Telesat stock soars over 20% as CEO hails 'increasingly bullish' times Shares of the Ottawa-based company hit fresh 52-week highs on Tuesday In this article : Toronto - Free Realtime Quote...
Telesat Corporation (TSAT)
Company Research
Source: Acquire Media Monitor
The satellite communications firm's CEO is the latest executive in Canada's defence sector to hail a “once in a generation” global spending spree on military tech. Formerly a Canadian Crown corporation, the Ottawa-based company has received billions in financial backing from the federal government to build its Lightspeed low earth orbit satellite constellation. At the same time, it's working with the government and Brampton-based MDA Space ( MDA.TO ) improve communication in the Arctic. “We've become increasingly bullish on the government and defence opportunity for Telesat Lightspeed, and the trends there only continue to get better,” president and CEO Dan Goldberg told analysts on a post-earnings conference call on Tuesday. Beyond Canada, Goldberg says Telesat is an approved supplier for America's “Golden Dome” national missile defence initiative. Last year, U.S. President Donald Trump said the project could require up to US$175 billion in spending. On Tuesday, Goldberg also t
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TSAT
News
- Market Outlook: SpaceX IPO boosts interest in satellite sector [BNN Bloomberg (Canada)]BNN Bloomberg
- Telesat (TSAT) had its price target raised by Deutsche Bank Aktiengesellschaft from $19.00 to $37.00. They now have a "hold" rating on the stock.MarketBeat
- Telesat Corp (TSAT) Q4 2025 Earnings Call Highlights: Strategic Advances Amid Financial Challenges [Yahoo! Finance]Yahoo! Finance
- Telesat Corporation (TSAT) Q4 2025 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- Telesat Q4 Earnings Call Highlights [Yahoo! Finance]Yahoo! Finance
TSAT
Sec Filings
- 3/17/26 - Form 20-F
- 3/17/26 - Form 6-K
- 3/17/26 - Form 6-K
- TSAT's page on the SEC website