Jeff Bezos' Blue Origin signs launch deal with Canada's Telesat [Reuters (UK)]
Loral Space and Communications, Inc. (LORL)
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Source: Reuters
Jeff Bezos' Blue Origin signs launch deal with Canada's Telesat | Reuters 3 Min Read ORLANDO, Fla. (Reuters) - Jeff Bezos’ rocket company, Blue Origin, has signed a deal with Canada’s Telesat to launch part of a satellite constellation aimed at providing speedy internet access to governments and businesses globally, the companies said on Thursday. The contract adds an important customer to Blue Origin’s manifest as Bezos’ space venture works to grab a share of the lucrative but crowded launch services market with its still-in-development heavy-lift New Glenn rocket planned for 2021. Telesat, backed by Loral Space & Communications Inc, said in October that it conducted the first-ever live test of in-flight broadband via a satellite in low-Earth orbit. It was targeting 2022 for broadband services from a constellation of nearly 300 satellites. Blue Origin’s rocket will propel some undisclosed portion of the constellation into orbit over a number of launches, the companies said. Telesat’s
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