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.

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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 Inc. Boucher has 20 years working in various roles in the space industry and a total of 28 years as a technology entrepreneur including creating Maple Square, Canada's first internet directory and search engine.