Telesat purchases real estate in Timmins to develop Landing Station site for Telesat Lightspeed Low Earth Orbit (LEO) satellite network
Telesat Corporation (TSAT)
Company Research
Source: GlobeNewswire
OTTAWA, Ontario and TIMMINS, Ontario, Oct. 16, 2025 (GLOBE NEWSWIRE) -- Telesat (Nasdaq and TSX: TSAT), one of the world’s largest and most innovative satellite operators, and Timmins Economic Development today announced that Telesat purchased a land plot on Laforest Road from the City of Timmins. This site will serve as a Landing Station to connect data from its advanced LEO satellite network, Telesat Lightspeed, to terrestrial Points of Presence and fibre in Northern Ontario. Telesat Lightspeed, the largest space program in Canada’s history, will help bridge the digital divide by extending the reach of terrestrial telecom networks in rural and remote communities. Additionally, it is expected to serve an important role in protecting the Arctic and Canada’s sovereignty and deliver high-performing broadband connectivity for the energy, mining, aviation and maritime industries. The satellite constellation in space is seamlessly integrated with terrestrial Landing Stations around the
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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 invests US$5 million in Farcast to develop fully integrated User Terminals for Telesat Lightspeed satellite networkGlobeNewswire
- 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
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