Tag Archives: Telesat Lightspeed LEO

Ontario invest $109 million in Telesat Lightspeed

Government of Ontario announcement

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. 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 revenue lower on COVID-19; IPO likely Q3; Faith in Blue Origin

Telesat LEO satellite constellation

Telesat reported its financial results last week for three months ending on March 31, 2021. The company saw revenue decrease 6%, adjusted for foreign exchange rates, to $190 million. 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 looks to raise US$500 million amid flurry of Lightspeed LEO activity

Telesat Lightspeed LEO satellite illustration

Telesat announced yesterday a proposed secured note offering that would see the company raise up to US$500 million. It was the latest news in a recent flurry related to their Lightspeed LEO satellite network. 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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