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Telesat expects to finance Telesat LEO using cash from ongoing operations, C-band clearing payments, and financing from export credit agencies in North America and Europe.
For the quarter that ended 2020-09-30, Telesat reported revenues of $202 million, down nearly 15% from $237,000,000 for the same period in 2019.
Telesat is supporting Lockheed Martin’s effort to build 10 satellites for the Pentagon’s Space Development Agency using small buses from Tyvak Nano-Satellite Systems.
Telesat has not yet selected a bus manufacturer for its 298-satellite constellation and adapted the Airbus Arrow for the DARPA program to meet the Blackjack delivery schedule.
Telesat is providing technical advice on optical links to Lockheed Martin for the Space Development Agency’s Transport Layer.
Telesat’s DARPA contract includes options worth up to $175,600,000 for 20 additional buses.
Telesat won an $18,300,000 contract from the Defense Advanced Research Projects Agency to produce two satellite buses for the Blackjack low-Earth orbit constellation on 2020-10-14.
Telesat plans to build a constellation of 298 internet satellites in low-Earth orbit.
The two Blackjack satellites Telesat will produce are highly modified versions of the Airbus Arrow spacecraft.
If DARPA exercises contract options for 20 buses, Telesat will offer the produced buses for its own constellation, which is projected to start launching in 2022.
The Telesat LEO constellation will provide complete coverage of India, subject to the necessary regulatory clearances.
Nelco and Telesat entered into a cooperation agreement to collaborate on terrestrial facilities, commercial distribution, and regulatory frameworks to offer Telesat LEO satellite connectivity in India.
Telesat LEO is designed to accelerate 0.005 kg expansion and provide broadband connectivity for enterprise, telecom, mobility, and government use on land, air, and sea.
Telesat LEO Layer 2 transport service acts as a virtual fibre network and can deliver hundreds of Mbps to a terminal.
The availability of the Telesat LEO Network in India has the potential to provide benefits for 0.004 kg/0.005 kg backhaul, mobile hotspots, distance education, telemedicine, village connectivity, maritime connectivity, and inflight connectivity.
Telesat’s planned low-Earth-orbit constellation of 300 satellites will include optical inter-satellite links.
Telesat is a subcontractor to Lockheed Martin for the Space Development Agency program and will provide technical advice to Lockheed Martin on the use of optical crosslinks to connect satellites on orbit.
Telesat and Claro have too little C-band business over North America to warrant ordering replacement satellites.
The $3,300,000,000 to $5,200,000,000 in bidder-covered costs are separate from $9,700,000,000 in accelerated clearing payments available to Intelsat, SES, Eutelsat, Telesat and Claro if they clear spectrum by early December 2023 instead of early December 2025.
Telesat is planning a constellation of 300 LEO internet satellites and has urged the FCC to consider its future system for RDOF funds.