Telesat Corporation, a satellite operator, provides mission-critical communications services to broadcast, enterprise, and consulting customers worldwide. The company's satellite-based services allow direct-to-home (DTH) service providers to deliver television programming, audio, and information channels directly to customers' homes; and enables broadcasters, cable networks, and DTH service providers to transmit television programming services. It offers value-added services, such as satellite capacity, digital encoding of video channels, authorization, and uplinking and downlinking services; and occasional use services for the broadcast of video news, sports, and live event coverages. The company also provides satellite capacity and end-to-end services, including space segment services and terrestrial facilities for enterprise connectivity, and internet and cellular backhaul; and rural telephony to telecommunications carriers and network services integrators. In addition, it offers broadband communication services to maritime and aeronautical markets comprising commercial airplanes and vessels; services to the U.S. government through government service integrators, and satellite services to the Canadian government; and direct-to-consumer broadband services. Further, the company operates satellite and hybrid satellite/terrestrial networks; and communications services for the oil and gas and mining industries. Additionally, it provides satellite operator services; and consulting services related to space and earth segments, government studies, satellite control, and research and development services. The company offers its services primarily through a direct sales force. As of December 31, 2021, it operated a fleet of 14 in-orbit geostationary satellites and a Canadian payload on the ViaSat-1 satellite. The company was founded in 1969 and is headquartered in Ottawa, Canada.
IPO Year:
Exchange: NASDAQ
Website: https://www.telesat.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/14/2026 | $30.00 | Sell | New Street |
| 4/30/2024 | $9.00 | Hold | Deutsche Bank |
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3 - Telesat Corp (0001845840) (Issuer)
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New Street initiated coverage of Telesat with a rating of Sell and set a new price target of $30.00
Deutsche Bank initiated coverage of Telesat with a rating of Hold and set a new price target of $9.00
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6-K - Telesat Corp (0001845840) (Filer)
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Issued on behalf of Starfighters Space, Inc. CAPE CANAVERAL, Fla., May 21, 2026 (GLOBE NEWSWIRE) -- World Street Intelligence News Commentary — The space sector enters this week with a structural lift few cycles have seen. A Yahoo Finance segment yesterday with ETF.com president Dave Nadig framed the looming SpaceX IPO as "rocket fuel" for space ETFs and the broader public space economy, noting that multiple ETF issuers are already positioning ahead of the debut. [1] SpaceX confidentially filed its S-1 on April 1, 2026, with public registration expected on EDGAR between May 18 and May 22. The targeted June Nasdaq listing aims to raise as much as US$75 billion at a US$1.75 trillion valuati
OTTAWA, Ontario, May 05, 2026 (GLOBE NEWSWIRE) -- Telesat (Nasdaq and TSX:TSAT), one of the world's largest and most innovative satellite operators, today announced its financial results for the three month period ended March 31, 2026. All amounts are in Canadian dollars and reported under IFRS® Accounting Standards unless otherwise noted. "I'm pleased with Telesat's performance in the first quarter of 2026, as the company made significant strides on a number of fronts," commented Dan Goldberg, Telesat's President and CEO. "Our GEO results are tracking to our expectations, and we continue to make strong progress on the development of the Telesat Lightspeed constellation. During the quarte
OTTAWA, Ontario, April 21, 2026 (GLOBE NEWSWIRE) -- Telesat (Nasdaq and TSX:TSAT), one of the world's largest and most innovative satellite operators, has scheduled a conference call on Tuesday, May 5, 2026, at 10:30 a.m. EDT to discuss its financial results for the three month period ended March 31, 2026 Prior to the commencement of the call, Telesat will post a news release containing its financial results on its website (www.telesat.com) under the tab "Investors" and the heading "Investor News." Dial-in Instructions: The toll-free dial-in number for the teleconference is +1-800-715-9871. Callers outside of North America should dial +1-646-307-1963. The access code is 6669954 followed
OTTAWA, ON and IQALUIT, NU, April 02, 2026 (GLOBE NEWSWIRE) -- Telesat (Nasdaq and TSX:TSAT), one of the world's largest and most innovative satellite operators, and Northwestel, the largest communications provider in Canada's North, today announced that Northwestel has signed a multi-year contract for Telesat Lightspeed Low Earth Orbit (LEO) satellite services. Northwestel will leverage the advanced LEO network to deliver low latency, sovereign broadband connectivity to communities across Northern Canada. By leveraging the Government of Canada's Telesat Lightspeed capacity pool, Northwestel plans to provide high speed broadband, offering plans with at least 50 Mbps download and 10 Mbps u
OTTAWA, Ontario, March 17, 2026 (GLOBE NEWSWIRE) -- Telesat (Nasdaq and TSX:TSAT), one of the world's largest and most innovative satellite operators, today announced its financial results for the three and twelve-month periods ended December 31, 2025. All amounts are in Canadian dollars and reported under IFRS® Accounting Standards unless otherwise noted. "Telesat made strong progress on multiple fronts in 2025," commented Dan Goldberg, Telesat's President and CEO. "The development of the Telesat Lightspeed constellation – the satellites, associated software, user terminals, and landing stations – continues to move forward at a rapid pace. We're seeing strong interest in Telesat Lightspe
OTTAWA, Canada, March 17, 2026 (GLOBE NEWSWIRE) -- Telesat (Nasdaq and TSX:TSAT), one of the world's largest and most innovative satellite operators, today announced it is adding 500 MHz of military Ka-band (Mil-Ka) spectrum to the initial 156 satellites in the Telesat Lightspeed constellation to meet the fast-growing global requirements of allied defence users. Mil-Ka is immediately adjacent to the commercial Ka-band spectrum used by Telesat Lightspeed, which allows the change to be made without adversely impacting schedule and with only a modest impact on program cost. The 500 MHz of Mil-Ka will replace the same amount of commercial Ka-band spectrum on the network's user link, with the g
OTTAWA, Ontario, March 11, 2026 (GLOBE NEWSWIRE) -- Telesat (Nasdaq and TSX:TSAT), one of the world's largest and most innovative satellite operators, has scheduled a conference call on Tuesday, March 17, 2026, at 10:30 a.m. EDT to discuss its financial results for the three and twelve month periods ended December 31, 2025. Prior to the commencement of the call, Telesat will post a news release containing its financial results on its website (www.telesat.com) under the tab "Investors" and the heading "Investor News." Dial-in Instructions: The toll-free dial-in number for the teleconference is +1-800-715-9871. Callers outside of North America should dial +1-646-307-1963. The access code
OTTAWA, Ontario, March 10, 2026 (GLOBE NEWSWIRE) -- Telesat (Nasdaq and TSX:TSAT), one of the world's largest and most innovative satellite operators, announced the acquisition of land in Estevan, Saskatchewan and Papineauville, Quebec, and the lease of land in Shaunavon, Saskatchewan. These sites will host new landing stations that will route data between the Telesat Lightspeed Low Earth Orbit (LEO) satellite network and major fibre and internet exchange points. The geographically diverse locations enhance network resiliency and performance for the satellite network. As the largest space program in Canada's history, Telesat Lightspeed will expand the reach of terrestrial telecom networks
OTTAWA, Ontario, Jan. 26, 2026 (GLOBE NEWSWIRE) -- Telesat (Nasdaq and TSX:TSAT), one of the world's largest and most innovative satellite operators, and Hanwha Systems Co, Ltd (Hanwha), a leading Korean corporation of the Hanwha Group, today announced the signing of a memorandum of understanding (MoU) to jointly collaborate on next-generation, sovereign satellite connectivity solutions, as well as user terminals that will be compatible with Telesat's Low Earth Orbit (LEO) network, Telesat Lightspeed. The MOU follows the signing of a Letter of Intent between the Government of Canada through the Canadian Commercial Corporation (CCC) and the Government of Korea through the Defense Acquisiti
OTTAWA, Ontario, Jan. 21, 2026 (GLOBE NEWSWIRE) -- Telesat (Nasdaq and TSX:TSAT), one of the world's largest and most innovative satellite operators, confirms that certain creditors holding portions of the company's legacy GEO (Geostationary Earth Orbit) debt have filed lawsuits in both New York and Ontario regarding the equity distribution in September 2025 of the Telesat Lightspeed business. The lawsuits, filed at the direction of a group of distressed debt hedge funds, are without merit. The equity distribution at issue followed a robust governance process and was accomplished in strict accordance with relevant debt agreements and applicable law. Telesat intends to defend itself vigoro
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OTTAWA, Ontario, Aug. 27, 2025 (GLOBE NEWSWIRE) -- Telesat (NASDAQ and TSX:TSAT), one of the world's largest and most innovative satellite operators, today announced the appointment of Donald Tremblay as its new Chief Financial Officer (CFO), effective October 20, 2025. A highly experienced CFO, Mr. Tremblay brings over 35 years of financial expertise and leadership, including at publicly listed companies in high-growth, capital intensive industries. He has deep experience in equity and debt capital market transactions, mergers and acquisitions, compliance, and risk management. Mr. Tremblay will be succeeding Andrew Browne, who announced in March of this year that he would be retiring afte
OTTAWA, Ontario, June 19, 2025 (GLOBE NEWSWIRE) -- Telesat Corporation (Nasdaq and TSX:TSAT) ("Telesat" or the "Company"), one of the world's largest and most innovative satellite operators, today announced the voting results from its annual general meeting of shareholders held on June 17th virtually via live audio webcast. Shareholders of Telesat voted in favour of all items of business, including the appointment of Deloitte LLP Chartered Professional Accountants as auditors of the Company and the election of each of the director nominees as follows: Director NomineeVotes ForVotes Withheld(a) Michael Boychuk47,936,239986,534(b) Jane Craighead46,146,9742,775,795(c) Richard Fadden47,932,02
ARLINGTON, Va., April 22, 2025 (GLOBE NEWSWIRE) -- Telesat Government Solutions, a wholly-owned subsidiary of Telesat (Nasdaq and TSX:TSAT), today announced Ronald Thompson Jr., Colonel (retired), USAF, as Vice President of Telesat Government Solutions Growth. In this strategic role, Mr. Thompson will function as the chief growth officer, leading the business growth strategies and business development team for the company, with a mission of expanding the government user community for the Telesat Lightspeed Low Earth Orbit (LEO) satellite network. Mr. Thompson offers a wealth of expertise, exceptional insight, and strong leadership gained throughout his distinguished career spanning nearly
Michel Forest to succeed David Wendling as Chief Technology OfficerAsit Tandon joins as Chief Network and Information Officer OTTAWA, Ontario, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Telesat (NASDAQ and TSX:TSAT), one of the world's largest and most innovative satellite operators, today announced that Michel Forest will be its new Chief Technology Officer following the retirement of David Wendling at the end of February 2025. In this role, Mr. Forest will report to Dan Goldberg, Telesat's President and CEO, and oversee Telesat's satellite operations, satellite and systems engineering, launch activities and program management. Serving most recently as Telesat's Vice President of LEO System
OTTAWA, Ontario and ARLINGTON, Va., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Telesat (NASDAQ and TSX:TSAT), one of the world's largest and most innovative satellite operators, today announced the appointment of Charles "Chuck" Cynamon as its new President of Telesat Government Solutions, a wholly-owned subsidiary of Telesat that provides resilient and secure satellite solutions to the U.S. Government civil, military and intelligence sectors. Mr. Cynamon brings deep knowledge, expertise and leadership acumen from over 24 years of service in the U.S. Air Force and a subsequent decade working with leading space and satellite enterprises. Most recently he was Senior Vice President at LinQuest Corpor
OTTAWA, Ontario, Sept. 18, 2024 (GLOBE NEWSWIRE) -- Telesat (TSX:TSAT), one of the world's largest and most innovative satellite operators, today announced the appointment of recently retired Brigadier-General G. Michael Adamson as the company's new Senior Director of Defence Strategy and Business Development. In this role, BGen (Ret'd) Adamson will work to expand and execute the government go-to-market and business development strategy for the Telesat Lightspeed low earth orbit (LEO) network, with an emphasis on Canada, the U.S. and other allied nations. "The Telesat Lightspeed constellation will transform connectivity in a variety of enterprise industries, but particularly in the govern
OTTAWA, June 20, 2024 (GLOBE NEWSWIRE) -- Telesat Corporation (TSX:TSAT) ("Telesat" or the "Company"), one of the world's largest and most innovative satellite operators, announced the voting results from its annual meeting of shareholders held yesterday virtually via live audio webcast. Shareholders of Telesat voted in favour of all items of business, including the appointment of Deloitte LLP Chartered Professional Accountants as auditors of the Company, the amendment to the Company's Omnibus Plan to increase the number of Class A Common Shares and Class B Variable Voting Shares available for issuance under the Omnibus Plan and the election of each of the director nominees as follows: Di
OTTAWA and ARLINGTON, Va., Dec. 19, 2022 (GLOBE NEWSWIRE) -- Telesat (TSX:TSAT), one of the world's largest and most innovative satellite operators, today announced the appointment of Philip Harlow as President of Telesat Government Solutions, a U.S.-incorporated, wholly-owned subsidiary of Telesat that is focused on providing resilient and secure satellite solutions to the U.S. Government and allied nations. With over 25 years of leadership experience, Mr. Harlow joins Telesat Government Solutions with deep knowledge and expertise in delivering SATCOM solutions to government users, including the U.S. Department of Defense and law enforcement and emergency services personnel. He most rece
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OTTAWA, Ontario, May 05, 2026 (GLOBE NEWSWIRE) -- Telesat (Nasdaq and TSX:TSAT), one of the world's largest and most innovative satellite operators, today announced its financial results for the three month period ended March 31, 2026. All amounts are in Canadian dollars and reported under IFRS® Accounting Standards unless otherwise noted. "I'm pleased with Telesat's performance in the first quarter of 2026, as the company made significant strides on a number of fronts," commented Dan Goldberg, Telesat's President and CEO. "Our GEO results are tracking to our expectations, and we continue to make strong progress on the development of the Telesat Lightspeed constellation. During the quarte
OTTAWA, Ontario, April 21, 2026 (GLOBE NEWSWIRE) -- Telesat (Nasdaq and TSX:TSAT), one of the world's largest and most innovative satellite operators, has scheduled a conference call on Tuesday, May 5, 2026, at 10:30 a.m. EDT to discuss its financial results for the three month period ended March 31, 2026 Prior to the commencement of the call, Telesat will post a news release containing its financial results on its website (www.telesat.com) under the tab "Investors" and the heading "Investor News." Dial-in Instructions: The toll-free dial-in number for the teleconference is +1-800-715-9871. Callers outside of North America should dial +1-646-307-1963. The access code is 6669954 followed
OTTAWA, Ontario, March 17, 2026 (GLOBE NEWSWIRE) -- Telesat (Nasdaq and TSX:TSAT), one of the world's largest and most innovative satellite operators, today announced its financial results for the three and twelve-month periods ended December 31, 2025. All amounts are in Canadian dollars and reported under IFRS® Accounting Standards unless otherwise noted. "Telesat made strong progress on multiple fronts in 2025," commented Dan Goldberg, Telesat's President and CEO. "The development of the Telesat Lightspeed constellation – the satellites, associated software, user terminals, and landing stations – continues to move forward at a rapid pace. We're seeing strong interest in Telesat Lightspe
OTTAWA, Ontario, March 11, 2026 (GLOBE NEWSWIRE) -- Telesat (Nasdaq and TSX:TSAT), one of the world's largest and most innovative satellite operators, has scheduled a conference call on Tuesday, March 17, 2026, at 10:30 a.m. EDT to discuss its financial results for the three and twelve month periods ended December 31, 2025. Prior to the commencement of the call, Telesat will post a news release containing its financial results on its website (www.telesat.com) under the tab "Investors" and the heading "Investor News." Dial-in Instructions: The toll-free dial-in number for the teleconference is +1-800-715-9871. Callers outside of North America should dial +1-646-307-1963. The access code
OTTAWA, Ontario, March 10, 2026 (GLOBE NEWSWIRE) -- Telesat (Nasdaq and TSX:TSAT), one of the world's largest and most innovative satellite operators, announced the acquisition of land in Estevan, Saskatchewan and Papineauville, Quebec, and the lease of land in Shaunavon, Saskatchewan. These sites will host new landing stations that will route data between the Telesat Lightspeed Low Earth Orbit (LEO) satellite network and major fibre and internet exchange points. The geographically diverse locations enhance network resiliency and performance for the satellite network. As the largest space program in Canada's history, Telesat Lightspeed will expand the reach of terrestrial telecom networks
OTTAWA, Ontario, Nov. 04, 2025 (GLOBE NEWSWIRE) -- Telesat (Nasdaq and TSX:TSAT), one of the world's largest and most innovative satellite operators, today announced its financial results for the three and nine-month periods ended September 30, 2025. All amounts are in Canadian dollars and reported under IFRS® Accounting Standards unless otherwise noted. "I am pleased with our performance thus far in 2025," commented Dan Goldberg, Telesat's President and CEO. "Our Telesat Lightspeed team continues to make good progress on both the engineering and commercial fronts, as we work toward an initial satellite launch late next year and toward further expanding our $1.1 billion Telesat Lightspeed
OTTAWA, Oct. 27, 2025 (GLOBE NEWSWIRE) -- Telesat (Nasdaq and TSX:TSAT), one of the world's largest and most innovative satellite operators, has scheduled a conference call on Tuesday, November 4, 2025, at 10:30 a.m. EST to discuss its financial results for the three and nine month periods ended September 30, 2025. Prior to the commencement of the call, Telesat will post a news release containing its financial results on its website (www.telesat.com) under the tab "Investors" and the heading "Investor News." Dial-in Instructions: The toll-free dial-in number for the teleconference is +1-800-715-9871. Callers outside of North America should dial +1-646-307-1963. The access code is 915943
OTTAWA, Ontario, Aug. 06, 2025 (GLOBE NEWSWIRE) -- Telesat (Nasdaq and TSX:TSAT), one of the world's largest and most innovative satellite operators, today announced its financial results for the three and six-month periods ended June 30, 2025. All amounts are in Canadian dollars and reported under IFRS® Accounting Standards unless otherwise noted. "I am pleased with our performance in the first half of this year. We're making strong progress on the Telesat Lightspeed technical and commercial fronts, and continuing our disciplined execution in our GEO segment," commented Dan Goldberg, Telesat's President and CEO. "The Telesat Lightspeed backlog stands at over $1 billion, and we remain foc
OTTAWA, Ontario, July 30, 2025 (GLOBE NEWSWIRE) -- Telesat (Nasdaq and TSX:TSAT), one of the world's largest and most innovative satellite operators, has scheduled a conference call on Wednesday, August 6, 2025, at 10:00 a.m. EDT to discuss its financial results for the three and six month periods ended June 30, 2025. The call will be hosted by Daniel S. Goldberg, President and Chief Executive Officer, and Andrew Browne, Chief Financial Officer of Telesat. Prior to the commencement of the call, Telesat will post a news release containing its financial results on its website (www.telesat.com/) under the tab "Investors" and the heading "Investor News." Dial-in Instructions: The toll
OTTAWA, Ontario, May 06, 2025 (GLOBE NEWSWIRE) -- Telesat (Nasdaq and TSX:TSAT), one of the world's largest and most innovative satellite operators, today announced its financial results for the three month period ended March 31, 2025. All amounts are in Canadian dollars and reported under IFRS® Accounting Standards unless otherwise noted. "I am pleased with our performance in the first quarter of this year, including our disciplined execution in our GEO business and the excellent progress we are making on the Telesat Lightspeed technical and commercial fronts," commented Dan Goldberg, Telesat's President and CEO. "Our recently-announced contract with Viasat, along with the Or
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