Avanti Communications Signs Strategic Collaboration Agreement With Telesat as Part of New Multi-Orbit Strategy [Canadian Business Journal (Canada)]
Telesat Corporation (TSAT)
Company Research
Source: Canadian Business Journal
LONDON and OTTAWA, Feb. 21, 2024 (GLOBE NEWSWIRE) —Avanti TelesatAvanti 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” vs. “technology push” model.The collaboration will be optimised to serve the critical connectivity requirements of Avanti’s enterprise and government customers once the Telesat Lightspeed constellation is operational in 2027.Toby Robinson, Chief of Strategy and Business Development at Avanti, said:Glenn Katz, Chief Commercial o
Show less
Read more
Impact Snapshot
Event Time:
TSAT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TSAT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TSAT alerts
High impacting Telesat Corporation news events
Weekly update
A roundup of the hottest topics
TSAT
News
- Investing in Space: NASA's tool for seeing the solar eclipse [CNBC]CNBC
- Telesat reaches deal with Ottawa for high-yield $2.14-billion loan for satellite constellation [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Telesat Corporation (NASDAQ:TSAT) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Telesat and Government of Canada Agree to Terms on C$2.14 Billion Loan in Support of Telesat Lightspeed [Yahoo! Finance]Yahoo! Finance
- Telesat and Government of Canada Agree to Terms on C$2.14 Billion Loan in Support of Telesat Lightspeed [Financial Post (Toronto, Ontario, Canada)]Financial Post
TSAT
Sec Filings
- 4/8/24 - Form SC
- 4/1/24 - Form 6-K
- 3/28/24 - Form 6-K
- TSAT's page on the SEC website