Telesat Corporation
TSAT.TO
Toronto Stock Exchange65.43
CAD
-1.49
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Telesat Corporation
TSAT.TO
(Toronto Stock Exchange)
Recent
price
65.43
P/E
ratio
- -
div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Telesat Corporation is a leading global satellite operator specializing in the provision of satellite-based communication services. The company’s core products and services include Geostationary Earth Orbit (GEO) satellite services for direct-to-home (DTH) television providers, internet service providers (ISPs), network service integrators, telecommunications carriers, corporations, and government agencies. Telesat operates a fleet of satellites that support video distribution, broadband internet, corporate networks, inflight connectivity, maritime connectivity, internet backhaul, and wireless backhaul. A major focus is on its advanced Low Earth Orbit (LEO) satellite constellation, Telesat Lightspeed, designed to deliver ultra-low latency, high-speed broadband connectivity with fiber-like performance globally. This network leverages approximately 298 interconnected LEO satellites to provide scalable, resilient, and secure internet and data communications services worldwide. Founded in 1969 and headquartered in Ottawa, Canada, Telesat serves a broad range of markets across North America and globally. Its key operational segments include government solutions, corporate networks, and residential broadband services. The company collaborates with multiple technology partners to enhance user terminals and ground infrastructure, providing enterprise-class flat panel antennas that support the deployment and expansion of the Lightspeed network. Recent major changes include an expanded partnership with Farcast to develop advanced satellite user terminals, a $5 million strategic investment to support Lightspeed capabilities, and a contract with SatixFy valued at $39 million to develop landing station baseband units for Lightspeed. Additionally, Telesat has been actively reducing its debt by 36% and optimizing its capital structure, with plans to deploy the full Lightspeed constellation by the end of 2027. The company is also focused on integration of AI technologies to improve network efficiency and scalability. These strategic developments highlight Telesat’s commitment to the rapid commercial rollout of its Lightspeed LEO broadband services and its ongoing leadership in the satellite communications industry. Telesat’s recent financial performance reflects a transitional phase marked by investments in Lightspeed and some revenue reductions in its GEO segment, while it expects growth from the new LEO broadband offerings. The company positions itself as a critical player in next-generation satellite communications, targeting enterprise, government, and consumer broadband markets with innovative, high-capacity, and low-latency services.
Telesat announces results of 2026 Annual General Meeting of shareholders
Telesat reports results for the quarter and twelve months ended December 31, 2025
Telesat enters strategic partnership with Government of Canada and MDA Space to deliver next-generation military satellite communications solution
Telesat purchases real estate in Timmins to develop Landing Station site for Telesat Lightspeed Low Earth Orbit (LEO) satellite network