-changing environment. 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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