Telesat Corporation, also known as Telesat, is a publicly owned company headquartered in Canada. Founded in 1969, with approximately 1,060 employees, the company reported $298.9M in revenue as of 2025, operating as a tier 1 media tech buyer. It specializes in providing connectivity and distribution services. As a global satellite operator, Telesat offers services through its Low Earth Orbit (LEO) satellite network, Telesat Lightspeed, which operates in Ka-band.

2025 Revenue

Founded

1969

Headcount

711

Headquarters

Canada

Primary Segment

Enterprise connectivity services

Ownership

Publicly Owned

Deployments

19

News Summary:

On September 4, 2026, Telesat announced it is expanding the planned scale of its Lightspeed low Earth orbit (LEO) satellite network, increasing the constellation from 156 to 225 satellites. This expansion follows the company securing a major Canadian government contract for military communications across the Arctic, strengthening infrastructure planned for both defense and commercial connectivity. Previously, on September 3, Telesat and Farcast, a San Francisco-based satellite user terminal developer, successfully completed a joint technology demonstration program. The demonstration showcased the main capabilities of Farcast's electronically steered antenna (ESA) technology, culminating in an over-the-air demo using Telesat's LEO 3 test satellite. During the demonstration, Farcast established and maintained end-to-end satellite connectivity through its shared-aperture user terminal. Telesat LEO ULC, a subsidiary of Telesat Corporation, and Farcast first announced the successful completion of this collaborative technology demonstration program on September 2.

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Telesat offers 2 products in the connectivity and cloud and media tech industries. Telesat's product portfolio comprises of connectivity and distribution services and enterprise connectivity services.
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Telesat's revenues were $298.9M in 2025. Caretta Research has split Telesat's revenue into 2 different product categories, the largest of which is satellite data connectivity, which represents 51% of Telesat's revenue.
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Telesat's customers primarily consist of aviation and Aerospace Component Manufacturing, telecoms and appliances, Electrical, and Electronics Manufacturing companies. Examples of Telesat's customers include Panasonic, NASA and Bell Canada. Telesat has commercial and technical partners like Nelco, Arabsat and Ciena. Examples of Telesat's suppliers include Rohde & Schwarz, Netcracker Technology and Vistance Networks.

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