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Canada’s Telesat takes on U.S. giants in ‘low-Earth orbit’ internet space race [Toronto Globe and Mail (Ontario, Canada)]

Loral Space and Communications, Inc. (LORL) 
US:NASDAQ Investor Relations: loral.com/investors/overview/default.aspx
Canada’s Telesat takes on U.S. giants in ‘low-Earth orbit’ internet space race With plans to launch a web of almost 3 small satellites, Telesat Canada is taking on big U.S. names as it jockeys to be the leader in a race to deliver faster internet from space. The Ottawa-based company wants to build a “constellation” of satellites that would each orbit the Earth multiple times a day from about 1, kilometres above the planet, creating a local communications network in space that could quickly send vast amounts of data to and from users and ground stations that connect back to the broader internet. Fifty-year-old Telesat has emerged as one of the leaders in the field of low-Earth orbit, or “LEO,” satellite broadband proposals. The company already has 17 satellites in geostationary orbit, which are about 36, kilometres above the planet and synchronized with the rotation of the Earth so they remain in a fixed position. These support satellite TV and telecommunications services, with users p Show less Read more
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