Lightspeed Venture Partners is a global venture capital firm that focuses on early-stage and growth-stage investments across various sectors, including enterprise, fintech, consumer, and healthcare. While not exclusively focused on space, Lightspeed has demonstrated interest in the space industry through investments in companies like Vector, a revolutionary launch platform for small satellites. The firm manages approximately $25 billion in assets and has offices in multiple locations including Menlo Park, California, and internationally.
All verified mentions of this organization in source documents.
The Lightspeed global service launch was delayed by three months because of the development timeline for SatixFy application-specific integrated circuits that power the satellite payloads.
Telesat now targets Q1 2028 for full global commercial service launch for Lightspeed, after initially expecting late 2027.
Telesat’s Lightspeed backlog was CA$1 billion at the end of 2025.
Telesat signed a multi-year service agreement with Viasat to integrate Lightspeed into aviation and maritime portfolios.
Telesat forecasts total Lightspeed spending of $1.0 billion to $1.2 billion in 2026.
Telesat plans to add 500 MHz of military Ka-band spectrum to 156 Lightspeed satellites.
The Lightspeed schedule slip is due to delays with the application-specific integrated circuit supplied by SatixFy.
Telesat’s first Lightspeed satellites are scheduled to launch at the end of 2025.
Telesat’s Lightspeed constellation was previously targeted to enter service around the end of 2027.
Telesat added 500 MHz of military Ka-band spectrum to its Lightspeed low Earth orbit constellation of 156 satellites.
Telesat is reallocating 25% of the Lightspeed constellation’s capacity to dedicated military Ka-band spectrum.
Telesat’s Lightspeed low-Earth orbit constellation will enter service around the end of the first quarter of 2028.
Telesat’s Lightspeed service is positioned to support Canada’s Enhanced Satellite Communications Project – Polar.
Telesat expects 96 Lightspeed satellites to be in orbit by the end of 2027.
Telesat is adding 500 MHz of military-Ka-band capacity to its future Lightspeed constellation.
Two Lightspeed satellites with military-Ka-band capability are scheduled to launch in December.
Telesat plans to begin commercial service for Lightspeed in spring 2028.
Norway and the United Kingdom are next targets for Telesat’s Lightspeed.
Telesat reduced the number of initial Lightspeed satellites to help contain costs driven by inflation and pandemic-related supply chain shortages.
Mark Carney proposed that Australia become part of Telesat’s Lightspeed.