Canada increases Telesat Lightspeed investment Original Publication Date: 2024-04-01 21:01 Canada agrees terms for a loan worth 2.14 billion Canadian dollars ($1.6 billion) Nearly half the 198-satellite network’s $3.5 billion budget. Terms also include an exchange of warrants enabling the ...

Telesat’s initial LEO constellation fully funded after manufacturer switch Original Publication Date: 2023-08-11 18:31 Telesat saves $2 billion by pivoting to smaller satellites from MDA. MDA is building 198 satellites for Telesat’s Lightspeed constellation. Launches slated to start in the ...