Telesat, founded in 1969 and headquartered in Canada, is a publicly owned company that provides connectivity and distribution services. With around 600 employees, the company has achieved significant success as one of the largest global satellite operators. Telesat Lightspeed, their Low Earth Orbit (LEO) satellite network, operates in the Ka-band and contributes to the company's revenue, which reached approximately $500 million in 2023.

2023 Revenue

Founded

1969

Headcount

600

Headquarters

Canada

Primary Segment

Connectivity and distribution services

Ownership

Publicly Owned

Deployments

15

News Summary:

MDA Space, under contract with Telesat, will begin production of 198 Lightspeed satellites in 2026, with an option for 100 more. Launches are scheduled for 2026-2027 using 14 SpaceX Falcon 9 rockets, aiming for global service in 2027. On March 7, 2025, Telesat announced the establishment of a new campus in Gatineau, Quebec, to support growth in the satellite services market and the space economy. The company was also named a National Capital Region’s Top Employer for 2025.

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Telesat offers products in the media tech industry. Telesat's product portfolio comprises of connectivity and distribution services.
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Telesat's revenues were $521.6M in 2023. All the revenue comes from media and broadcast satellite connectivity.
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Telesat's customers primarily consist of digital signage and professional display, telecoms and streaming services companies. Examples of Telesat's customers include NASA, Bell Canada and Panasonic. Telesat has commercial and technical partners like Avanti Communications, Arabsat and Nelco. Telesat has suppliers like Intellian Technologies.

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