Telesat Corporation, a publicly owned Canadian company founded in 1969, provides connectivity and distribution services globally. Employing approximately 600 people, the company generated revenue of around $500 million in 2023. A significant aspect of Telesat's operations is Telesat Lightspeed, a Low Earth Orbit (LEO) satellite network utilizing Ka-band technology.

2024 Revenue

Founded

1969

Headcount

600

Headquarters

Canada

Primary Segment

Connectivity and distribution services

Ownership

Publicly Owned

Deployments

18

News Summary:

On September 19, 2025, satellite operators, including Telesat, requested the Federal Communications Commission exempt their operations from environmental review. This proposal faced opposition from scientists and state attorney generals who cited the documented effects of satellite operations within the U.S. Separately, advisors to Telesat's creditors plan to sign non-disclosure agreements with the company to address maturing debt in the next year. In Tampa, Florida, Telesat presented Lightspeed as a transitional service leading to its IRIS² low Earth orbit (LEO) broadband constellation, anticipated to launch in 2027. Finally, at the World Space Business Week in Paris, Telesat CEO Dan Goldberg reported unexpectedly high government demand for Lightspeed, Telesat's LEO constellation under development.

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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 $416.9M in 2024. All the revenue comes from media and broadcast satellite connectivity.
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Telesat's customers primarily consist of appliances, Electrical, and Electronics Manufacturing, telecoms services and aviation and Aerospace Component Manufacturing companies. Examples of Telesat's customers include Bell Canada, NASA and Panasonic. Telesat has commercial and technical partners like Nelco, Arabsat and Ciena. Examples of Telesat's suppliers include Intellian Technologies and Quantum Systems (QEST).

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