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SummaryUpdated Jun 1, 2026
Telesat Corporation (NASDAQ:TSAT) is a Canadian satellite communications company founded in 1969 and headquartered in Ottawa, Canada. Originally established as a domestic satellite operator, Telesat has evolved into a global satellite services provider operating a fleet of geostationary (GEO) satellites. The company went public in 2005 and is currently undergoing a major strategic transformation, investing billions of dollars to develop Telesat Lightspeed, a next-generation low Earth orbit (LEO) satellite constellation designed to compete with emerging players like SpaceX's Starlink while targeting enterprise and government customers.
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Orange and Telesat inaugurated the first Telesat Lightspeed LEO gateway at Orange's Bercenay-en-Othe teleport in the Champagne region of France, with Orange providing terrestrial connectivity to Telesat's Paris point of presence.3d agoTelesat is offering a minority stake in its Lightspeed low-Earth-orbit network to global investors at the Canada Investment Summit.4d agoTelesat and SatPort Infrastructure signed a global build-to-suit agreement to expand the Telesat Lightspeed ground network worldwide.5d ago