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Telesat and Government of Canada Agree to Terms on C$2.14 Billion Loan in Support of Telesat Lightspeed

Image of Earth and orbital lines representing Telesat Lightspeed satellite orbits

Telesat (NASDAQ and TSX: TSAT), one of the world’s largest and most innovative satellite operators, announced that on March 28, 2024, Telesat received a letter from Canada’s Minister of Innovation, Science and Industry regarding an investment in Telesat Lightspeed. 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 Lightspeed by way of a loan to Telesat LEO Inc., a wholly owned subsidiary of Telesat, that is developing and will own and operate the highly advanced Telesat Lightspeed Low Earth Orbit (LEO) global broadband satellite constellation.

Telesat Reports Results for the Quarter and Twelve Months Ended December 31, 2023

Telesat (NASDAQ and TSX: TSAT), one of the world’s largest and most innovative satellite operators, today announced its financial results for the three-month and one-year periods ended December 31, 2023. All amounts are in Canadian dollars and reported under International Financial Reporting Standards (IFRS) unless otherwise noted.

Fourth Quarter 2023 Earnings Conference Call

Telesat (NASDAQ and TSX: TSAT), one of the world’s largest and most innovative satellite operators, has scheduled a conference call on Thursday, March 28, 2024 at 10:30 a.m. ET to discuss its financial results for the three month and one year periods ended December 31, 2023. The call will be hosted by Daniel S. Goldberg, President and Chief Executive Officer, and Andrew Browne, Chief Financial Officer, of Telesat. 

ThinKom and Telesat Expand Agreement for Low Earth Orbit Operations

commercial airplane highlighting the satellite antenna communications

Telesat (NASDAQ and TSX: TSAT), one of the world’s largest and most innovative satellite operators, and ThinKom Solutions, Inc., a leading designer and manufacturer of high performance satcom antennas, today announced an expanded development partnership to certify ThinKom’s ThinAir Ka2517 antenna for the Telesat Lightspeed Low Earth Orbit (LEO) satellite network.

Telesat Opens Annual Scholarship Programs for Women & Indigenous Students

Two women working together in a technical lab

Telesat (NASDAQ and TSX: TSAT), one of the world’s largest and most innovative satellite operators, today announced that applications are now being accepted for its two marquee scholarship programs—the fourth annual National Women in STEM scholarship program and the company’s second annual Fellowship for Indigenous Youth program.

Telesat Selected as One of the National Capital Region’s Top Employers for 2024

Telesat is selected as a NCR's top employer for 2024 with exterior image of Telesat building on Elgin Street in Ottawa

Telesat (NASDAQ and TSX: TSAT), one of the world’s largest and most innovative satellite operators, today announced its selection as a National Capital Region’s Top Employer for 2024 by Mediacorp Canada Inc., organizers of the annual Canada’s Top 100 Employers project. This prestigious recognition underscores Telesat’s commitment to creating an exceptional workplace environment and fostering a culture of excellence.

Mage Networks Signs Memorandum of Understanding for Telesat Lightspeed Services

Telesat Lightspeed constellation in space with Mage Networks & Telesat logos

Telesat (NASDAQ and TSX: TSAT), one of the world’s largest and most innovative satellite operators, and Mage Networks, a leading Internet Service Provider and technology developer, today announced the signing of a Memorandum of Understanding (MOU) for Telesat Lightspeed Low Earth Orbit (LEO) satellite services.

Telesat Government Solutions Awarded DARPA Space-BACN Phase 2 Contract

Earth seen from space with stylized lines and satellites orbiting

ARLINGTON, VA – November 29, 2023 – Telesat Government Solutions, a wholly owned subsidiary of leading satellite operator Telesat, today announced that it was awarded the Phase 2 contract of the Defense Advanced Research Projects Agency (DARPA) Space-Based Adaptive Communications Node (Space-BACN) program.

Telesat Selects Aalyria’s Spacetime for Orchestration of Its Revolutionary Telesat Lightspeed Constellation

stylized skyline that is dark blue and black with Telesat logo and Aalyria logo

OTTAWA, ON, CANADA and PALO ALTO, CA, USA – November 14, 2023 –Telesat (NASDAQ and TSX: TSAT), one of the world’s largest and most innovative satellite operators, and Aalyria, a leading advanced networking and laser communications technologies company, today announced an Agreement to deploy Aalyria’s Spacetime next-generation networking technology to organize the efficient flow of customer traffic over the Telesat Lightspeed Low Earth Orbit (LEO) satellite constellation.

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