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Dish Network renewed a contract to use Telesat’s Anik F3 Ku-band satellite for at least another two years at a lower rate.
Telesat estimated its LEO constellation could capture 1% of a total addressable market worth 430 billion Canadian dollars, implying revenue of 4.3 billion Canadian dollars.
Telesat reported 186 million Canadian dollars in revenue for the three months to the end of March, a 2% decrease compared with the same period in 2021 when adjusted for foreign exchange rates.
Telesat reduced planned low Earth orbit satellites from 298 to 188 operational satellites plus 10 in-orbit spares to keep the project within a $5,000,000,000 budget.
Thales Alenia Space encountered supply chain shortages in October that pushed Telesat Lightspeed’s planned debut out by one year to 2026.
Telesat previously planned to provide 15 terabits of capacity with 298 operational LEO satellites.
Telesat expects the Lightspeed project to continue to cost $5,000,000,000 despite downsizing the constellation.
Telesat plans to order 188 satellites plus 10 in-orbit spares from Thales Alenia Space for the Telesat Lightspeed network.
Telesat’s proposed CSP approach targets routine missions for spacecraft in low-Earth orbit using geostationary C-band and LEO Ka-band relay networks.
Telesat U.S. Services won a $30,650,000 CSP award to demonstrate services using a mix of GEO satellites and constellations in LEO and MEO.
Telesat U.S. Services LLC of Arlington, Virginia, received a $30,650,000 CSP award to demonstrate commercial RF geostationary C-band and low-Earth-orbit Ka-band relay networks for high- and low-rate communications services.
Telesat Government Solutions operates under the trade name Telesat U.S. Services, LLC (dba Telesat Government Solutions).
Through the Facility Clearance, Telesat Government Solutions will engage directly with the U.S. Government and key personnel to design and deliver advanced connectivity solutions for critical and classified national security missions.
Telesat announced separate 2019 contracts with Blue Origin and Relativity Space for an unspecified number of New Glenn and Terran 1 launches for Lightspeed.
Telesat delayed Lightspeed’s service debut by one year to 2026 due to production delays.
Telesat Government Solutions began the Facility Clearance process with the Defense Counterintelligence and Security Agency in August 2020.
Telesat is considering initially ordering 188 satellites to reach global coverage instead of ordering the full original complement.
Telesat has a study contract with the Defense Advanced Research Projects Agency for the Blackjack program that involves two spacecraft slated to launch in October to low Earth orbit at roughly the same altitude as Telesat’s planned Lightspeed network.
Telesat’s initial projected Lightspeed program cost was $5,000,000,000 and inflationary pressures are increasing that projected cost.
Telesat gained the security clearances it needs to sell directly to U.S. government customers on 2022-04-04.