Telesat to go public, but is it moving fast enough?

Telesat Low Earth Orbit (LEO) satellite constellation. Credit: Telesat.

Telesat Canada today announced it plans to become a public company after coming to an agreement with its two largest shareholders, U.S. based Loral Space & Communications and Canada's Public Sector Pension Investment Board (PSP Investments). The move which was expected comes at a time when two of its competitors are poised to begin rolling out their full services months, if not a year before Telesat is ready.

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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.