MDA Space
MDA is prime satellite manufacturer for the 198-satellite Telesat Lightspeed constellation (2023), built in Quebec; program capex estimated at approximately US$3.5 billion.
Telesat
SpaceTSX: TSATOttawa, ON
Global satellite operator running a geostationary fleet and building Telesat Lightspeed, a low Earth orbit broadband constellation. Dual-listed on Nasdaq and TSX.
Canadian innovation builds a brighter tomorrow.
About
Company site: telesat.comGlobal satellite operator running a geostationary fleet and building Telesat Lightspeed, a low Earth orbit broadband constellation. Dual-listed on Nasdaq and TSX.
Completed $2.54B in funding agreements for Telesat Lightspeed in September 2024: a $2.14B Government of Canada loan plus a $400M Government of Quebec loan. telesat.com
Completed the spacecraft Preliminary Design Review with MDA Space for the 198-satellite Lightspeed constellation in December 2024, with launches planned from 2026. telesat.com
Signed a 14-launch agreement with SpaceX on Falcon 9, carrying up to 18 Lightspeed satellites per launch toward global service. telesat.com
The Canada Investment Summit pitchbook, per BetaKit, offers a minority equity stake in Telesat or in the Lightspeed low Earth orbit network at a stated valuation of US$5.2 billion. betakit.com
Deployment & Services
Company site: telesat.comHow Telesat says its technology can be deployed and delivered.
Frequency Coordination
ITU filings, communications link analysis, Earth station frequency coordination and Bring into Use strategies.
Satellite Procurement
Satellite design, RFP development, proposal evaluation, negotiations, factory construction monitoring, design reviews and spacecraft testing.
Satellite Insurance
Technical evaluation of satellite designs and launch vehicle issues for the satellite insurance industry.
Flight Operations
Monitoring and control of satellite fleets, payload RF performance tests, maneuver planning, and real-time software development and support.
Launch Services
Launch procurement support, with launch vehicle recommendations, RFP development, proposal evaluation and on-site assistance through the launch campaign.
Transfer Orbit
Mission operations management supported by a worldwide tracking, telemetry and command network with facilities in Canada and Australia.
In Orbit Testing
Full in-orbit test plan development, covering orbital slot location, regulatory coordination and antenna testing at designated sites.
Terrestrial Consulting
Site surveys, interference mitigation, facilities construction, and supply of RF, antenna and monitoring and control systems.
Training Programs
Customizable classroom and on-the-job training covering Earth station design, satellite operations, transponder management, frequency coordination and satellite procurement.
Partnerships
Publicly announced partnerships.
SpaceX
14-launch agreement on Falcon 9 (2023), each carrying up to 18 Lightspeed satellites; launch campaign commencing 2026, global service expected 2027.
Northwestel
Multi-year contract (2026) for Telesat Lightspeed LEO services delivering sovereign broadband to Northern Canada communities at 50/10 Mbps minimum with unlimited usage.
Canadian Strategic Missions Corporation
MOU (2026) to use Telesat's LEO network for secure communications supporting remote monitoring, operation and sustainment of CSMC micro nuclear reactors in Arctic and remote sites.
Government & Grants
Government support actually received. Unpublished amounts are left out.
Government of Ontario — Telesat Lightspeed capacity partnership (5-year)
Governments of Canada and Québec — Telesat Lightspeed completed loan agreements (C$2.14B federal + C$400M Québec, with warrants)
Enhanced Satellite Communications Project – Polar (ESCP-P) — strategic partnership with Government of Canada and MDA Space
2025telesat.comESCP-P Mil-Ka-band — Canadian Armed Forces selection of Telesat Lightspeed (agreement in principle)
2026telesat.com
People
Sourced from the company's own pages or announcements.
Daniel S. Goldberg
President & CEO
Michel Forest
Chief Technology Officer
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