Telesat, MDA secure $400 million investment from the Government of Québec, will invest $1.8 billion in the province

Left to right: Dan Goldberg, Telesat; François Legault, Premier of Québec; Mike Greenley, CEO, MDA; Pierre Fitzgibbon, Minister of Economy and Innovation. Credit: Government of Québec

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.

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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.