Telesat is a Canadian satellite communications company and operator, providing connectivity solutions to telecom, government, and enterprise clients globally. They are currently developing Telesat Lightspeed, a low Earth orbit (LEO) constellation of 198 satellites designed for high-speed, low-latency broadband services. Telesat partners with companies like MDA Space, Orange, and Intellian for satellite manufacturing, terrestrial infrastructure, and user terminals. The company aims to begin launching satellites in 2026, with the constellation fully operational by 2027.
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Telesat has C$401 million in cash reserves.
The DragonSCALSTM product has already been adopted in the satellite networks of Telesat's 'Lightspeed' and MDA Space's satellite 'AURORA'.
Telesat Lightspeed is a LEO satellite constellation intended to provide an advanced global network delivering enterprise-class connectivity to customers worldwide.
Telesat selected MDA Space as the prime satellite contractor for the Telesat Lightspeed constellation in 2023.
Telesat awarded an initial order for 198 satellites to MDA Space powered by MDA AURORA digital satellite technology.
Telesat has contracted 14 launches from SpaceX starting in mid-2026 to deploy all 198 Lightspeed satellites within a year.
Telesat plans to begin launching Telesat Lightspeed satellites in 2026.
MDA Space is constructing a new high-volume satellite manufacturing facility in Montreal where the Telesat Lightspeed satellites will be produced.
Telesat Lightspeed is a low Earth orbit satellite network designed to provide enterprise-class connectivity worldwide.
On 2024-12-04, Telesat and MDA Space completed the spacecraft Preliminary Design Review for the Telesat Lightspeed low Earth orbit constellation.
Telesat CEO Dan Goldberg believes Starlink will continue to gain market share but will not take 100% of the market.
The Telesat Anik series is a fleet of geostationary communications satellites launched for Telesat Canada between 1972 and 2013.
The MDA AURORA™ supply chain will help support product deliveries for Telesat’s LEO satellite constellation Telesat Lightspeed.
Telesat of Canada is developing the Lightspeed LEO constellation.
SpaceX is scheduled to start launching Telesat Lightspeed satellites in mid-2026 for commercial services the following year.
Telesat (NASDAQ and TSX: TSAT) and Intellian signed a contract for Intellian to design, supply, install, and integrate 127 Gateway Antenna Systems at Landing Stations for the Telesat Lightspeed Low Earth Orbit constellation.
Telesat plans to deploy and integrate its global terrestrial infrastructure with Telesat Lightspeed space assets to deliver services globally in 2027.
Anuvu plans to provide capacity from low Earth orbit using satellites that SpaceX is slated to start deploying in mid-2026 for Canadian GEO operator Telesat’s Lightspeed constellation.
Telesat secured government funds in September covering more than half of the $3,500,000,000 Lightspeed cost and plans to use its own equity to finance much of the remaining amount.
Telesat is conducting demonstrations for potential Lightspeed government and enterprise customers with a prototype called LEO 3 that Rocket Lab launched last year.