Core Points - Telesat and Space Norway have signed a Term Sheet for Telesat Lightspeed Low Earth Orbit (LEO) connectivity services, marking a significant partnership in satellite communications [1][5] - Space Norway aims to integrate a multi-Gbps Telesat Lightspeed capacity pool into its service offerings, enhancing secure, low-latency connectivity for various sectors including defense and enterprise [2][4] - The Telesat Lightspeed network is designed with a Zero-Trust Architecture and strict cybersecurity standards, ensuring resilient communications for Norway and allied partners in the Arctic region [3][7] Company Overview - Telesat is recognized as one of the largest and most innovative global satellite operators, focusing on delivering critical connectivity solutions to address complex communication challenges [6] - Space Norway is a leading satellite operator in Northern Europe, providing advanced satellite solutions across various sectors including government, defense, and commercial industries [8][9] Strategic Importance - The partnership with Telesat is seen as a natural progression in Space Norway's multi-orbit strategy, leveraging advanced architecture and inter-satellite links to meet national security and privacy standards [4][5] - Telesat Lightspeed is positioned to redefine global satellite connectivity with high-capacity, secure, and resilient links, catering to the rigorous demands of telecom, government, maritime, and aeronautical customers [7]

Telesat Lightspeed Landing Station will be hosted at Orange’s teleport in Bercenay-en-Othe France, with the provision of ground connectivity to Telesat’s PoP.Long-term partnership includes capacity from the Telesat Lightspeed Low Earth Orbit (LEO) constellation for integration into Orange Wholesale’s portfolio of solutions for businesses and telecom operators. WASHINGTON, March 11, 2025 (GLOBE NEWSWIRE) -- Orange, one of the world’s leading telco operators and digital service providers, and Telesat (Nasdaq ...

WASHINGTON, March 10, 2025 (GLOBE NEWSWIRE) -- Telesat (NASDAQ and TSX:TSAT), one of the world's largest and most innovative satellite operators, and QEST Quantenelektronische Systeme GmbH ("QEST"), one of the leading suppliers of antennas for aeronautical connectivity, today announced the signing of a development contract for a Telesat Lightspeed Aero Flat Panel Antenna (FPA). Under the terms of the agreement, QEST will extend their patented FPA antenna technology for Telesat Lightspeed, including the deve ...

OTTAWA, Ontario and PYEONGTAEK, South Korea, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Telesat (NASDAQ and TSX: TSAT), one of the world’s largest and most innovative satellite operators, and Intellian, a global leading provider of satellite communication antennas and ground gateway solutions, today announced a contract award for Intellian to design and manufacture Ka-band flat panel User Terminals for the Telesat Lightspeed Low Earth Orbit (LEO) constellation. Under this agreement, fully optimized Ka-band LEO flat ...

Scholarship recipients to reflect Canada’s broad diversity and Telesat’s commitment to advancing careers in engineering and technologyOTTAWA, Ontario, Feb. 25, 2025 (GLOBE NEWSWIRE) -- Telesat (NASDAQ and TSX: TSAT), one of the world’s largest and most innovative satellite operators, today announced the company is accepting applications for its two marquee scholarship programs—the fifth annual National Women in Technology and Engineering scholarship program and third annual Fellowship for Indigenous Youth p ...

Leadership Changes - Michel Forest will succeed David Wendling as Chief Technology Officer (CTO) at Telesat, overseeing satellite operations, satellite and systems engineering, launch activities, and program management [5][7] - Asit Tandon joins Telesat as Chief Network and Information Officer, responsible for the terrestrial elements of the Telesat Lightspeed network, including Network Operations systems, facilities, and corporate IT systems [2][7] Telesat Lightspeed Program - Telesat Lightspeed is a state-of-the-art Low Earth Orbit (LEO) satellite network designed to meet the connectivity demands of telecom, government, maritime, and aeronautical customers [3] - The network aims to provide ubiquitous, affordable, high-capacity, secure, and resilient links with fibre-like speeds, redefining global satellite connectivity [3] Executive Expertise - Michel Forest brings extensive experience from his role as Vice President of LEO System Engineering at Telesat, where he led the architecture and system performance of the Telesat Lightspeed constellation [1] - Asit Tandon has a distinguished career in planning, deploying, and operating telecom networks, with leadership roles at Rogers Communications, Hutchison-3 Indonesia, Bharti Airtel, and Siemens Ltd [2] Company Overview - Telesat is one of the largest and most innovative global satellite operators, with a 55-year track record of revolutionizing satellite connectivity [4] - The company collaborates with customers to deliver critical connectivity solutions that address complex communications challenges, driving profitable growth [4]

OTTAWA, Ontario and ARLINGTON, Va., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Telesat (NASDAQ and TSX: TSAT), one of the world’s largest and most innovative satellite operators, today announced the appointment of Charles “Chuck” Cynamon as its new President of Telesat Government Solutions, a wholly-owned subsidiary of Telesat that provides resilient and secure satellite solutions to the U.S. Government civil, military and intelligence sectors. Mr. Cynamon brings deep knowledge, expertise and leadership acumen from ...

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use tried-and-true metrics and fundamental ...

OTTAWA, Ontario and BRAMPTON, Ontario, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Telesat (NASDAQ and TSX: TSAT), one of the world’s largest and most innovative satellite operators, and MDA Space (TSX: MDA), a trusted mission partner to the rapidly expanding global space industry, today announced that they have concluded a key phase in the Telesat Lightspeed low Earth orbit (LEO) constellation program with the successful completion of the spacecraft Preliminary Design Review (PDR). The PDR is a critical checkpoint i ...

Telesat (TSAT) came out with a quarterly loss of $0.08 per share versus the Zacks Consensus Estimate of a loss of $0.36. This compares to loss of $3.80 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 77.78%. A quarter ago, it was expected that this satellite communications company would post earnings of $2.47 per share when it actually produced a loss of $2.87, delivering a surprise of -216.19%. Over the last four quarters, t ...