Telesat invests US$5 million in Farcast to develop fully integrated User Terminals for Telesat Lightspeed satellite network
Telesat Corporation (TSAT)
Company Research
Source: GlobeNewswire
OTTAWA and SAN FRANCISCO, Nov. 04, 2025 (GLOBE NEWSWIRE) -- Telesat (Nasdaq and TSX: TSAT), one of the world’s largest and most innovative satellite operators, today announced an expanded relationship with Farcast, a San Francisco-based startup that is building advanced satellite User Terminals. Under the new agreement, Farcast will deliver an enterprise-class Flat Panel Antenna (FPA) User Terminal that is fully integrated with the Telesat Lightspeed modem and ready for volume production. Additionally, Telesat is making a US$5 million equity investment in Farcast and will take a seat on Farcast’s board of directors to support the company’s alignment with the goals of the Telesat Lightspeed program. Farcast has developed a unique technology that can simultaneously transmit and receive data from the same aperture in an FPA. This proprietary Active Electronically Scanned Antenna (AESA) technology uses electronic beam scanning to compensate for the movement of satellites and users, and
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News
- Telesat (NasdaqGS:TSAT) Losses Worsen, But Revenue Growth Forecast Tests Bullish Narratives [Yahoo! Finance]Yahoo! Finance
- Telesat invests US$5 million in Farcast to develop fully integrated User Terminals for Telesat Lightspeed satellite network [Canadian Business Journal (Canada)]Canadian Business Journal
- Telesat Reports Results for the Quarter and Nine Months Ended September 30, 2025GlobeNewswire
- Telesat schedules third quarter 2025 earnings conference call for November 4, 2025GlobeNewswire
- Telesat purchases real estate in Timmins to develop Landing Station site for Telesat Lightspeed Low Earth Orbit (LEO) satellite networkGlobeNewswire
TSAT
Sec Filings
- 11/4/25 - Form 6-K
- 11/4/25 - Form 6-K
- 9/12/25 - Form 6-K
- TSAT's page on the SEC website