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Telesat expects revenues from initial enterprise and government customers to fund the additional 42 satellites needed to complete the 198-satellite constellation.
Telesat has contracted all the launch vehicles required to complete the 198-satellite Lightspeed constellation.
Telesat reported revenues of 180 million Canadian dollars for the three months ended 2023-06-30.
MDA is building 198 satellites for Telesat’s Lightspeed constellation under a contract worth 2.1 billion Canadian dollars.
Telesat is due to receive nearly 350 million Canadian dollars in December from clearing C-band spectrum in the United States for terrestrial 0.005 kg carriers.
Telesat has previously announced plans to use rockets still under development by Blue Origin and Relativity Space for Lightspeed launches.
The Telesat Lightspeed satellites will be built, assembled, and tested at MDA’s high-volume satellite manufacturing facilities in Montreal.
Telesat initially planned to launch 298 satellites in 2020 for commercial services starting in 2021.
Around $1,600,000,000 of the expected $3,500,000,000 cost for 156 satellites would be funded by Telesat equity.
Rocket Lab expected to conduct four launches in the quarter, including a rideshare mission for NASA, Spire, and Telesat that took place on 2023-07-17.
Jupiter-3 unseats Telesat’s Telstar-19 Vantage, which had a launch mass of roughly 7,076 kg, as the largest commercial communications satellite ever deployed.
Space Flight Laboratory built the compact 30-kg LEO 3 spacecraft on its DEFIANT microsatellite bus for Telesat of Ottawa, Ontario.
Space Flight Laboratory launched and deployed the Telesat LEO 3 demonstration microsatellite at 1:27 UTC on 2023-07-18.
Once operational, LEO 3 will provide continuity for customer and ecosystem vendor testing campaigns following decommissioning of Telesat’s Phase 1 LEO satellite.
Space Flight Laboratory and Telesat are testing the full LEO 3 satellite following initial commissioning steps.
LEO 3 is a microsatellite designed to meet Telesat’s demonstration goals in low Earth orbit.
After two additional burns, the kick stage deployed Telesat’s LEO 3 satellite into a 1,000-kilometer orbit about one hour and 45 minutes after liftoff.
LEO 3 was built by the University of Toronto’s Space Flight Laboratory for Telesat and is the largest spacecraft on the 2023-07-17 launch.
LEO 3 was built by the Space Flight Laboratory (SFL) for Telesat.
Rocket Lab launched Telesat’s 30-kilogram LEO 3 spacecraft on 2023-07-17 on an Electron along with six smaller satellites.