All verified mentions of this organization in source documents.
Telesat has a pre-existing satcom business with established customers and regulatory standing.
Telesat has not yet started full satellite construction and could be over 2 years later to market than competitors like OneWeb and O3b mPOWER.
To achieve the target run rate revenue, Telesat must grow its annual data revenues, currently at $300 million, by approximately 8 times.
Telesat faces significant challenges including securing financing, keeping the Lightspeed program on-budget and on-schedule, and driving revenues from broadband SATCOM markets.
Telesat has global distribution and a revenue base exceeding $600 million generating high EBITDA margins and significant free cash flows.
The first Telesat Lightspeed satellite launches are planned for late 2023.
Telesat raised $500,000,000 in debt in April to help fund the Lightspeed project.
Telesat has secured about 1 billion Canadian dollars in funding support for Lightspeed from the federal government of Canada and Quebec’s provincial government.
Telesat has a deadline of 2025-03-31 to clear certain C-band spectrum.
SatixFy entered a deal with Canadian satellite operator Telesat to gain early access to modem chips that can support beam hopping for Telesat’s Lightspeed LEO constellation.
1080p YouTube streaming, video conferencing, WhatsApp voice over LTE, and interface compatibility were tested over Telesat’s Phase 1 LEO satellite.
Telesat intends to begin launching Telesat Lightspeed production satellites in approximately two years, and the Phase 1 LEO satellite is being used to demonstrate application performance ahead of the full Telesat Lightspeed network.
Telesat and TIM Brasil completed on-orbit testing across several applications with Telesat’s Phase 1 LEO satellite.
The tests used an 0.85 m Intellian parabolic antenna to uplink and downlink to Telesat’s Phase 1 LEO satellite.
In the final demonstration, Telesat completed a direct downlink from its Low Earth Orbit satellite network to a Ball-built electronically steerable Ka-band phased array mounted on a tactical vehicle.
Telesat joined the Ball-Microsoft team for the final demonstration to complete a direct downlink of data from its LEO satellite network to a Ball-built electronically steerable Ka-band phased array on a tactical vehicle.
Telesat secured a $500,000,000 bond in April as part of a debt package that will fund 60% of Lightspeed’s cost.
Telesat’s adjusted EBITDA fell 5% to 152 million Canadian dollars for the first quarter of 2021 compared with the same period in 2020.
Telesat could start a spectrum auction to help fund its $5,000,000,000 Lightspeed low Earth orbit constellation in a couple of months if the Government of Canada approves its proposal.
COVID-19 impacts on commercial aero and maritime markets caused Telesat revenues to 2020-12-06% to 190 million Canadian dollars for the first quarter of 2021 compared with the same period in 2020 on an FX-adjusted basis.