Loral Space & Communications
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As one of the largest and most innovative global satellite operators, Telesat works collaboratively with its customers to deliver critical connectivity solutions that tackle the world’s most complex communications challenges.
Aug 12, 2021 · Telesat Lightspeed will enable broadband Internet and LTE and 5G connectivity in Canada starting in 2024, ultimately connecting approximately 40,000 households in rural and remote regions.
Telesat delivers satellite communications and consulting services, tailored to the needs of businesses and communities around the world, designed to accelerate connectivity.
Apr 1, 2024 · Telesat and Government of Canada Agree to Terms on C$2.14 Billion Loan in Support of Telesat Lightspeed. Government of Canada to receive warrants for 10% of the common shares of Telesat LEO Inc. based upon an equity valuation of US$3 billion.
Telesat began in 1969 as Telesat Canada, a Canadian Crown corporation created by an Act of Parliament. Telesat Canada launched Anik A1 in 1972 as the world's first domestic communications satellite in geostationary orbit operated by a commercial company; this satellite was retired from use in 1981. [citation needed] Until February 1979, Telesat had a legal monopoly on Earth stations in Canada ...
Aug 12, 2021 · Canada said it will loan Telesat, an Ottawa-based satellite communications firm, C$790 million, while purchasing C$650 million in preferred stock in the LEO unit, called Telesat Lightspeed.
Jan 11, 2022 · Telesat has secured $2.6-billion in government funding, including $1.44-billion from Ottawa, and plans to start offering service in Northern Canada by the end of 2023, with full global coverage...
Jan 10, 2023 · After half a century of operation, Telesat – one of Canada’s largest and oldest communications companies – is trying to transform itself with a new constellation of satellites.
Aug 12, 2021 · Telesat Lightspeed will bridge the digital divide, create hundreds of new high-quality jobs in Canada, spur domestic investment and exports, and ensure Canada is at the forefront of the rapidly-growing New Space Economy.
Apr 1, 2024 · The letter states that, following several months of negotiations between Telesat and federal officials, the Government of Canada (GoC) is prepared to invest C$2.14 billion in Telesat...
