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

Connectivity and distribution services

Ownership

Publicly Owned

Deployments

19

News Summary:

The Department of War (DoW) announced on September 10, 2026, that it is evolving its hybrid space architecture to ensure warfighting readiness against advanced threats, highlighting a new phase in defense satellite communications characterized by the convergence of government ownership and commercial innovation. Earlier the same day, Telesat LEO ULC, a subsidiary of Telesat, and Farcast successfully completed a collaborative technology demonstration program for advanced satellite user terminals. This follows Telesat's action on September 9, when it restored 25% of its commercial Lightspeed capacity, previously diverted to the fast-growing defense market, by greenlighting plans to expand its Low Earth Orbit (LEO) constellation to 225 satellites. The Canadian satellite operator initially expected to operate Lightspeed with 156 satellites, and this expansion aims to benefit enterprise and mobility users, including those in aviation.

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Telesat offers 2 products in the connectivity and cloud and media tech industries. Telesat's product portfolio comprises of enterprise connectivity services and connectivity and distribution 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 media and broadcast satellite connectivity, which represents 100% of Telesat's revenue.
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Telesat's customers primarily consist of appliances, Electrical, and Electronics Manufacturing, telecoms and aviation and Aerospace Component Manufacturing companies. Examples of Telesat's customers include NASA, Panasonic and Bell Canada. Telesat has commercial and technical partners like Arabsat, Ciena and Nelco. Examples of Telesat's suppliers include Rohde & Schwarz, Vistance Networks and Netcracker Technology.

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