Loral Space & Communications Inc.
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Bernard Schwartz
- Full Time Employees
- 12
- Sector
- Communication Services
- Industry
- Telecommunications Services
- Address
- 600 5th Ave Fl 16 New York City NY United States of America 10020
- IPO Date
- Jul 27, 2005
- CIK
- 0001006269
- Website
- loral.com
- Similar Companies
- Business
- Loral Space & Communications Inc. is a Delaware-domiciled satellite communications company primarily engaged in providing satellite-based communications services through ownership interests in affiliates, notably Telesat Canada. The company manufactures and operates satellite communication capacity including broadcast transponder leasing; domestic and international corporate data networks; global wireless telephony; broadband data transmission; and end-to-end communications services utilizing both satellite and hybrid satellite-ground networks. Loral's services target direct-to-home (DTH) video distribution providers, internet service providers, network integrators, telecommunications carriers, corporations, governments, and government agencies, serving a global customer base. Founded in 1948 and headquartered in New York, Loral operates primarily through its controlling interest in Telesat, which manages a global fleet of geostationary (GEO) and low earth orbit (LEO) satellites providing broadband internet, voice, video, and data services worldwide. Core service segments include satellite transmission capacity for broadcasters and enterprise clients, satellite data networks for telecom carriers and integrators, maritime and aeronautical broadband services, government satellite communication solutions, and retail VSAT network operations in Canada. A major recent development includes Loral's strategic transaction with Public Sector Pension Investment Board (PSP Investments) and Telesat to merge and form "New Telesat," an expanded publicly traded Canadian satellite operator, completed in late 2021. This consolidation facilitates advanced development and deployment of next-generation LEO satellite constellations aimed at globally revolutionizing broadband internet connectivity. Further, in November 2025, PSP Investments and Loral completed the acquisition of Telesat Canada for approximately CAD 3.25 billion, integrating Loral Skynet's assets into Telesat and expanding its satellite fleet to 12 active satellites with additional satellites under construction. This strategic expansion enhances Loral's position as a leading global satellite service provider and strengthens its fleet and infrastructure capabilities for broadband, enterprise, and government customers. Through these actions, Loral continues evolving its satellite communications offering and expanding global market reach across North America, Europe, Asia, and other international regions, emphasizing innovation in satellite constellations, hybrid networks, and comprehensive telecommunication solutions.
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