Mage Networks Signs Memorandum of Understanding for Telesat Lightspeed Services [Financial Post (Toronto, Ontario, Canada)]
Telesat Corporation (TSAT)
Company Research
Source: Financial Post
OTTAWA and CALGARY, Alberta, Jan. 17, 2024 (GLOBE NEWSWIRE) — Telesat (NASDAQ and TSX: TSAT), one of the world's largest and most innovative satellite operators, and Mage Networks , a leading Internet Service Provider and technology developer, today announced the signing of a Memorandum of Understanding (MOU) for Telesat Lightspeed Low Earth Orbit (LEO) satellite services. Article content Article content Telesat and Mage Networks will collaborate on integrating commercial and technical aspects of Telesat Lightspeed high-throughput and low latency capacity into its services portfolio. Together they will develop demand and traffic projections and network performance criteria by market segment and define optimal business and operating models, with the objective of contracting Telesat Lightspeed services. “Mage Networks understands the hardships facing people living in remote communities that don't have the same technological access that others do,” said Dr. Sayed-Amr (Sisso) El-
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News
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- 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