Telesat Corporation
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Company Description
- CEO
- Daniel S. Goldberg
- Full Time Employees
- 711
- Sector
- Communication Services
- Industry
- Telecommunications Services
- Address
- 160 Elgin Street Ottawa ON Canada K2P 2P7
- IPO Date
- Jul 27, 2005
- CIK
- 0001845840
- Website
- telesat.com
- Similar Companies
- Business
- Telesat Corporation Telesat Corporation (TSAT) is a leading global satellite communications company that provides mission-critical connectivity solutions through its fleet of geostationary (GEO) satellites and its developing low Earth orbit (LEO) Telesat Lightspeed network. The company offers broadcast services including direct-to-home television, video distribution, contribution, and occasional use services; enterprise connectivity solutions such as data communications, broadband services for offshore oil and gas, mining industries, and terrestrial networks supporting enterprise and retail activities; and consulting services for satellite-related projects. It operates primarily in a single segment serving broadcast, enterprise, government, telecom, maritime, and aeronautical customers worldwide, with a significant revenue base from Canada and additional geographic presence across North America, Europe, Asia-Pacific, and other regions. Founded in 1969 and headquartered in Ottawa, Ontario, Canada, Telesat is the fourth-largest fixed satellite services provider globally, owning and operating satellites while also managing capacity for other entities, including signals for major Canadian providers like Bell Satellite TV and Shaw Direct. In recent developments, Telesat completed $2.54 billion in funding agreements in 2024 with the governments of Canada ($2.14 billion loan) and Quebec for the Telesat Lightspeed LEO constellation, securing full financing for satellites, launches, ground stations, and support systems, with initial launches planned for mid-2026. The company entered a strategic partnership with Arabsat in March 2024 to integrate Lightspeed LEO services into multi-orbit offerings in the MENA region and purchased real estate in Timmins, Canada, for a Lightspeed landing station. In November 2025, Telesat announced a US$5 million equity investment in Farcast to develop fully integrated flat panel antenna user terminals for Lightspeed, targeting volume production in 2027, while reaffirming 2025 guidance amid progress toward the 2026 constellation deployment.
Company News
Orange and Telesat inaugurate Europe's first Telesat Lightspeed Gateway in France
Telesat and SatPort Infrastructure sign global build-to-suit agreement to expand Telesat Lightspeed ground network
Telesat Named to the TSX30, Ranking Among the Top Performing Stocks on the Toronto Stock Exchange
Telesat named to the TSX30, ranking among the top performing stocks on the Toronto Stock Exchange
Farcast completes Telesat Lightspeed antenna technology demonstration milestone
Telesat: Lightspeed's Strategic Value Is The Bull Case
Telesat Q2 Earnings Call Highlights
Telesat Corporation (TSAT) Q2 2026 Earnings Call Transcript
Telesat reports results for the three and six months ended June 30, 2026
A Look at Telesat Corp (TSAT) After 3.2% Gain -- GF Value $7.73 vs Price $61.40
Telesat (TSAT) Moves 36.3% Higher: Will This Strength Last?
Telesat Corporation (TSAT) Discusses New Contract and Updated Financial Outlook Transcript
Telesat Lands Record $1.9B Canada Deal, Expands Lightspeed Constellation
MDA SPACE AWARDED $474 MILLION TO EXPAND THE TELESAT LIGHTSPEED LEO CONSTELLATION
Telesat schedules second quarter 2026 earnings conference call for August 13, 2026
Telesat prepared to execute FCC Upper C-band transition plan
3 Stocks to Watch From the Satellite and Communication Industry
Telesat's Asset-Light Potential Versus SpaceX's Financial Clout
Telesat announces changes to Board of Directors
Telesat donates satellite capacity to support Venezuela's recovery efforts