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Telesat advances Telesat Lightspeed terrestrial network with new Quebec and Saskatchewan landing station sites
Globenewswire· 2026-03-10 11:30
Core Insights - Telesat has announced the acquisition and lease of land for new landing stations in Saskatchewan and Quebec to enhance its Telesat Lightspeed Low Earth Orbit (LEO) satellite network [1][2][3] Group 1: Company Developments - The new landing stations will facilitate data routing between the Telesat Lightspeed LEO satellite network and major fibre and internet exchange points, improving network resiliency and performance [1][3] - Telesat Lightspeed is the largest space program in Canada's history, aimed at expanding terrestrial telecom networks and bridging the digital divide with secure, high-speed broadband connectivity [2][5] - Site preparation for the Quebec landing station is underway, with completion expected in Q3 2026, while the Saskatchewan sites are anticipated to be finished by the end of 2026 [3] Group 2: Strategic Importance - The strategically located facilities in Saskatchewan and Quebec will strengthen connectivity across Canada and contribute to a global terrestrial foundation ahead of Telesat's first satellite launch scheduled for December [3] - The initiative supports Canada's economic growth and reinforces the protection of Arctic and northern territories by enabling next-generation digital services [2]
Telesat Schedules Second Quarter 2025 Earnings Conference Call for August 6, 2025
Globenewswire· 2025-07-30 11:00
Core Viewpoint - Telesat is set to discuss its financial results for the second quarter of 2025 during a conference call scheduled for August 6, 2025, at 10:00 a.m. EDT, hosted by its CEO and CFO [1]. Group 1: Financial Results Announcement - Telesat will release its financial results prior to the conference call, which will be available on its website under the "Investors" section [2]. - The conference call will provide insights into the company's performance for the three and six month periods ended June 30, 2025 [1]. Group 2: Conference Call Details - The toll-free dial-in number for the teleconference is +1-800-715-9871, with an alternative number for international callers [2]. - A replay of the teleconference will be available from one hour after the call until August 20, 2025 [3]. Group 3: Company Overview - Telesat is recognized as one of the largest and most successful global satellite operators, known for its engineering excellence and customer service [4]. - The company is focused on delivering critical connectivity solutions to address complex communication challenges, aiming to enhance operations and drive growth [4]. Group 4: Innovation and Future Connectivity - Telesat Lightspeed, the company's advanced Low Earth Orbit (LEO) satellite network, is designed to meet the connectivity demands of various sectors including telecom and government [5]. - The network aims to provide high-capacity, secure, and resilient links with speeds comparable to fiber optics, redefining global satellite connectivity [5].
Telesat Announces Results of 2025 Annual General Meeting of Shareholders
Globenewswire· 2025-06-19 15:00
Core Points - Telesat Corporation held its annual general meeting of shareholders on June 17, 2025, where all items of business were approved, including the appointment of Deloitte LLP as auditors and the election of director nominees [1][2] Group 1: Shareholder Voting Results - All director nominees were elected with significant support, with Michael B. Targoff receiving the highest votes for at 47,938,568 and Jane Craighead receiving the lowest at 46,146,974 [2] - The votes withheld for each nominee varied, with the highest being Jane Craighead at 2,775,795 and the lowest being Michael B. Targoff at 984,205 [2] Group 2: Company Overview - Telesat is recognized as one of the largest and most innovative satellite operators globally, known for its engineering excellence and customer service [3] - The company focuses on delivering critical connectivity solutions to address complex communication challenges, enhancing operations and driving growth for its customers [3] Group 3: Future Innovations - Telesat Lightspeed, the company's Low Earth Orbit satellite network, aims to meet future connectivity demands with high-capacity, secure, and resilient links that offer fibre-like speeds [4] - The network is designed to serve various sectors, including telecom, government, maritime, and aeronautical customers, redefining global satellite connectivity [4]