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0.0141048824593129 0.00650994575045207 -0.0126582278481013 -0.00940325497287528 -0.00506329113924053 0.0441229656419529 0.00506329113924053 0.0334538878842677
Stock impact report

Telesat and Hanwha sign strategic cooperation agreement for next-generation space and marine technologies

Telesat Corporation (TSAT) 
Company Research Source: GlobeNewswire
OTTAWA, Ontario, Jan. 26, 2026 (GLOBE NEWSWIRE) -- Telesat (Nasdaq and TSX: TSAT), one of the world’s largest and most innovative satellite operators, and Hanwha Systems Co, Ltd (Hanwha), a leading Korean corporation of the Hanwha Group, today announced the signing of a memorandum of understanding (MoU) to jointly collaborate on next-generation, sovereign satellite connectivity solutions, as well as user terminals that will be compatible with Telesat’s Low Earth Orbit (LEO) network, Telesat Lightspeed. The MOU follows the signing of a Letter of Intent between the Government of Canada through the Canadian Commercial Corporation (CCC) and the Government of Korea through the Defense Acquisition Program Administration (DAPA) to pursue a structured initiative on next-generation commercial Low earth Orbit (LEO) satellite communications and advanced maritime platforms. Hanwha and Telesat will explore a range of cooperative programs, notably the Government of Korea’s LEO communications sa Show less Read more
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