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Telesat

Summary
Telesat Corporation, a satellite operator, provides mission-critical communications services to broadcast, enterprise, and consulting customers worldwide. The company's satellite-based services allow direct-to-home (DTH) service providers to deliver television programming, audio, and information channels directly to customers' homes; and enables broadcasters, cable networks, and DTH service providers to transmit television programming services. It offers value-added services, such as satellite capacity, digital encoding of video channels, authorization, and uplinking and downlinking services; and occasional use services for the broadcast of video news, sports, and live event coverages. The company also provides satellite capacity and end-to-end services, including space segment services and terrestrial facilities for enterprise connectivity, and internet and cellular backhaul; and rural telephony to telecommunications carriers and network services integrators. In addition, it offers broadband communication services to maritime and aeronautical markets comprising commercial airplanes and vessels; services to the U.S. government through government service integrators, and satellite services to the Canadian government; and direct-to-consumer broadband services. Further, the company operates satellite and hybrid satellite/terrestrial networks; and communications services for the oil and gas and mining industries. Additionally, it provides satellite operator services; and consulting services related to space and earth segments, government studies, satellite control, and research and development services. The company offers its services primarily through a direct sales force. As of December 31, 2021, it operated a fleet of 14 in-orbit geostationary satellites and a Canadian payload on the ViaSat-1 satellite. The company was founded in 1969 and is headquartered in Ottawa, Canada.

History

Telesat began as Telesat Canada, a Canadian Crown corporation created by an Act of Parliament, in 1969. Telesat Canada launched Anik A1 in 1972 as the world's first domestic communications satellite in geostationary orbit operated by a commercial company; this satellite was retired from use in 1981. Until February 1979, Telesat had a legal monopoly on Earth stations in Canada: any entity wishing to send or receive satellite signals had to sign a long-term lease with Telesat Canada for an Earth station. Contracts for such leases were still enforced after the monopoly was ended.Telesat Canada was privatized and sold by the federal government to Bell Canada in 1998.On December 18, 2006, Loral Space & Communications announced that it, along with Canada's Public Sector Pension Investment Board , would acquire Telesat for US$2.8 billion.On October 5, 2007, Loral Space & Communications Inc. and the Public Sector Pension Investment Board of Canada received the final regulatory approval necessary to complete the acquisition of Telesat from BCE Inc. for CAD$3.25 billion. The acquisition closed on October 31, 2007, with Loral owning 63% of Telesat.At the same time, Telesat merged with Loral Skynet , a subsidiary of Loral Space & Communications. Loral Skynet was a full-service global satellite operator headquartered in Bedminster, New Jersey. This resulted in the transfer of all of the assets of Loral Skynet to Telesat.

Telesat announced on December 30, 2009, that Nimiq 6 was built by Space Systems/Loral . Bell Satellite TV, a Canadian satellite TV provider agreed to fully lease the satellite for its lifetime to serve their subscribers across Canada. Nimiq 6 has a payload of 32 high-powered Ku-band transponders. It uses the SS/L1300 platform and has a 15-year mission life. It was launched in 2012 by International Launch Services .On November 17, 2010: Telesat Holdings Inc. hired JPMorgan Chase & Co., Morgan Stanley and Credit Suisse Group AG to start a formal sales process and offer so-called staple financing to interest buyers for $6 billion to $7 billion.MHI Launch Services ) launched Telstar 12 VANTAGE for Telesat in November 2015 on a H2A204 variant of the H-IIA rocket, and it commenced service in December 2015.

Lightspeed LEO constellation

In 2016, Telesat announced it would launch a low-Earth-orbit constellation of 120 satellites, in polar orbit and in inclined orbits, about 1,000 km in altitude, using the Ka-band, across 6 orbital planes, having at least 12 satellites in each plane. The siting of the orbital planes is to comply with the Canadian government's Enhanced Satellite Constellation Project, as well as providing global coverage. The constellation is officially named Telesat Lightspeed.In 2017, Telesat expanded the LEO constellation plan to about 300 satellites, coupled with 50 ground stations across the globe. There would be about 80 polar orbit satellites, with the remainder in inclined orbits, for global coverage, including polar regions. The internet satellite constellation is targeted to have a 30-50 ms latency. The satellites are expected to be around 800 kg and last 10 years on orbit. The constellation is expected to have a 16-24 Tb/s capacity with 8 Tbit/s available for customers.In 2018, the Phase 1 pathfinder test satellite for the LEO constellation was launched. Various customers and satellite transceiver equipment manufacturers started testing with the satellite.In 2019, Telesat contracted with Blue Origin on their New Glenn rocket and Relativity Space with their Terran 1 rocket, for satellite launches to their LEO constellation.In 2020, Telesat filed plans for expanding the satellite count to its LEO constellation to over 1600 satellites. In November 2020, Telesat announced that it will become a publicly traded on the American stock index NASDAQ in mid 2021.


Mission
Our mission is to connect people and enable them to experience the world with access to secure, reliable and cost-effective satellite communications solutions.

Vision
Our vision is to be the leading provider of global satellite communications solutions, enabling the world to share and access information anytime, anywhere.

Key Team

Mr. Michael C. Schwartz (Sr. VP of Corp. & Bus. Devel.)

Mr. Christopher S. DiFrancesco (VP, Gen. Counsel & Sec.)

Mr. Thomas E. Eaton Jr. (Pres of Telesat Gov. Solutions)

Mr. John Flaherty (VP of Bus. Planning & Marketing)

Mr. Glenn Katz (Chief Commercial Officer)

Ms. France Teasdale (VP of People)

Ms. Michèle Beck (Sr. VP of Canadian Sales)


Recognition and Awards
Telesat has been honored with numerous awards, such as the Emmy® Engineering Award and the Canadian Telecom Summit “Innovation Excellence” Award. In 2017, Telesat won The FlightGlobal Aerospace Achievement Award, recognizing operational excellence in satellite-delivered communications solutions.

References
Telesat
Leadership team

Mr. Daniel S. Goldberg (Pres, CEO & Director)

Mr. Andrew Martin Browne (Chief Financial Officer)

Mr. David N. Wendling (Chief Technical Officer)

Products/ Services
Telecommunications
Number of Employees
100 - 500
Headquarters
Ottawa, Ontario, Canada
Established
1969
Company Registration
SEC CIK number: 0001845840
Net Income
100M - 500M
Revenue
500M - 1B
Traded as
TSAT
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