Advanced Television

telesat

“A crescendo of concern” over crowded orbits

Quilty Analytics, in its latest quarterly ‘state of the industry’ report, quotes recognised satellite business leaders expressing their concerns on the risks to commercial space – and specifically LEO – and the launching of potentially tens of thousands of satellites. Quilty references three leading executives (Viasat’s Mark Dankberg, SES’s Steve Collar, and Steve Spengler, the […]

November 24, 2021

Isotropic Systems brings superfast broadband to trains

Isotropic Systems, a developer of transformational broadband terminal technologies, has joined the consortium led by CGI, which has been selected by the UK Department for Digital, Culture, Media and Sport, the UK Space Agency, and the European Space Agency (ESA), to develop a demonstration of a hybrid satellite communications and terrestrial network for use on […]

November 17, 2021

Telesat to wrap Loral merger on Nov 19

Canadian satellite operator Telesat says it will complete its merger with Loral Space & Communications on November 19th and expects its shares to start trading publicly on the Toronto stock market next week. At the same time its shares will be open to trade on the Nasdaq exchange in New York and replace the Loral […]

November 16, 2021By Chris Forrester

Telesat readies share listing

Ottawa-based Telesat is expected to be granted approval by the Toronto Stock Exchange for a listing over the next few working days. However, the approval depends on a planned merger between Telesat’s part-owners Loral Space & Communications and Canada’s Public Sector Pension Investment Board (PSP Investments) also closing on time. If all goes as planned […]

November 12, 2021By Chris Forrester

Telesat: “Lightspeed likely delayed”

Canadian satellite business Telesat, the world’s fourth-largest operator, revealed its Q3 results on November 5th. The 9-month revenues were down by 8 per cent to C$571 million (€396.4m). The 3-month numbers showed revenue of C$192 million, a fall of 5 per cent compared to the same period in 2020. But Telesat has a problem with […]

November 8, 2021By Chris Forrester

Eutelsat CEO: “OneWeb is European asset”

Eutelsat’s CEO Rodolphe Belmer, in a meeting with a French parliamentary committee, told delegates that the OneWeb satellite consortium is now a “European asset”, and that it was likely to be the only mega-constellation that is not owned by the US. Eutelsat has a 17.5 per cent investment stake in OneWeb with the British Government […]

September 29, 2021By Chris Forrester

Telesat OK to trade on Nasdaq

Ottawa-based satellite operator Telesat will be able to trade under its own name on the Nasdaq exchange later this year. The delay is down to its somewhat complex ownership structure. Telesat is part-owned by Loral Space & Communications (which is already quoted on the US Nasdaq). Loral’s shareholder approved the move on August 23rd whereby […]

August 26, 2021By Chris Forrester

MDA working on mega-constellations

Canada-based satellite component supplier MDA reports it is actively bidding on supplying several mega-constellations of satellites in addition to the contracts it has in place with Telesat’s broadband-by-satellite Lightspeed project and OneWeb. MDA’s CEO Mike Greenley says the company expects to see revenues of some C$800 million (€547.3m) from its Lightspeed contracts between this year […]

August 20, 2021By Chris Forrester

Canada invests in Telesat’s Lightspeed

Canada’s government has announced a major investment and loan commitment to Telesat’s Lightspeed broadband-by-satellite constellation. The latest announcement comes on top of a C$400 million (€273m) separate investment and loan arrangement made by the government of Quebec. The Canadian government is promising C$1.44 billion made up of two parts: a 20-year loan of C$790 million […]

August 13, 2021By Chris Forrester

India: Satellite broadband access fight

Bharti Global has generated plenty of headlines as to its plans for OneWeb, in which it is the major shareholder, for India. Now it has emerged that rival Tata Group is also looking at broadband-by-satellite over India. India’s Economic Times newspaper says that Tata Group subsidiary business Nelco, is in “advanced talks” with Canada’s Telesat […]

August 11, 2021By Chris Forrester