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Pixxel raised $36,000,000 in a Series B funding round that included new investor Google and existing investors Radical Ventures, Lightspeed, Blume Ventures, growX, Sparta, and Athera.
Pixxel raised $36,000,000 in a Series B funding round that included new investor Google and existing investors Radical Ventures, Lightspeed, Blume Ventures, GrowX, Sparta, and Athera.
Once launched and on-station, LEO 3 will operate under an existing ITU network filing for Telesat Lightspeed.
Once deployed to orbit, LEO 3 will operate under an existing ITU network filing for Telesat Lightspeed, Telesat’s enterprise-class LEO constellation.
Once deployed to orbit, LEO 3 will operate under an existing ITU network filing for Telesat Lightspeed.
Telesat expects to start deploying Lightspeed satellites around 2026, six years later than originally planned.
The $3,000,000,000 that Telesat has lined up represented about two-thirds of Lightspeed’s budget before inflation and supply chain issues added at least $250,000,000 in costs last year.
Telesat has lined up about $3,000,000,000 for Lightspeed via internal resources and Canadian government funding.
Thales Alenia Space is contracted to build nearly 200 Lightspeed satellites.
Telesat expects to start deploying satellites for the Lightspeed constellation around 2026, six years later than originally planned.
Telesat intends to provide service continuity for some geostationary customers by moving them to the Lightspeed constellation.
Lightspeed has secured approximately 750 million Canadian dollars in customer commitments (about $555,000,000).
Prime manufacturer Thales Alenia Space’s inflation and supply chain issues increased Lightspeed’s costs by at least $250,000,000.
Telesat expects to invest between 40 million and 70 million Canadian dollars on Lightspeed in the current year, subject to change if the project’s financing and construction program is finalized.
Anuvu expanded a capacity leasing deal with Telesat that uses terminals designed to be forward-compatible with Telesat Lightspeed.
Anuvu’s February 2022 agreement with Telesat covered capacity on geostationary satellites using terminals designed to be forward‑compatible with Telesat’s proposed Lightspeed LEO constellation.
The upcoming Telesat Lightspeed network is designed to provide enterprise-class low Earth orbit connectivity with flexibility and resiliency to meet government mission requirements in contested space environments.
Ofcom granted Telesat a license to connect broadband terminals in the U.K. to its planned Lightspeed non-geostationary orbit (NGSO) constellation.
Telesat has lined up more than 4 billion Canadian dollars so far for Lightspeed funding from existing financial resources and commitments from the Canadian government.
Telesat expects supply issues have added another $250,000,000 to $500,000,000 on top of Lightspeed's original $5,000,000,000 budget.