With investment in Telesat, Canada enters the communications space race [Toronto Globe and Mail (Ontario, Canada)]
Loral Space and Communications, Inc. (LORL)
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Source: Toronto Globe and Mail
With investment in Telesat, Canada enters the communications space race Michael Byers holds the Canada Research Chair in Global Politics and International Law at the University of British Columbia, where he co-directs the Outer Space Institute. The Trudeau government will soon deliver on a 215 election promise to bring high-speed broadband to every Canadian, including in rural and remote regions. Last week, the government announced that $85-million from its Strategic Innovation Fund will help Ottawa-based Telesat “build and test innovative technologies for its low-earth-orbit (LEO) satellite constellation.” Story continues below advertisement At the same time, the government declared its intention to provide a further $6-million over the first decade of the constellation’s operations. This funding, however, remains “subject to reaching definitive terms of a contribution agreement.” This is all good news, because satellite constellations in low-earth-orbit are the future of communicati
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