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Telesat's financial and legal advisers, PJT Partners Inc. and Kirkland & Ellis, were expected to meet with creditor representatives this past Tuesday.
James Murray is a partner at investment bank PJT Partners and views 2021 as a strong time to raise capital for ventures in and around space.
PJT Partners serves as an advisor to HawkEye 360, a firm operating satellites to pinpoint the origin of radio frequency signals.
RRE Ventures and PJT Partners produced a study that estimates companies can build, launch, and operate constellations to gather global Earth imagery at one-meter resolution for $300,000,000.
Jim Murray of PJT Partners believes that only a fraction of the proposed small satellites will actually be launched.