Avanti Communications Signs Strategic Collaboration Agreement With Telesat as Part of New Multi-Orbit Strategy [Yahoo! Finance]
Telesat Corporation (TSAT)
Company Research
Source: Yahoo! Finance
LONDON and OTTAWA, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Avanti Communications (“Avanti”) today announced the signing of a Memorandum of Understanding (MOU) with one of the world's largest and most innovative satellite operators, Telesat (NASDAQ and TSX: TSAT), to test and develop LEO services as part of its global strategy to deliver bespoke, multi-orbit solutions to customers at scale. Avanti plans to incorporate Telesat's Lightspeed™ services into its network to provide affordable, high quality broadband connectivity worldwide. Telesat's innovative global network is composed of 198 state-of-the-art LEO satellites that are seamlessly integrated with on-ground networks. Avanti is investing heavily in strategic partnerships and its managed services to meet customers' requirements in an evolving industry where demand for capacity is growing. Avanti's first low-latency LEO constellation agreement will support the execution of Avanti's new strategy, which is built on a “customer pull” v
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News
- Telesat Names Brigadier-General (Ret'd) G. Michael Adamson Director of Defence Strategy and Business Development [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Telesat Names Brigadier-General (Ret’d) G. Michael Adamson Director of Defence Strategy and Business DevelopmentGlobeNewswire
- Telesat (TSAT) Moves 10.3% Higher: Will This Strength Last? [Yahoo! Finance]Yahoo! Finance
- Federal and Quebec governments give billions to Telesat for satellite production [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Canada, Quebec give billions of dollars for satellite production [Financial Post (Toronto, Ontario, Canada)]Financial Post
TSAT
Analyst Actions
- 9/20/24 - CORMARK
TSAT
Sec Filings
- 9/13/24 - Form 6-K
- 8/14/24 - Form 6-K
- 8/14/24 - Form 6-K
- TSAT's page on the SEC website