TSAT
Telesat Corporation
NASDAQ · Technology · Communication Equipment · CA
$44.90
+1.93%Sep 2, 2026, 11:30 UTC
Telesat LEO ULC and Farcast completed a collaborative technology demonstration program for Farcast's advanced satellite user terminals, marking a milestone toward the Telesat Lightspeed antenna technology.
Source:Aug 14, 2026, 17:45 UTC
Telesat signed a $2.7 billion contract with the Canadian federal government to build and launch the Telesat Lightspeed satellite network, the largest government deal in company history.
Aug 14, 2026, 17:45 UTC
Telesat contracted SpaceX for approximately US$1 billion to launch its Lightspeed satellites using Falcon 9 rockets, starting in 2026.
Source:Aug 13, 2026, 17:45 UTC
Telesat Corporation expanded its Lightspeed constellation from 156 to 225 satellites to meet defense and sovereign requirements and restore commercial capacity.
Aug 13, 2026, 17:45 UTC
Telesat Corporation secured the first contract for the ESCAPE program with the Canadian Armed Forces, providing Arctic communications and contributing to a $5.6 billion Lightspeed backlog.
Source:Aug 13, 2026, 17:45 UTC
Telesat Corporation confirmed eligibility for US$189 million in FCC C-band incentive payments, leveraging previous spectrum clearing experience to meet 2030-2031 deadlines.
Source:Aug 13, 2026, 17:45 UTC
Telesat Corporation secured a new US$120 million term loan for its GEO segment to provide additional financial resources while focusing on upcoming debt maturities.
Source:Aug 13, 2026, 16:41 UTC
Telesat reported Q2 2026 consolidated revenue of $79 million, down 25% year-over-year, and a net loss of $559 million compared to a $76 million gain in the prior year, causing its stock to drop nearly 14%.
Aug 12, 2026, 23:44 UTC
Telesat Corp shares rose 3.2% to $61.40 on August 12, 2026, trading near its 52-week high.
Source:Aug 4, 2026, 16:48 UTC
MDA Space's existing contract with Telesat was increased by $474 million CAD to manufacture additional satellites for the Arctic constellation.
Aug 4, 2026, 14:00 UTC
The Government of Canada, through the Defence Investment Agency, awarded an initial contract valued at approximately $2.3 billion to Telesat LEO ULC for the military Enhanced Satellite Communications Project – Polar, with two option periods of about $214 million and $218 million.
Jul 9, 2026, 11:30 UTC
Telesat Corporation appointed Ralph (Cody) Kittle to its Board of Directors, succeeding Michael Targoff.
Source:Jul 2, 2026, 11:00 UTC
Telesat GEO Inc. donates satellite capacity to Top Comunications for disaster recovery in Venezuela after earthquakes.
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