Tag Archives: Telesat

Telesat sees slighter lower revenue in Q2

Telesat Alan Park ground station facility near Hannover, Ontario

A day after Telesat announced a major deal with the Government of Canada, the telecommunications company released its second quarter earning results with consolidated revenue of $188 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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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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Ahead of Telesat IPO Loral releases integration update

Telesat LEO satellite constellation

Loral Space & Communications, the largest shareholder in Telesat, has posted a slide deck for shareholders with an update on the integration transaction ahead of an expected IPO this quarter. 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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Telesat, MDA secure $400 million investment from the Government of Québec, will invest $1.8 billion in the province

Government of Québec announces investment in Telesat's lightspeed

As NASA's Perseverance rover was preparing for its successful descent and landing on Mars, another successful event was happening in Québec, the announcement that $1.8 billion would be invested into the province by Telesat, MDA and the Government of Québec for Telesat's Lightspeed telecommunication satellite constellation. This page is for subscribers only. Already a subscriber? Log in. Fact-driven space news, columns, business, policy, technology and …

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