TSAT

PARIS and OTTAWA, Ontario, Sept. 17, 2026 (GLOBE NEWSWIRE) -- September 17, 2026 - Orange, one of the world's leading telco operators and digital service providers, and Telesat LEO ULC, a subsidiary of Telesat Corporation (Nasdaq and TSX: TSAT), one of the world's largest and most innovative satellite operators, today announced the commissioning of the first European gateway for the Telesat Lightspeed constellation.

Agreement provides a capital-efficient, scalable framework to expand the Telesat Lightspeed ground segment worldwide Agreement provides a capital-efficient, scalable framework to expand the Telesat Lightspeed ground segment worldwide

Telesat's entry onto the list underscores the company's robust TSX performance over a three-year period in the lead-up to the launch of Telesat Lightspeed Telesat's entry onto the list underscores the company's robust TSX performance over a three-year period in the lead-up to the launch of Telesat Lightspeed

OTTAWA, Ontario and SAN FRANCISCO, Sept. 02, 2026 (GLOBE NEWSWIRE) -- Telesat LEO ULC, a subsidiary of Telesat Corporation (Nasdaq and TSX: TSAT), one of the world's largest and most innovative satellite operators, and Farcast, a San Francisco-based startup building advanced satellite user terminals, today announced the successful completion of a collaborative technology demonstration program.

TSAT remains a two-part story. First, it has a declining GEO business. But it also has an ongoing Lightspeed buildout. Lightspeed is moving into production, with the planned constellation now expanded to 225 satellites. TSAT targets to have global commercial service ready by the end of Q1 2028. Plus, TSAT signed a C$2.7 billion Canadian defense agreement.

Telesat NASDAQ: TSAT reported a second-quarter net loss of CAD 559 million as the satellite operator continued to invest in its Lightspeed low Earth orbit network, while its legacy geostationary-orbit business faced ongoing revenue pressure.

Telesat Corporation (TSAT) Q2 2026 Earnings Call Transcript

OTTAWA, Canada, Aug. 13, 2026 (GLOBE NEWSWIRE) -- Telesat (Nasdaq and TSX: TSAT), one of the world's largest and most innovative satellite operators, today announced its financial results for the three- and six-month periods ended June 30, 2026. All amounts are in Canadian dollars and reported under IFRS® Accounting Standards unless otherwise noted.

Telesat (TSAT) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.

Telesat Corporation (TSAT) Discusses New Contract and Updated Financial Outlook Transcript